Context The Energy (Windfall Gains in the Energy Sector)(Cap on Market Revenues) Act 2023 implements part of Council Regulation (EU) 2022/1854 of 6 October 2022 on an emergency intervention to address high energy prices, in particular that which requires a cap on market revenues of specific electricity generators. The Council Regulation also provides for a Temporary Solidarity Contribution based on the revenues from fossil fuel […]
Introduction EirGrid, Electricity and Turf (Amendment) Act 2022 is designed to enable EirGrid to take certain emergency measures, including acquiring electricity generation plant and entering into agreements with electricity generators in relation to electricity generation plant, for the purpose of ensuring and protecting security of supply, pursuant to a direction of the Commission for the Regulation of Utilities (CRU). For that purpose, the Act provides […]
Introduction This Act is to provide for emergency measures for electricity generation development to ameliorate and protect security of supply of electricity in the State because exceptional circumstances have arisen in the market for that supply and further because of the situation in Ukraine. The Act will allow for the disapplication of the Planning and Development Act 2000 for the purpose of such development. It […]
EPA (Emergency Electricity Generation) 2023 This Act is to provide for an application process and public consultation in relation to licence applications to the Environmental Protection Agency from designated developments under the Development (Emergency Electricity Generation) Act 2022. The Act amends the Environmental Protection Agency Act 1992 to enable the Minister for the Environment, Climate and Communications to provide for arrangements for an alternative assessment […]
TBESS The TBESS is a support available for businesses that carry on a trade or profession chargeable to tax under Case I or II of Schedule D, including self-employed individuals, companies and partnerships. Charities and sporting bodies that carry on certain activities which would be chargeable to tax under Case I or II of Schedule D but for an available exemption are also included in […]
March 2020 Emergency On 27 March 2020, the Emergency Measures in the Public Interest (COVID-19) Act 2020 became law. The introduction of a Temporary Wage Subsidy Scheme to maintain business, jobs and incomes until normal business resumes. Amendments to the Residential Tenancies Act 2004-2019 to prevent the termination of residential tenancies and rent increases for the duration of the crisis. Amendments to the Redundancy Payments […]
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. The European Communities (Minimum Stocks Of Petroleum Oils) Regulations 1995 […]