2023/30
Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Act 2023
Introduced
31 August 2023
Last action
—
Status
Enacted
Sponsors
—
Subjects
Discovery layer
Source updated
30 August 2024
Official titles
Authentic titles published by the source. The stored canonical title is not replaced.
1 official language
Irish
An tAcht Fuinnimh (Gnóchain Amhantair san Earnáil Fuinnimh) (Uasteorainn le hIoncaim Mhargaidh), 2023
Summary
Act to give full effect to Articles 6, 7, 8 and 10 of Council Regulation (EU) 2022/1854 of 6 October 2022 on an emergency intervention to address high energy prices and for that purpose to make provision for a cap, that is to say the market cap to apply to market revenues from the sale of electricity produced from certain sources for the period beginning on 1 December 2022 and ending on 30 June 2023; to provide for the payment of revenues of producers, intermediaries and traders in excess of the market cap to the collection agent; to provide for the calculation of the amounts payable; to provide for the obligations of producers, intermediaries and traders relating to the market cap and enforcement of certain obligations; to provide for the administration and collection of the amounts payable; to provide for a collection agent; to provide for the establishment and management of a market cap fund; to provide for the making of schemes for disbursement from the market cap fund in accordance with Article 10 of the Council Regulation; and to provide for related matters.
This text is taken from the official record. PoliticalRepo does not editorialize.
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Versions
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Documents
6 official files
Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Act 2023
Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Act 2023
pdf · EN · 17 November 2023
As passed by both Houses of the Oireachtas
pdf · EN · 15 November 2023
Glossary/Gluais
pdf · EN · 21 September 2023
Bill Digest
pdf · EN · 19 September 2023
Explanatory Memorandum
pdf · EN · 31 August 2023
As Initiated
pdf · EN · 31 August 2023
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.oireachtas.ie/en/bills/bill/2023/65/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/bill/2023/65