Seanad debates
Thursday, 9 November 2023
Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Bill 2023: Committee and Remaining Stages
9:30 am
Ossian Smyth (Dún Laoghaire, Green Party) | Oireachtas source
The amendments in this group are minor technical amendments which have been identified to provide greater clarity and reduce uncertainty for stakeholders and for affected parties. Amendments Nos. 1, 3 and 15 result in moving the definition of "affiliated person" from section 14 of the Bill to section 1.
There is also additional text provided, which results in a more comprehensive definition and provides greater clarity.
Amendment No. 2 is a clarification that export only suppliers are a particular case of generator and not all de minimisunits fit within that definition. It also makes the distinction that they are not an intermediary or a trader. The amendment will reduce confusion for stakeholders.
Amendment No. 9 provides a more appropriate unit of measure and provides greater clarity to companies that would be providing data on their activities in return.
Amendment No. 17 will improve clarity for the competent authority and reduce time and resources, processing returns.
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