JBC policy statement on all-island energy and electricity
The JBC has developed an all-island electricity policy statement which places particular emphasis on energy competitiveness as a key long-term priority for the all-island economy. This will require as priorities, coordinating the development of our transmission networks on an all-island basis; delivering renewable energy capacities and further enhancement of the grid including inter-connection with the UK and other regional markets.
Energy and in particular sustainable electricity supply has become a leading policy area for the business community. Global pressures associated with fuel security, climate change abatement, liberalisation and prices are driving significant change in the way electricity is supplied and consumed.
The JBC believes that a significant gap exists between political aspirations and the delivery of these targets on the island of Ireland. The JBC believe that urgent action is required by policy makers to remove log-jams to the delivery of targets, while at the same time achieving and maintaining competitiveness. These actions include:
JBC key messages include:
- Ensure the island’s competitiveness is enhanced, while decarbonising its economies
- Develop the grid on an all-island basis
- Ensure planning alignment and effectiveness
- Create market certainty for investors and consumers
- Establish a medium and long-term strategy and associated road-map for the evolution of the island’s energy market
- Target initiatives that decarbonise Ireland’s economy
JBC_All_Island_Report