The Irish energy sector
is regulated by numerous legal acts, but the procedure on company registration in Ireland
in this field is performed in accordance with the legislation available for other types of business forms
, as prescribed under the regulations of the Commercial Law.
Investors who want to open a company in Ireland
in this industry should know that the total yearly energy consumption
in this country is estimated at 25 billion kWh
. Our team of company formation representatives in Ireland
can offer in-depth assistance on the special regulations that should be completed by energy businesses
Energy regulator in Ireland
The main institution which regulates the electricity and natural gas markets in Ireland is the Commission for Energy Regulation (CER). The institution was founded under the provisions of the Electricity Regulation Act and the Gas Regulation Act and, starting with 2003, CER also deals with the public water system in Ireland.
The main functions of the institution is to represent both the interests of the customers and companies, as well as to establish competition conditions on these markets.
Businessmen who are interested in starting the procedure of company formation in Ireland
in the energy sector
will be required to obtain special permits and licenses
for their activities, which will be issued by CER
Energy Act in Ireland
Companies operating in Ireland
in the field of energy
are required to follow the regulations of the Energy Act
, the main legal framework for the energy sector
. The Energy Act
is enforced in Ireland
and the issuance of business permits
is performed in accordance with the stipulations of Part 4 (15) of the Act
The document provides regulations on the manner in which the energy supply has to be sold within the country’s borders, but it also includes regulations prescribed by the European Union (EU), referring to the cross-border exchange of energy.