No deregulation of market as Bord Gáis too dominant

The Irish gas market cannot be deregulated yet as Bord Gáis is still in too dominant a position for the Commission for Energy Regulation (CER) to approve deregulation.

In a report published, the CER stated that unless Bord Gáis were to change its name and rebrand the company, it will have to reduce its dominance in the gas market before deregulation can take place.

“The CER has concluded that at this point in time, the criteria for deregulation have not all been met to allow for the immediate deregulation of the domestic gas market. While a number of criteria have been met, the 55% market share criteria for deregulation has not been reached. This is the lower of the two thresholds and applies where Bord Gáis Energy does not rebrand,” the report stated.