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. Kevin Hagan:

I thank Senator Boylan. We will be procuring expert consultancy support on this to help us review all the self-declarations, and we will have the support of EirGrid, the single electricity market operator, SEMO, in checking the accuracy of the market-related data that will be sent on to us, which are their quantities and their market revenues and how they compare with the capped revenues. We are confident we have the resources to administer the market revenue cap.