Oireachtas Joint and Select Committees
Tuesday, 18 April 2023
Joint Oireachtas Committee on Climate Action
Pre-Legislative Scrutiny of the General Scheme of the Energy (Windfall Gains in the Energy Sector) Bill 2023
Mr. Evan Walker:
Where we stand relative to other countries would obviously inform the level we choose. Do we go with €90 or do we go with €120? There are a couple in between. The UK just announced its new electricity generation levy in January. The UK is at £75 pounds per MWh but it is a 45% rate above that. That is the context of where we are. We are in the lower end of caps relative to the other member states. Most of them are at €180 and some of them are below that.
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