Northern Ireland's Public Accounts Committee warns that delays and policy uncertainty may cause it to miss 2030 energy targets and lose investment to other markets.
01Summary
- 01The PAC report follows an inquiry into the Department for the Economy's delivery of Stormont's net zero strategy.
- 02The strategy aims for net zero emissions by 2050 and at least 80% renewable electricity by 2030.
- 03Committee chair Daniel McCrossan said uncertainty is causing investment to divert to Great Britain, Ireland, and other European markets.
- 04Almost £124m of public money has been spent on energy programmes since 2020.
- 05The report makes 11 recommendations, including an updated Energy Policy Statement and funded plans for grid and storage constraints.
02Why it matters
Delays risk Northern Ireland missing its 2030 clean energy goals, which would undermine efforts to cut emissions, create jobs, and strengthen energy security, while allowing rivals to capture green investment.
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