ESRI: Ireland needs to ‘diversify’ its gas supply

Ireland needs to look at ways of diversifying its gas supply in a post-Brexit world, the Economic and Social Research Institute (ESRI) said.

In a recommendation paper on Irish energy policy, the economic think-tank said diversification opportunities should be studied by government and industry stakeholders and costs and benefits should be clearly identified. It added while Ireland has access to gas from the Corrib field, the Moffat gas interconnector, linking the UK to Ireland, will likely be the dominant source of gas supply to Ireland by as early as next year.

ESRI research officer Muireann Lynch said policymakers should “exercise caution” in determining new energy priorities.