Energy Policy
Dail Éireann — 2023-06-15
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Eamon Ryan (GP), Dublin Bay South

When this was originally established by decisions in Europe and by our own Government, gas market prices were at a level at which we might have expected much larger revenues. As the Deputy said, since then and in the first six months of this year, the price of gas on the wholesale market has fallen dramatically. That will see a much lower level of revenue from what was always designed as a mechanism to tap profits deriving from higher gas prices. When those prices fall, by definition, the revenue we might expect also falls.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2023-06-15/debate/main
Retrieved: 2026-08-14T04:52:01+00:00
Sitting date: 2023-06-15