Mayo no events posted in last week
The Wholesome Photo of the Month Thu May 09, 2024 11:01 | Anti-Empire
In 3 War Years Russia Will Have Spent $3... Thu May 09, 2024 02:17 | Anti-Empire
UK Sending Missiles to Be Fired Into Rus... Tue May 07, 2024 14:17 | Marko Marjanović
US Gives Weapons to Taiwan for Free, The... Fri May 03, 2024 03:55 | Anti-Empire
Russia Has 17 Percent More Defense Jobs ... Tue Apr 30, 2024 11:56 | Marko Marjanović Anti-Empire >>
A bird's eye view of the vineyard
Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb
The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker Dear friends As I have previously announced, we are now “freezing” the blog. We are also making archives of the blog available for free download in various formats (see below).
What do you make of the Russia and China Partnership? Tue Feb 28, 2023 16:26 | The Saker by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are
Moveable Feast Cafe 2023/02/27 ? Open Thread Mon Feb 27, 2023 19:00 | cafe-uploader 2023/02/27 19:00:02Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of
The stage is set for Hybrid World War III Mon Feb 27, 2023 15:50 | The Saker Pepe Escobar for the Saker blog A powerful feeling rhythms your skin and drums up your soul as you?re immersed in a long walk under persistent snow flurries, pinpointed by The Saker >>
Interested in maladministration. Estd. 2005
RTEs Sarah McInerney ? Fianna Fail supporter? Anthony
Joe Duffy is dishonest and untrustworthy Anthony
Robert Watt complaint: Time for decision by SIPO Anthony
RTE in breach of its own editorial principles Anthony
Waiting for SIPO Anthony Public Inquiry >>
Indymedia Ireland is a volunteer-run non-commercial open publishing website for local and international news, opinion & analysis, press releases and events. Its main objective is to enable the public to participate in reporting and analysis of the news and other important events and aspects of our daily lives and thereby give a voice to people.
Julian Assange is finally free ! Tue Jun 25, 2024 21:11 | indy
Stand With Palestine: Workplace Day of Action on Naksa Day Thu May 30, 2024 21:55 | indy
It is Chemtrails Month and Time to Visit this Topic Thu May 30, 2024 00:01 | indy
Hamburg 14.05. "Rote" Flora Reoccupied By Internationalists Wed May 15, 2024 15:49 | Internationalist left
Eddie Hobbs Breaks the Silence Exposing the Hidden Agenda Behind the WHO Treaty Sat May 11, 2024 22:41 | indy Human Rights in Ireland >>
|
Government Energy Regulator confirms Shell Rip Off Deal
mayo |
environment |
news report
Tuesday September 30, 2008 21:04 by Full Irish
![Report this post to the editors Report this post to the editors](../graphics/report.gif)
Gas supply security not an issue, and price will be set by Shell, says Commission for Energy Regulation
Just in case you thought all the talk about the Great Gas Rip Off ® was lefty treehugger claptrap ®, it was confirmed today by no less a personage than the government's own energy watchdog, who turns out to be highly-paid civil servant called Dermot Nolan.
He works for a shower called the Commission for Energy Regulation (CER) , and he told the Oireachtas Energy Committee today that as far as the Irish consumer is concerned, the gas from the Corrib field may as well be coming from Outer Mongolia (he didn't use those exact words).
![Click on image to see full-sized version Minister fo Natual Resources Eamon Ryan will be weighing up evidence carefully before he gives Shell his full backing and support](../cache/imagecache/local/attachments/sep2008/460_0___30_0_0_0_0_0_eamon_ryan_1.jpg) Minister fo Natual Resources Eamon Ryan will be weighing up evidence carefully before he gives Shell his full backing and support He said something about the Shell scheme, if it ever gets done, adding to Ireland's energy security, but he made plain the fact that the gas from Corrib no longer belongs to the people of Ireland, and Shell can charge what they like.
He said "Corrib will improve the security of supply but it won't have any particular affect on price, because the international price of gas will determine that."
He reckons gas consumers in Ireland can expect more price increases in the New Year despite the recent fall-off in global fuel costs.
Security of supply depends, it seems, on willingness to pay whatever "the international price of gas" is. Mr Nolan didn't dwell on what would happen if the price that Shell could get in a foreign market couldn't be matched by Bord Gais.
Separately, the question of what threats actually exist to Irish security of supply was addressed by a spokesman for the CER earlier this week. It seems that even without Corrib gas, there is only a very slim possibility that gas supplies could ever be interrupted:
"In the extremely unlikely scenario of the coldest day in the coldest year for 50 years, and even then for a very short space of time (an hour at peak time) is there the potential for a very slight shortfall between supply and demand," a spokesman told the Sunday Tribune newspaper.
This didn't stop the Tribune from making the headline something like Ireland Faces Power Cuts Because of Shell to Sea Terror! (again, those may not be the exact words)
So to sum up, the Commission for Energy Regulation has this week said that
1, There is no particular issue around security of supply facing Ireland, and 2, Corrib won't make a difference to price, but it will help with the (non)issue of security of supply.
The Commission for Energy Regulation describes its remit as follows-
"In a world where energy supply and prices are highly volatile, the mission of the CER acting in the interests of consumers is to ensure that:
* the lights stay on;
* the gas continues to flow;
* the prices charged are fair and reasonable;
* the environment is protected, and
* electricity and gas are supplied safely"
So far the Shell scheme in Mayo is not living up to the last two for sure, but who knows, by the time this is over Shell may be able to claim they broke five out of five.
http://www.cer.ie/en/gas-capacity-statement.aspx
|
View Comments Titles Only
save preference
Comments (5 of 5)
Jump To Comment: 1 2 3 4 5Here are some interesting figures and info on the Bord Gais price hikes, from a recent Socialist Party leaflet. Full leaflet attached:
"Energy prices are out of control. Gas & ESB prices have increased by 20% and 17.5% respectively in the last weeks and now there are plans to raise them by a further 20% and 13% in January.
At the same time workers are being asked to accept a 3 to 11 month pay freeze – a de facto pay cut. For many hard-pressed families, these price increases mean this winter will be the coldest ever.
These price hikes are completely unjustified. Both ESB and Bord Gais are hugely profitable, with profits up a shocking 29% and 85% in one year. These price hikes are being done purely to defend profits, and prepare the companies for privatisation. These hikes were given the go ahead by the energy regulator. This is answerable to the government - they have the power to overturn these price hikes.
But the government parties and the opposition have no problem with these hikes. They are all supporters of the ‘free market’ and are in favour of profiteering and privatisation. They will need to be forced to act by mass protests. The ESB & Bord Gais need to be brought under democratic control by workers and consumers."