Dáil Éireann Debate, Tuesday - 8 November 2022
100. Deputy Richard Bruton asked the Minister for the Environment, Climate and Communications if he will list the energy efficiency obligated entities for the most recent year for which data is available; the energy savings credits which they earned through delivery of efficiencies; and the proportion in each case which was delivered by buying credits. [54182/22]
View answer101. Deputy Richard Bruton asked the Minister for the Environment, Climate and Communications if he will indicate the extent to which the annual target of energy efficiency obligated entities will increase in 2023 compared to the existing obligation. [54183/22]
View answerI propose to take Questions Nos. 100 and 101 together.
The Energy Efficiency Obligation Scheme (EEOS) places legal requirements on larger energy companies to help energy users save energy. The EEOS has been in place since 2014 and contributes significantly to the delivery of Ireland’s energy saving target under the Energy Efficiency Directive (EED). Between 2014 and 2020, obligated parties supported energy efficiency actions in more than 290,000 dwellings and over 3,000 businesses. These savings represent an offset in CO2 emissions of around 1.2 Mt and recurring financial savings of approximately €240 million per year. No obligated parties bought out a share of their target during that period.
In 2022 the following entities received targets under the EEOS:
- Bord Gais Energy
- Bord na Mona
- Calor Gas
- Coyle Coal
- Electric Ireland
- Energia
- Enprova (a subsidiary of Fuels for Ireland which represents the following obligated parties: Circle K; Valero Energy; Ted Castles Oil Products; Irving Oil; Inver Energy; and Maxol)
- Flogas
- Flogas Enterprise (formerly Naturgy Ltd)
- LCC Group
- PrepayPower
- SSE Airtricity
In 2021, the most recent year for which data is available, obligated parties under the EEOS delivered approximately 406 GWh of energy savings (i.e. 406 million kWh of energy savings). No obligated parties bought out a share of their target.
The EEOS has been redesigned in response to amendments to the Energy Efficiency Directive and climate priorities and was informed by an extensive public consultation and a detailed economic analysis. The new scheme will be introduced in January 2023.
In 2022 EEOS energy saving targets were issued to obligated parties, totalling approximately 398 GWh (i.e. 398 million kWh) of energy savings. It is anticipated that the target for 2023 will be approximately 644 GWh of energy savings.
