Dáil debates

Wednesday, 18 October 2023

Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Bill 2023: Report and Final Stages

 

7:50 pm

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

I support this amendment. It is consistent with the practice in many parts of Europe. My office examined the powers of the regulator and reporting practices in Britain, France and Germany. It is quite common for the average prices of natural gas and electricity and the average margins of natural gas and electricity suppliers to be published monthly. Similarly, annual reports on the compliance of electricity and gas transmission and distribution operators with agreed codes of conduct are regularly published in the interest of transparency. To give people confidence, this is an important measure and the Minister of State should accept it.

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