The Energy Regulator has agreed to meet with the promoters of the Mayo Power plant in Killala next week, amid concerns about the financial viability of the new power station.
This follows an appearance by representatives from the energy regulator before the Joint Oireachtas Committee on Communications, Climate Action & the Environment yesterday evening, to discuss their decision to issue a certificate of efficiency with an 18% approval rate for the Killala power plant - compared to a 100% rate issued in 2012.
There are concerns that this could put the future of the combined heat and power plant in question, as the 18% rate changes the viability of the project.
Mayo FG Senator Michelle Mulherin has asked why the energy regulator changed its rating, when the other agencies involved - including the EPA, ESB Networks and Mayo County Council - renewed the consents given for the original project in 2012.
She says the promoters have already spent almost €100 million euro on the Killala plant, and it's vital that the Energy Regulator works with the promoters to get this project over the line.