The Commission for Energy Regulation scrapped its plan for tariffs on certain companies in the face of outside pressure
Ibec, the business lobby group, warned the government that a “hefty” state aid package for big businesses would be needed to offset the energy regulator’s plan to impose €100 million in emergency tariffs on large energy-using companies last winter.
In correspondence with the Department of Enterprise last September about the proposals, which had been tabled by the Commission for Regulation of Utilities , Ibec said Ireland’s regulatory regime for large energy-using companies had “serious shortcomings”.
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