ESB’s power plant in Aghada, Co Cork was one of its three plants that earned profits of €2.3 million on July 15th and €4 million on September 9th. Photograph: David Creedon/Anzenbergerfollowing complaints from rivals about the State energy company. The Commission for Regulation of Utilities , the agency that oversees the Republic’s electricity industry, confirmed this week it has received “a number of complaints about a market participant”, which regulatory authorities are investigating.
The commission is not naming any of the parties, it will only identify a business if it finds violations of market or competition rules and penalises that company. However, the subject is known to be ESB, which has been drawing fire since last year.