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Written Answers — Electricity Generation: Electricity Generation (15 Nov 2011)

Pat Rabbitte: I propose to take Questions Nos. 360 and 361 together. ESB Electric Ireland was established in 2010 as ESB's single supply business and comprises the previously separated ESB Independent Energy (ESBIE), Customer Supply and Energy Services. Financial details of the ESB Group, including ESB Electric Ireland, are available in the Annual Report and Accounts of the company which are available on...

Written Answers — Department of Communications, Climate Action and Environment: State Bodies (5 Mar 2019)

Richard Bruton: ESB is a commercial State body with its own Board. Investment projects by ESB and its subsidiaries are an operational matter for ESB.In terms of oversight, my role, as Minister, is to ensure that ESB is compliant with the 2016 Code of Practice for the Governance of State Bodies and the statutory framework underpinning ESB. I have asked ESB to respond directly to the Deputy in relation to...

Written Answers — Inland Fisheries: Inland Fisheries (14 May 2008)

Eamon Ryan: I propose to take Questions Nos. 250 to 252, inclusive, together. I am advised that the ESB controls the fishing rights of the entire River Shannon and the role of maintenance and preservation of the fishery resources is undertaken by ESB Fisheries Conservation, part of the ESB Hydro Group which operates within the ESB Power Generation directorate. I am advised that certain protection...

Written Answers — Department of Education and Skills: Education and Training Boards (22 Sep 2022)

Norma Foley: Education Shared Business Services (ESBS) is a stand-alone section that comes under the remit of the Department of Education. The ESBS has been set up to host some of the Shared Service operations to be provided directly by the Department under its Shared Services Plan. 12 ETBs have now migrated their Payrolls to ESBS with LCETB in line to become the 13th ETB to migrate their Payroll to...

Written Answers — Department of Communications, Energy and Natural Resources: Defined Benefit Pension Schemes (5 Nov 2013)

Pat Rabbitte: In late 2008, the Trustees of the ESB Superannuation Scheme brought forward the tri-annual valuation of the Scheme by one year. That valuation showed an ongoing valuation deficit of €1.9 billion and a Minimum Funding Standard deficit of €1.8 billion. Consequently, the ESB and the ESB Group of Unions formed a working group to assess how best to address the reported deficit and to...

Written Answers — Appointments to State Boards: Appointments to State Boards (8 Nov 2011)

Pat Rabbitte: I wish to inform the Deputy that the information requested is set out in the following table, which outlines all appointment dates for current members of RTE, ESB and BGÉ. Board Member First Appointed Term Reappointed Term-End Date RTE Mr Tom Savage 24/02/2009 2 01/09/2009 31/08/2014 RTE Mr Alan Gilsenan 24/02/2009 2 01/09/2009 31/08/2014 RTE Mr Fergus Armstrong 24/02/2009 2...

Written Answers — Departmental Bodies: Departmental Bodies (19 Feb 2008)

Eamon Ryan: ESB International (ESBI) was established on 28/11/1988 and is a wholly owned subsidiary of the Electricity Supply Board (ESB). ESBI is responsible for the non-regulated businesses in the ESB Group. The company builds, owns and operates power stations, as well as providing a wide range of engineering and consultancy services to client in the power sector worldwide. The company is divided...

Written Answers — Semi-State Bodies: Semi-State Bodies (19 Dec 2007)

Eamon Ryan: I propose to take Questions Nos. 98 and 415 together. Government policy is clear on the retention of the ESB Group as a strong, commercially viable and integrated State-owned entity. The Programme for Government, together with the White Paper on Delivering a Sustainable Energy Future for Ireland, explicitly confirms the Government's position that the electricity network, as a strategic...

Written Answers — Department of Communications, Climate Action and Environment: Fisheries Protection (19 Jan 2022)

Eamon Ryan: This is an operational matter for the ESB and I have asked the ESB to respond directly to the Deputy on the matter.I am advised that the 2021 ESB Fisheries Annual Report is currently being progressed. These reports are made available to the public on the ESB website. There is no  legislative requirement on the ESB to undertake this work.

Written Answers — Department of Communications, Energy and Natural Resources: Employee Shareholding Scheme (17 Jul 2013)

Pat Rabbitte: An Employee Share Ownership Plan (ESOP) was put in place in the ESB in 2001. The ESOP was an element of the Cost and Competitiveness Review (CCR) agreed between the Government, ESB Management and ESB Group of Unions in 1996. Under the CCR, 5% of the shares in ESB were made available to employees, without actual cash transfer from the employees in return for specific, substantial,...

