Irish households are in for “two tough winters” as a result of the energy crisis the Oireachtas committee on European Union Affairs has heard.
Cillian O’Donoghue, director of policy at Eurelectric which is the European electricity association and Paul Deane, SFI Research Centre for Energy, addressed TDs and senators today.
Mr O’Donoghue said the “root cause” of the energy crisis is “a shortage of gas in the system” which has seen prices ‘explode’ because of market manipulation and geopolitics.