Dáil debates
Tuesday, 22 June 2010
Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages
5:00 am
Eamon Ryan (Dublin South, Green Party)
I move amendment No. 9:
In page 5, between lines 47 and 48, to insert the following:
"(6) (a) This subsection applies to a generating station in respect of which the following conditions are complied with (in this Part referred to as a 'qualifying generating station')—
(i) the generating station is the subject of an order under section 39, and
(ii) the electricity generator who is the operator of the generating station concerned is a counterparty to a CADA.
(b) For the purposes of the construction of 'E' in the formula in subsection (1), the total of the emissions, during the levy period concerned, calculated in accordance with the formula for the calculation of emissions set out in Schedule 4 to the Regulations of 2004, shall, in the case of a qualifying generating station, include only such portion of the emissions as is attributable to the quantity of electricity produced by the qualifying generating station—
(i) in respect of which revenues are received during that levy period by the electricity generator concerned through participation in the Single Electricity Market, and
(ii) in respect of which the electricity generator does not receive payments from the Board in accordance with the CADA.".
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