I propose to take Questions Nos. 213 and 214 together.
Ireland is a net exporter of electricity to Great Britain via the East West Interconnector (EWIC). In 2022 Ireland imported 382 Gigawatt hours (GWh) of electricity but exported 992 GWh of electricity to Great Britain with a resulting net export of 610 GWh of electricity via the EWIC over the year. The origin of this electricity changes on a minute-by-minute basis as the different fuel sources vary to respond to demand and the available supply including wind and solar availability.
Similarly, the island of Ireland operates an all-island Integrated Single Electricity Market (ISEM) which over the course of 2022 was also a net exporter of electricity to Great Britain with a combined 888 GWh of electricity net exports via EWIC and the Moyle Interconnector in Northern Ireland.
The Programme for Government was ratified by the members of the three parties involved in the formation of the current government in June 2020. This programme contained the commitment to end the issuing of new licences for the exploration and extraction of gas on the same basis as the decision taken in 2019 by the previous Government in relation to oil exploration and extraction.
As outlined in the Policy Statement on Petroleum Exploration and Production published in August 2022, this commitment states that no new authorisations for petroleum exploration will be granted, while applications that are already connected to existing authorisations can continue to apply to progress through the standard licensing lifecycle stages towards a natural conclusion, which may include expiry, relinquishment, production or rejection.
All applications relating to existing authorisations will continue to be assessed against a number of criteria in accordance with Section 9A of the Petroleum and Other Minerals Development Act, 1960, as amended, and Section 3 of the Licensing Terms for Offshore Oil and Gas Exploration, Development and Production. This includes assessment of the technical competence of the applicant and the financial resources available to it in order to undertake the work programme and any other commitments pursuant to the relevant petroleum authorisation.