Results 6,081-6,100 of 31,374 for speaker:Eamon Ryan

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: Or where it is in a PSO based system, yes.

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I will give further detail on Deputy Coveney's amendment, although we have discussed this issue on Committee Stage also. Tynagh and Aughinish Alumina are the only plants that would have such CADA agreements. Deputy Coveney was an Opposition spokesperson when Tynagh and Aughinish Alumina got those agreements. There was a shortage of electricity at the time. We were very close to being...

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: That will largely depend on the price of gas. With 60% of electricity generated by gas, its price very much determines electricity prices. The regulator and the generators will be looking at the price of gas. The PSO has two effects. The PSO on peat-fuelled plants was based on security supplies and an unemployment argument for the midlands concerning the operation of Bord na Móna plants...

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: No. I said the component-----

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I agree with the point about transparency. I recall from my recent electricity bill that the PSO element was clearly shown. We are upfront with the public that this cost is in place, particularly concerning peat-fired power stations. In recent years, the wind public service obligation was nil. It subsidised the peat-fired stations such that it is only now triggering since prices have come...

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I move amendment No. 3: In page 4, between lines 19 and 20, to insert the following: " 'qualifying generating station' has the meaning given to it by section 40D;".

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: Having considered the matter, I do not propose to accept the amendment. The levy has been constructed with a need to confirm with existing legislation constrains foremost in mind. My Department has received legal advice on the legislation from the Office of the Attorney General. We are confident that the levy in its current form is compatible with European law on emissions trading...

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I move amendment No. 6: In page 5, lines 20 and 21, to delete "Schedule 4 of the Regulations of 2004" and substitute "Schedule 4 to the Regulations of 2004". I propose to take amendments Nos. 6 and 13 together by agreement. These are technical amendments, simply changing the "schedule of" the regulations of 2004 to the "schedule to" the regulations of 2004.

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I move amendment No. 7: In page 5, to delete lines 44 to 47 and substitute the following: "(5) Save in accordance with subsection (6), no carbon revenue levy is payable by an electricity generator in respect of a generating station which is the subject of an order under section 39.".

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: 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...

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I propose to deal with amendments Nos. 10 and 11, which I do not propose to accept. I made it clear on Committee Stage that while I had some sympathy in regard to the arguments being put forward on behalf of Endesa, the carbon revenue levy is being applied to all electricity generators earning windfall gains equally. We are doing this by levying all windfall gains earned through...

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I remember talking to the investors at that time and I committed to maintaining a proper regulated market which would not treat one operator differently from another. In the long run, that is a much better investment environment. While certain decisions of the regulatory authority may be difficult, it is better to apply them across the board in order that there is not fear or favour in...

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I tried to make the point on several occasions on Committee Stage that we are not looking at a windfall levy on the allowances but rather on what passes through via the SEM decisions. It is market-related in regard to SEM transactions which, as the Deputy said, are very low in this instance because of where the stations are in the order of merit means they are not in action on a regular...

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I move amendment No. 13: In page 7, line 18, to delete "Schedule 4 of the Regulations of 2004" and substitute "Schedule 4 to the Regulations of 2004".

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I move amendment No. 14: In page 7, lines 20 to 26, to delete all words from and including "and" in line 20 down to and including "paragraph (a)." in line 26 and substitute the following: "(b) in the case of a qualifying generating station, information relating to such portion of the total of the emissions referred to in paragraph (a) as is attributable to the quantity of electricity produced...

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I move amendment No. 15: In page 7, to delete lines 35 to 38 and substitute the following: "(c) the information to be contained in returns relating to the verification of— (i) the calculation of the total of the emissions referred to in subsection (1) (a), and (ii) in the case of a qualifying generating station, the portion of the total of the emissions as referred to in subsection (1)(b);".

Electricity Regulation (Amendment) (Carbon Revenue Levy) Bill 2010: Report and Final Stages (22 Jun 2010)

Eamon Ryan: I will be brief because we have gone through much of the detail of the Bill on Report Stage. I thank the Deputies for its swift passage through this House. I will bring it to the Seanad for consideration as quickly as possible because we want it implemented to help in the important task of keeping our energy price competitive. I very much thank my officials because this is detailed and...

Written Answers — Energy Conservation: Energy Conservation (22 Jun 2010)

Eamon Ryan: I propose to take Question Nos. 425 and 426 together. The Home Energy Saving scheme (HES), which is administered by the Sustainable Energy Authority of Ireland (SEAI), has a capital budget allocation of €24.3 million this year. In addition, a further €46 million has been allocated to a national retrofit programme, with a substantial portion assigned to HES. Expenditure of €34.7...

Written Answers — Telecommunications Services: Telecommunications Services (22 Jun 2010)

Eamon Ryan: Prior to the commencement of the National Broadband Scheme (NBS) a detailed mapping exercise was carried out to help determine those areas that would be included in the scheme and those which, by virtue of being already substantially served by existing broadband suppliers, could not be included. EU State aid and competition rules govern how states can intervene in areas where there are...

Written Answers — Energy Conservation: Energy Conservation (22 Jun 2010)

Eamon Ryan: The Sustainable Energy Authority of Ireland (SEAI) is responsible for the administration of the Warmer Homes Scheme (WHS). A dedicated WHS hot line - 1800 250 204 – has been in operation for some time and all queries, from scheme applicants and public representatives, on delivery dates for individual households and/or funding agreements are dealt with immediately. In addition, the WHS...