Energy crisis: Are businesses ready to deal with blackouts?

<p>Businesses are worried they’ll be forced to frontload high energy payments to finance temporary electricity generation this winter.&nbsp;</p><br><p>Large energy users will also be the first firms forced to cut their energy demand if the national grid comes under unsustainable pressure.&nbsp;</p><br><p>Cliff Taylor speaks to Ibec’s chief economist, Ger Brady, about the implications for the sector and the economy as a whole, in the event of rolling blackouts.&nbsp;</p><br><p>The Irish Times’ Barry O’Halloran reports on the diverging views of the Commission for the Regulation of Utilities and operator Eirgrid, at yesterday’s Oireachtas Committee on Environment and Climate Action.&nbsp;&nbsp;&nbsp;</p><br><p>We also look at how the CRU proposes to deal with shortages over the coming winter.&nbsp;</p><br><p>Plus, we examine the European Commission’s mooted redesign of the electricity wholesale market, after the EC President announced the commission is working on an “emergency intervention and structural reform.”&nbsp;&nbsp;</p><br><p>The Irish Times’ Fiona Reddan also looks at what domestic measures may be announced in the upcoming budget to ameliorate the situation facing households.&nbsp;&nbsp;&nbsp;</p><p>And we take a look at what tax and spending changes might be made in the areas of housing, social welfare, income tax and once-off payments.&nbsp;</p><br /><hr><p style='color:grey; font-size:0.75em;'> Our GDPR privacy policy was updated on August 8, 2022. Visit <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>