Department opposed regulator's plan to put tariff on big energy companies

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France Dernières Nouvelles,France Actualités

The Department of Enterprise said the charge on large energy producers would “undermine” Ireland’s investment reputation.

The Department of Enterprise told the state’s energy regulator that now-scrapped plans to introduce €100 million in emergency tariffs on large energy users would “undermine” Ireland’s reputation as a fair regulatory environment for investment.

The department also told the Commission for Regulation of Utilities its proposals to reduce electricity demand represented a “punitive approach” to companies, and suggested the body had not considered the impact of such measures on businesses.

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France Dernières Nouvelles, France Actualités