Energy market ‘too small’ for competition

IRELAND’S energy market is too small to support the kind of competition that results in cheaper prices, according to a Government green paper on energy.

The discussion document, to be published next month, is expected to call for more interconnectors between Ireland and Europe to strengthen the country’s ability to buy cheaperenergy.

It argues that the lack of connections to European electricity grids is hampering Ireland’s ability to take renewable energy and lessen the reliance on fossil fuels.