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Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: I have received no apologies other than from the Chair, Deputy Leddin, who asked me to substitute in his place in lieu of the Vice Chair, who is also unavailable. I hope that is acceptable to members. The purpose of this morning's meeting is to have a discussion on the large energy users rebalancing subvention. On behalf of the committee, I welcome from the Department of the Environment,...

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: I thank the Minister of State, Deputy Smyth, and call on Mr. Gannon to make his opening statement.

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: I thank Mr. Gannon and call on Mr. Tarrant to make his opening statement.

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: I thank Mr. Tarrant. As agreed, each member will have five minutes for questions. I will ask a couple of clarifying questions that perhaps might be helpful to members in their questioning. First, am I correct that Mr. Tarrant mentioned the figure was approximately €54 for the consumer base and €108 million in total?

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: Sorry, it was €100.86 million. One is being paid back in a year and the other is being paid back over three years. To the best of Mr. Tarrant's knowledge, has there been any indication of legal issues with any of the LEUs regarding that repayment?

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: Okay. Has ESB Networks done an analysis from a legal perspective as to whether that might arise?

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: Have any LEUs gone out of business or left the country since? Are there individuals or LEUs who might not be present in the State but who might have a form of liability?

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: Okay. I thank Mr. Tarrant for that.

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: I would like to give a little bit of time to the Senator's very important second question directed at the CRU. I will allow Mr. Gannon 30 seconds to answer and the Senator can revisit the matter in the second round.

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: We will come back to this. To be fair to the Senator, I wanted to allow Mr. Gannon an opportunity to come back on that. I will go to Deputy Bruton-----

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: It is, and that is why I gave extra time. I will go to Deputy Bruton.

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: The Senator's time has expired. Mr. Gannon can revisit it in later answers.

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: To whom is that question addressed, Deputy?

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: The Minister of State has the discretion to answer that question.

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: Before Deputy Whitmore commences, I should say that we have approximately 16 minutes remaining and I know Deputy Bruton and Senator Boylan have follow-up questions to ask from the first round. I will do my best to accommodate another question from other members.

Joint Oireachtas Committee on Climate Action: Large Energy Users Rebalancing Subvention: Discussion (23 Jan 2024)

Alan Farrell: The question has been asked and we will allow Ms MacEvilly to answer.

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