Written answers

Tuesday, 12 February 2008

Department of Communications, Energy and Natural Resources

Energy Policy

9:00 pm

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael)
Link to this: Individually | In context

Question 641: To ask the Minister for Communications, Energy and Natural Resources if a review of dividend policy for the semi-State energy enterprises was completed in conjunction with the Department of Finance in 2007 as stated in the energy White Paper; if so, when the review was completed and the location where the results can be found; and if not, when such a review is scheduled to be completed. [4470/08]

Photo of Eamon RyanEamon Ryan (Dublin South, Green Party)
Link to this: Individually | In context

The dividend review processes in relation to Bord Gáis Éireann and Bord na Móna plc commenced in 2007 and will be finalised in the coming months. The outcomes will reflect the commitments made in relation to the two companies in the Government's Energy Policy Framework 2007–2020. Preliminary consideration has been given to the review of dividend policy for the ESB. The matter is to be more fully addressed in the broader context of implementation of commitments under the Energy Policy Framework. As the companies involved are commercial bodies operating in an increasingly competitive energy market, the outcomes agreed with the shareholding Departments are commercially sensitive and will not be for public release. However, the amounts of dividends paid by the companies to the Exchequer are available in the companies' published Annual Reports and Accounts.

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael)
Link to this: Individually | In context

Question 642: To ask the Minister for Communications, Energy and Natural Resources if a review and update of the all-island energy market framework was completed in 2007 as stated in the energy White Paper; if so, when it was completed and the location where the results can be seen; and if not, when such a review is scheduled to be completed. [4471/08]

Photo of Eamon RyanEamon Ryan (Dublin South, Green Party)
Link to this: Individually | In context

The All-Island Energy Market Framework is currently being reviewed by a steering group comprised of officials from my Department, the Northern Department of Enterprise, Trade and Investment, the Commission for Energy Regulation and the Northern Ireland Authority for Utility Regulation, in light of the successful launch of the Single Electricity Market on 1st November 2007. I expect to publish the revised Framework document in Autumn this year.

Comments

No comments

Log in or join to post a public comment.