Fine Gael's Colm Markey has warned that electricity bills will remain high unless Ireland speeds up the rollout of energy sources including offshore wind production. The Midlands NorthWest MEP has been reacting to new figures, which reveal that electricity prices here are the highest in Europe.
The Household Energy Price Index, commissioned by the Austrian and Hungarian energy regulators, revealed that Irish consumers are paying €900 a year more than their EU counterparts.
Speaking to Northern Sound, Mr Markey said this latest development was "deeply concerning," adding that the figures indicate clearly the "pressing need" to expedite the development of indigenous energy sources.
Mr Markey continued; "It is imperative that Ireland takes swift and decisive actions to address delays in the development of offshore wind projects," he continued. "By prioritising the expansion of renewable energy infrastructure, Ireland can simultaneously work towards meeting its climate targets and alleviating the financial strain on consumers.
"We must address complex regulatory procedures, ensure we deliver on our commitment to redevelop the national grid and invest in our ports to support offshore production. Offshore wind has the potential to play a transformative role in Ireland's energy landscape
"If we tackle these challenges head on, we can create a more resilient and affordable energy future for our citizens. We need to overcome the aspirational gap and get on with delivery."
