ARTICLE · 12 FEBRUARY 1999

Deregulation of Electricity Markets

A&L Goodbody

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IrelandEmployment and HR

Ireland must implement the EC Directive 96/62 concerning common rules for the internal market in electricity by 19th February 2000.

The Department of Public Enterprise has very helpfully issued a 205-page consultative document on the proposed implementation in Ireland. A submission on the document was made to the department by A & L Goodbody.

The key features of the proposed new arrangements include the establishment of a new independent regulatory authority for the electricity sector; the separation of the ESB's transmission system from the generation and sales sides of its business; the licensing of a distribution system within the ESB; the establishment of a licensed Public Electricity Supplier within the ESB; and various new licensing arrangements for stations, suppliers and others.

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