Energy Costs. (12 Mar 2009)

Simon Coveney: The Minister of State will know the ESB does not have a majority stake in the industrial-commercial sector. There is free competition and, as is correct, the ESB's market share in this area has fallen because of competition. There is now competition in the domestic electricity supply market. I am concerned about the ESB's future in terms of power generation because the Government, through...

Written Answers — Retail Sector Developments: Retail Sector Developments (23 Mar 2005)

Noel Dempsey: The disposal of retail shops is a matter for the board of the ESB in the first instance. However, the ESB informed me of the outline of the proposed transaction shortly before the meeting on 16 March 2005 at which the board approved, in principle, the sale to Bank of Scotland (Ireland) Limited, BOSI, of its retail outlets. The full details of the proposal are currently under negotiation so,...

Written Answers — Department of Communications, Energy and Natural Resources: Defined Benefit Pension Schemes (5 Nov 2013)

Pat Rabbitte: I propose to take Questions Nos. 633 to 636, inclusive, together. Insofar as the share capital of ESB is concerned, the Minister for Public Expenditure and Reform holds 85% capital stock in the company, the Minister for Communications, Energy and Natural Resources holds 10% and the ESB's current and former employees hold 5% through the Employee Share Ownership Plan. The manner in which the...

Written Answers — Department of Communications, Climate Action and Environment: State Bodies Data (3 Jul 2019)

Richard Bruton: While day to day financial matters relating to the ESB Group, including the amounts invested in electricity distribution and transmission, networks upgrades, extensions, operations or routine maintenance, are primarily a matter for the Board and management of ESB, I have requested ESB to revert to the Deputy directly with the historical information sought, where available. The most up-to-date...

Written Answers — Department of Communications, Energy and Natural Resources: Defined Benefit Pension Schemes (24 Oct 2013)

Pat Rabbitte: In late 2008, the Trustees of the ESB Superannuation Scheme brought forward the Tri-Annual Valuation of the Scheme by one year to assess the financial health of the Scheme. The Actuarial Valuation to 31 December 2008 showed an ongoing valuation deficit of €1.9 billion and a Minimum Funding Standard deficit of €1.8 billion. Consequently, the ESB and the ESB Group of Unions...

Written Answers — Department of Communications, Energy and Natural Resources: ESB Pension Scheme Issues (23 Oct 2013)

Pat Rabbitte: In late 2008, the Trustees of the ESB Superannuation Scheme brought forward the Tri-Annual Valuation of the Scheme by one year to assess the financial health of the Scheme. The Actuarial Valuation to 31 December 2008 showed an ongoing valuation deficit of €1.9 billion and a Minimum Funding Standard deficit of €1.8 billion. As required by the Scheme rules, ESB and the ESB Group...

Written Answers — Department of Communications, Energy and Natural Resources: ESB Accounts (31 May 2016)

Denis Naughten: The number of ESB meters in Dublin County and City is an operational matter for the ESB and ESB Networks in which I have no function. I have contacted the ESB to provide the requested statistics to me and once received they will be forwarded to the Deputy directly.

Written Answers — Electricity Generation: Electricity Generation (5 Jul 2007)

Eamon Ryan: Decisions regarding the future of ESB's electricity generating stations are a matter for the board and management of ESB and not one in which I have a direct function. However, disposal of assets are subject to the Department of Finance code of practice for the governance of state bodies. The code of practice sets out the obligations of the company with regard to asset valuation,...

Written Answers — Electricity Generation: Electricity Generation (8 Jul 2009) See 1 other result from this answer

Eamon Ryan: ...that policy to encourage competition in electricity generation and supply is paying dividends for consumers. The independent suppliers are currently offering discounts of between 10% and 14% on ESB tariffs. These discounts apply even after the 10% reduction to the regulated ESB price announced by the Commission for Energy Regulation (CER) on 1 May. The independent suppliers are also...

Written Answers — Semi-State Bodies: Semi-State Bodies (2 Dec 2008)

Eamon Ryan: As I have stated consistently the Government has no plans to privatise any part of the ESB. Government policy in relation to the ownership of the electricity transmission and distributions networks is clearly set out in the Energy Policy White Paper and reconfirmed in the Programme for Government. It is the Government's explicit position that the transmission and distribution network assets...

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