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Charlie Weston

๐Ÿ‘ค Speaker
402 total appearances

Appearances Over Time

Podcast Appearances

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

And one of the things they were saying is maybe governments should take on some of the charges associated with upgrading these grids because they're huge in every country, but they're particularly bad in this country.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

You know, a huge part of our bill, as I say, is made up of these grid fees or network charges in various forms.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

So maybe the government should take over a bit of that.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

And the Taoiseach has kind of hinted that maybe the government will.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

You know, why should the massive bill for all of the upgrades, all of the investment, and we're talking here something like 18 billion euros over the next few years in upgrading the grid,

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

why should that all land at the feet of users, in other words, consumers and businesses?

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

And remember that data centers pay a cheap rate anyway.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

They pay half the

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

electricity costs of consumers and use a huge proportion of the electricity.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

That's it, Matt.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

Yeah, these large users, they get a discount because they're big users.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

Traditionally, they were big employers.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

So, you know, so big industry always got a discount.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

That's all very well if you have a big factory like Intel and you have thousands of people in it.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

But data centers are incredibly intensive users of electricity, and it is costing us an arm and a leg to get them into the system.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

Now, they have been told that they will have to help producing their own electricity in

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

And they're allowed to put in private wires, which is fine.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

But they're still, you know, they're a big drag on the system.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

And it's one of the reasons why it's costing so much to upgrade the grid to kind of connect up them.

The Last Word with Matt Cooper
Ireland Has The Highest Electricity Prices In Europe

And because of the sheer amount of electricity they're using.