What more can be done to tackle the energy crisis?

Between energy security, price and supply, the energy crisis shows no signs of abating ahead of the winter. A number of high-level national and EU meetings are set to look at these issues shortly, but it remains to be seen if any of these can arrest the spiraling cost of energy which householders and businesses face.

"We're at a critical point this winter", explains Ó Gallachóir,"and there are three things happening in parallel, which kind of can confuse matters. One is the price rises that we've seen in gas and in electricity. We've also seen an increase in the number of amber alerts on the power system so there's an increased risk of a failure in electricity supply or electricity supply disruption this winter.

So what could be done? Ó Gallachóir says addressing the price rises is one issue to be considered."This is what the European Commission is looking at, maybe intervention in the market to put a floor price on the price of gas, and then that would follow through into electricity prices so don't let the market decide essentially.

"In terms of the electricity supply risk, this is where EirGrid and the regulator come in. What measures do they propose in terms of additional electricity supply this winter? We have had a number of attempts to increase the backup electricity supply for when the wind isn't blowing, but those attempts have failed.

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