The Petroleum Oils (Regulation or Control of Acquisition, Supply, Distribution or Marketing) (Continuance) Orders made provision requiring a certain percentage of purchase to be made from the state-owned Whitegate refinery. Irish National Petroleum Corporation The Irish National Petroleum Corporation Limited Act 2001 provided for the sale of shares in the company to facilitate its privatisation. […]
Category: Regulation
Electricity Regulation
The Electricity Regulation Act 1999 implemented Directive No. 96/92/EC. It provided for the Commission for Electricity Regulations (now the Commission for Regulation of Utilities) which would have powers to grant licences for the supply of electricity and for construction of generating stations. It provided for access to the transmission and distribution systems by holders of […]
Electricity Market
The Electricity (Supply) (Amendment) Act 1988 facilitated the ESB in participating in joint ventures and other arrangements. Consultation with the Minister was required. It was empowered to sell products and substances and engage in manufacturing. The ESB’s exemption from rates was removed. Electricity (Supply) (Amendment) Act 2004increase the statutory borrowing limits for the ESB to […]
Energy Markets
Market in Energy The directive on the internal market in electricity establishes common rules for the generation, transmission, and distribution of electricity. It sets rules relating to the organization and functioning of the electricity sector, access to the market, criteria and procedures applicable to calls for tenders, and the granting of authorizations for the operation […]
All-Ireland Energy Market
Single Energy Market The All-Ireland single electricity market is the wholesale electricity market for the island of Ireland. It is regulated jointly by the Commission for Regulation of Utilities in the Republic of Ireland and the Utilities Regulator in Northern Ireland The single energy market was the first of its kind and commenced on 1 […]
Gas Market [EU]
Harmonised Market The European Union has made directives with a view to harmonizing the internal markets for natural gas, electricity, and equivalent utilities. The purpose of the legislation is to provide for the opening up of the markets to competition. The Directive on the gas market is designed to complete the opening of the national […]