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Ireland · Law · Public

2023/30

Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Act 2023

enactedIreland· Dáil Éireann· EN

Introduced

31 August 2023

Last action

17 November 2023 · Enacted

Status

Enacted

Sponsors

Minister for Environment, Climate and Communications

Subjects

Energy

Source updated

30 August 2024

Energy

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.

Timeline

  1. 31 August 2023

    Published

    Source: Dáil Éireann

  2. 31 August 2023

    First Stage

    Source: Dáil Éireann

  3. 31 August 2023

    Second Stage

    Source: Dáil Éireann

  4. 21 September 2023

    Committee Stage

    Source: Dáil Éireann

  5. 18 October 2023

    Report Stage

    Source: Dáil Éireann

  6. 18 October 2023

    Fifth Stage

    Source: Dáil Éireann

  7. 26 October 2023

    Second Stage

    Source: Seanad Éireann

  8. 26 October 2023

    Committee Stage

    Source: Seanad Éireann

  9. 9 November 2023

    Report Stage

    Source: Seanad Éireann

  10. 9 November 2023

    Fifth Stage

    Enacted

    Source: Seanad Éireann

  11. 15 November 2023

    Cream List

    Enacted

    Source: Dáil Éireann

  12. 17 November 2023

    Enacted

  13. 17 November 2023

    Enacted

    Enacted

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

6 official files

Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Act 2023

View fileDownload file

Leesvertaling

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  • Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Act 2023

    pdf · EN · 17 November 2023

    ViewDownloadOpen at official source

  • As passed by both Houses of the Oireachtas

    pdf · EN · 15 November 2023

    ViewDownloadOpen at official source

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  • Glossary/Gluais

    pdf · EN · 21 September 2023

    ViewDownloadOpen at official source

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  • Bill Digest

    pdf · EN · 19 September 2023

    ViewDownloadOpen at official source

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  • Explanatory Memorandum

    pdf · EN · 31 August 2023

    ViewDownloadOpen at official source

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  • As Initiated

    pdf · EN · 31 August 2023

    ViewDownloadOpen at official source

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Sponsors

  • Minister for Environment, Climate and Communications · Minister for Environment, Climate and Communications

Related records

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