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Statutory Instruments No. 131 of 2014 on EU Energy Efficiency Obligation Scheme

Ireland Current 2014

It aims to assist in the delivery of Ireland’s legal obligation to achieve new savings each year of 1.5% of the annual energy sales to final customers of all energy distributors and retails energy sales companies by volume (till 2020).

Issuer name

Ministry for Communications Energy and Natural Resources

Government ministry

Ministry of minning and Energy

More information

There is a recommendation on publishing voluntary agreements by energy suppliers stating: "A voluntary agreement shall clearly state—(a) the energy saving objectives of the agreement, quantified and with appropriate indications of timescale for achievement, (b) the energy efficiency improvement measures the party or parties to the agreement will implement to achieve the objectives of the agreement, (c) its monitoring, measuring and reporting procedures.(3) A voluntary agreement shall be submitted by the energy supplier concerned to the Minister for approval.

Organizations covered by the instrument

All Companies

Target organization notes

with exemption

Industry scope

Energy supply

Industry scope notes

Energy distributors, distribution system operators, retail energy sales companies

ESG coverage - E (Environment)

Energy

Status

Current

Country

Ireland

Region

Europe

Date of publication

2014

Issuer type

Governments (governmental department, agency)

Reporting requirements

Public law and regulation

Mandatory or voluntary

Mandatory

The geographical scope

International/regional (EU)

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