The continued growth of data centres and their growing energy demand is having a significant impact on our electricity grid and the cost of electricity. Data centres are responsible for approximately 20% of Ireland's electricity demand, and the Government's hands-off approach to their expansion is going to increase this share of demand in the coming years. A recent report found that rising electricity demand from data centres is putting upward pressure on electricity costs for households, coming at a time when households are facing rising costs right across the board. According to Eurostat, Ireland has the highest household electricity prices in the European Union and the average household in Ireland is paying around €480 more a year for its electricity when compared to the EU average. It comes then as no surprise that there are over 500,000 households in arrears on their energy bills. In recent weeks, energy companies have once again announced that they are going to be hiking up energy prices further. Earlier this year, Sinn Féin introduced two Bills that would have empowered the energy regulator to hold energy companies to account. We have consistently brought forward proposals to increase the powers of the energy regulator to ensure oversight of hedging practices, protect against price gouging and profiteering, regulate standing charges, and make the PSO levy and network charges fair. These are the tools needed to protect consumers, yet the Government refuses to support this legislation and these proposals when so many households are being hammered by the cost of energy. This is not the first time that the Government has sat on its hands and refused to protect households. In last year's budget, it decided to withdraw the energy credits that many households depended on. It knew the effect this would have, especially on the most vulnerable, but it went ahead with it anyway. We saw this cold approach once again when it came to the recent fuel crisis where the Government had the opportunity to support households, but it decided to dither and delay. When it decided to act, it only delivered half-measures. Now, the Government is telling everybody to wait for next year's budget for support. This is at a time when the Government has unprecedented resources. It is no comfort to the 500,000 households in arrears right now. The only commitment that the Government has been able to give is that it will be increasing the carbon tax on home heating oil in October's budget. Households are struggling now. The Government has the tools available to support them. The Government must use them to ensure households can afford the essentials needed to live, hold energy companies accountable and deliver supports to those who need them most.

Sentiment score: 0.25