Oireachtas Joint and Select Committees
Tuesday, 15 February 2022
Joint Oireachtas Committee on Climate Action
Commission for Regulation of Utilities Strategic Plan: Discussion
Lynn Boylan (Sinn Fein)
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Sorry, I may not have been clear in my question. What is the exposure to the State, in the context of the provisions of the Energy Charter Treaty, if the expected revenue of those gas suppliers diminishes? Under the Energy Charter Treaty, their profits and future profits are banked into the treaty. If there is a change in the policy framework that affects their future profits, the State is exposed under the provisions of the treaty. The Minister said it was the responsibility of the CRU to do that risk assessment.