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Sinn Féin welcomes completion of Derry Power Plant

9 October, 2003

Sinn Féin Spokespersons on Natural Resources and Energy, Martin Ferris TD and former Upper Bann Assembly Member Dr. Dara O'Hagan, have welcomed the completion of phase one of the Coolkeragh power plant in County Derry. The plant is being built by the 26 Counties state-owned Electricity Supply Board and will be operational by 2005. It will be gas powered and it is planned that it will be linked to an all-Ireland grid.

Deputy Ferris and Ms. O‚Hagan said:

"Sinn Féin very much welcomes the ongoing development at Coolkeragh. Not only will it benefit the people and economy of the immediate area, but will be an important part of an all-Ireland energy network in the future. It is vital therefore that progress is made towards completion of a gas grid that will operate on an all island basis.

"However, we would also express concerns over the extent to which such future developments might be left in the hands of private companies, and that this would work against the best interests of the Irish people as a whole. For example, in the 26 Counties, much of the control over actual and potential natural gas deposits has been surrendered to multi-national corporations whose pipe line plans militate against the development of an all Ireland grid. Likewise, privitisation of electricity supply in other countries had been proven to be detrimental to the interests of consumers".ENDS

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