Ireland’s energy system is “increasingly viewed as expensive, unpredictable and relatively high risk”, IDA Ireland has warned.
The inward investment agency has made the claim in a hard-hitting submission to the energy regulator, in which it says “unprecedented” plans to introduce €100 million in emergency tariffs on certain large businesses would also undermine Ireland’s cost-competitiveness and damage the country’s reputation for foreign direct investment.
See Jimmy Carr is back in town.
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