Dáil debates

Thursday, 15 June 2023

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Energy Policy

11:00 am

Photo of Darren O'RourkeDarren O'Rourke (Meath East, Sinn Fein) | Oireachtas source

I specifically asked about 2022 revenues. The Minister will know about this point because I have raised it with him before. The cap on market revenues, which is the important piece in the Irish context given our energy landscape, only applies from 1 December 2022. The Minister will know that other countries have taken specific measures that go beyond the scope of the EU regulation. I give the examples of France, Belgium and Austria. The Minister will also know that the height of the profits and the height of the costs of gas on the international markets occurred between April and August and that the EU regulation does not capture that period. Is the Minister or the Government going to include a proposal in the finance Bill to tackle those supernormal and excess profits in the way that France, Belgium and Austria have done? I presume other countries will follow suit.

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