The Energy (Miscellaneous Provisions) Act 1995 created the framework for third party access to the Bord G\u00e1is Network.\u00a0 They applied at first to large customers and persons who wish to source from \u00a0alternative suppliers.<\/p>\n
All gas fired power generators and final consumers using more than 25 million m3<\/sup> per annum were eligible as of 2000.\u00a0 This was effectively 50 percent of the market in volume terms.<\/p>\n The Gas (Interim Regulation) Act 2000 increased the gas market by opening by a further 10 percent by reducing the eligibility thresholds to 2 million2<\/sup> cubic meters per annum.\u00a0 This increased the number of eligible customers to about 100 large customer.\u00a0 This was further reduced to 500,000 cubic meters in 2003 \u00a0increasing up to 250 larger customers and 74 percent of market in volume.<\/p>\n The European Communities (Internal Market in Natural Gas) (Compulsory Acquisition) Regulations 2001 allow for application for consent to construct the gas pipeline and for grant of compulsory acquisition powers in relation to it.<\/p>\n The Gas (Interim) (Regulation) Act 2002 established the Commission for Energy Regulation (now the Commission for Regulation of Utilities) incorporating the Commission for Electricity Regulation The Act provided for regulation of the domestic gas market. The regulatory functions of the Minister for Communications Marina natural resources were transmitted to the newly constituted an expanded commission.<\/p>\n The regulatory mechanism was similar to that in respect of electricity under the Electricity Regulation Act 1999. The monopoly position of BGE was modified progressively in the same way as that applicable to ESB.<\/p>\n The Commission for Energy Regulation commenced in 2002 and changed the environment radically in which Bord G\u00e1is and the ESB operate.\u00a0 Bord G\u00e1is commenced a strategy of being a dual energy provider of both electricity and gas on an all-Ireland basis.<\/p>\n On 1st<\/sup> July 2004 the gas market was opened to all industrial and commercial customers. They became eligible to switch their natural gas supplier.\u00a0 The eligible customers increased to 17,000.\u00a0 Full domestic opening of the market took place from 1st<\/sup> July 2007.<\/p>\n In 2006 Marathon Oil received the first commercial gas storage license.\u00a0 It commenced operation of a physical gas storage facility using the South-western Kinsale gas field.\u00a0 This provides 70 million m3<\/sup> of gas allowing gas shippers to stock gas during the low Summer demand period and withdraw it during the additional winter higher supply\/demand period.<\/p>\n Shannon LNG received planning permission to develop a \u20ac500 million liquefied natural gas receiving terminal on Shannon Estuary in 2008.\u00a0 The project was completed in 2012.\u00a0 The facility allows importation of natural gas in liquid form by ship followed by storage and regasification. The site has a capacity of 3 million tons per annum with \u00a0400 m3<\/sup> a day; up to 40 percent of gas requirements for electricity generation and domestic supply.<\/p>\n In 2009 the CER consented to Shannon LNG constructing a gas pipeline to connect the proposed terminal to the gas transmission network at Foynes.<\/p>\n Gaslink was established in 2007 to comply with the requirements under the EU gas directive 2003.\u00a0 It is an independent system operator responsible for developing and maintaining the natural gas transportation network.\u00a0 Its function is to secure reliable, efficient, and economic transmission and distribution systems subject to economic conditions and with due regard to protection of the environment.<\/p>\n Gaslink must make the network available on a non-discriminatory basis.\u00a0 It is also responsible for planning and developing the gas network.\u00a0 It prepares a seven year plan with five-year price controls.<\/p>\n Bord G\u00e1is remains the system owner and manages and supplies the distribution of gas directly to customers on behalf of Gaslink.<\/p>\n Bord G\u00e1is Networks owns and develops the natural gas transmission and distribution network.\u00a0 This includes gas transportation to service suppliers and shippers including Bord G\u00e1is Energy. There are now over 13,000 kilometres of gas pipelines including the two connectors to Scotland from which Ireland now obtains all of it percent of supplies.\u00a0Bord G\u00e1is Networks is responsible for new gas connection and work on service pipes and meters at customers\u2019 premises.<\/p>\n Bord G\u00e1is Energy is the dual fuel all Ireland business with approximately 1 million gas and electricity consumers on the island.\u00a0 It is the retail arm of Bord G\u00e1is.\u00a0 It sells gas and electricity to all markets.<\/p>\n Bord G\u00e1is Trading is responsible for procurement of gas and electricity, risk management and hedging strategies.<\/p>\n Bord G\u00e1is Assets pursues and develops he growth opportunities in assets in the energy market.\u00a0 It recently constructed a 445 megawatt gas powered plant and is operating 218 megawatts of wind generation.\u00a0 A further 585 megawatts of wind generation was \u00a0developed witha further investment of 300 megawatts in renewable energy plants.<\/p>\n REMIT Regulation 1227\/2011 is designed to prevent market abuse in the wholesale markets in energy products. Energy prices are subject to complex factors involving the interaction of supply and demand which is subject to the possibility of manipulation or anti-competitive behaviour.<\/p>\n In the context of cross-border supply of energy, the Regulation seeks to create transparency and prevent abuse. It applies to wholesale energy products including.<\/p>\n \u2022 contracts for the supply of electricity or natural gas where delivery is in the Union; The European Communities (Internal Market in Natural Gas and Electricity) (Amendment) Regulations 2015 restate the rules for the internal market in gas. They provide for funding rules for the gas and electricity transmission systems. They provide for certification procedures to be applied to transmission system operators. They enhance the independence of the CER (CRU after the 2016 Act).<\/p>\n\n The Energy (Miscellaneous Provisions) Act 1995 created the framework for third party access to the Bord G\u00e1is Network.\u00a0 They applied at first to large customers and persons who wish to source from \u00a0alternative suppliers. All gas fired power generators and final consumers using more than 25 million m3 per annum were eligible as of 2000.\u00a0 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[196],"tags":[],"_links":{"self":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/13431"}],"collection":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/comments?post=13431"}],"version-history":[{"count":9,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/13431\/revisions"}],"predecessor-version":[{"id":18849,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/13431\/revisions\/18849"}],"wp:attachment":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/media?parent=13431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/categories?post=13431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/tags?post=13431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u2022 derivatives relating to electricity or natural gas produced, traded or delivered in the Union;
\n\u2022 contracts relating to the transportation of electricity or natural gas in the Union;
\n\u2022 derivatives relating to the transportation of electricity or natural gas in the Union.
\n\u2022 Contracts for the supply and distribution of electricity or natural gas to final consumers with a capacity of more than 600 GWh per year.<\/p>\n