Government approved and published the 'Energy Security in Ireland to 2030' report last November which concludes that Ireland’s future energy will be secure by moving from a fossil fuel-based energy system to an electricity-led system, maximising our renewable energy potential, flexibility and being integrated into Europe’s energy systems. With regard to gas, the report determines that as a transitional measure, we will examine the introduction of a Strategic Gas Emergency Reserve to address security needs in the medium-term, to be used only if a disruption to gas supplies occurs.
As a final part of the review of Ireland’s energy security, my Department, in consultation with Gas Networks Ireland (GNI) will complete a detailed examination of the optimal approach to deliver the strategic emergency gas reserve.
This work is continuing as a matter of priority, with detailed analysis being undertaken on the optimal approach unlikely before the summer recess.