Results 1-4 of 4 for solar power segment:8690256

Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Bill 2023: Second Stage (21 Sep 2023)

Ossian Smyth: ...in this Bill are deemed appropriate to capture the windfall gains while maintaining positive investment signals. We are trying to transform our entire electricity system. We need offshore renewable investment, solar farms and a stable investment environment so that people choose Ireland as a country to come into. We have taken a more punitive approach to companies than most countries,...

Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Bill 2023: Second Stage (21 Sep 2023)

Fergus O'Dowd: ...Deputy in question, who is in Kildare, can name himself later on if he wishes to do so. He is the only other person in this Dáil to have raised the issue. I cannot understand why in the name of God you guys in power - the Ministers and the officials - cannot do something about it. We have been talking a lot about energy companies having to do this or that but what are we doing...

Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Bill 2023: Second Stage (21 Sep 2023)

Darren O'Rourke: ...to a staggering 50% in 2023. Moreover, Irish living standards have already fallen further behind other European countries. This decline is a continuation of a downward trend since Fine Gael came into power almost a decade ago. In fact, we are now in the bottom half of the European league table. How does the Government expect to turn this around if it delays and dodges all the actions...

Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Bill 2023: Second Stage (21 Sep 2023)

Ossian Smyth: ...the State and provide for the redistribution of the collected funds back to consumers. It does this by implementing a cap of €120 per MWh on electricity produced from renewable sources, namely, wind, solar and hydropower. In addition, a variable cap, of at least €180, is applied to coal, oil, peat and biomass fuels. On the basis of economic appraisal conducted by my...