Ms Aoife MacEvilly:

The proposal to effectively claw back the windfall profits is directly linked to a requirement for member states to use those revenues to support customers and reduce the impact of high bills. That is tackled in the EU set of proposals or draft regulation and we believe that is the right way to approach it. We also note that the Government has suggested taking a windfall profit and providing that benefit to all customers in Ireland and we would support that. There are other means of tackling the issue that the Deputy has raised which are not necessarily for individual regulators to develop but which the EU has said need to be tackled across the Union on a consistent basis. That is where those measures are being developed.