Competitiveness council warns current strain on utilities meant business demand would soon outstrip supply with ramifications for inward investment
The Vartry Reservoir. “Persistent deficits” in energy and water now represent a serious “reputational risk for Ireland”, the National Competitiveness and Productivity Council has warned. Photograph: Niall Carson/PA Wire
The State’s challenges were being compounded by a rapidly growing population, it said, noting the latest population projections indicate the population could potentially expand by one million by 2040. The forced outrage rate is the proportion of time that a generation unit is expected to be unavailable for electricity production.
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