The interconnector has been running at only half capacity since its most recent break down.
The 10-year-old Moyle electricity interconnector ensures cheaper electricity and security of supply between NI and Great Britain.
The interconnector would supply electricity generated by renewable projects on the Western Isles to the Scottish mainland.
Traditionally, sales have covered the interconnector's operating costs, but that has changed since the cable started to malfunction.
The SDLP's Alasdair McDonnell referred to the interconnector as a 'fiasco' believing it has been flawed from the beginning.
They are causing the interconnector to run at half its usual 500mw capacity.
BBC: Moyle electricity interconnector repairs could cost ?60m
They have recommended further research into the potential impact of the planned interconnector.
The DUP's William Irwin asked about the progress of the North-South electricity interconnector.
The repairs were carried out on Moyle Interconnector, owned by Mutual Energy.
Scottish Hydro-Electric Transmission Limited (SHETL), a subsidiary of Scottish and Southern Energy (SSE), put plans for the interconnector on hold last year.
When both cables are operational, the interconnector can carry 450 MW of power which is the equivalent generation of a small power station.
That means the interconnector can only operate at half its capability.
He said under the terms of the deal, customers pay extra to support the company's finances if it does not make enough commercial income from the interconnector.
Dominic Bradley of the SDLP said that the proposed telecommunications network would bypass Newry and that businesses and communities were dissatisfied that a "point of presence", or a direct link to the interconnector, would not be established in the area.
If SOCAR acquires the Greek company, expect the breaks to be put on any TAP ambitions, particularly as it would be very easy to resurrect the ITGI (Interconnector Turkey-Greece-Italy) pipeline plans, previously spearheaded by DEPA. Far more importantly, Azerbaijan also knows that for the Nabucco consortium to stand any chance of winning, it needs fresh funding in place, and the strategic involvement of a Shah Deniz II player.
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