#Energy Prices

#Energy Prices

All the news, views and analysis published by the Irish Examiner on the issue of local and international energy prices and supply chains.

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>Storm Darragh led to an increase in wind power generation reducing the need for gas. </p>

companies

European gas prices slip amid forecast for mild, windy weather

Benchmark futures dropped as much as 2.6% to the lowest level in more than two weeks

<p>Concerns have been raised about staff working from home who can access confidential data — and security sources say there is a particular risk that friends or family of those workers could have ready access to such information. Stock picture: Joe Giddens/PA</p>

news

Cork woman suspected of accessing thousands of accounts in fraud investigation

<p>Energy deprivation, or not being able to meet your basic energy needs, disproportionately affects renters, many of whom live in older, poorly insulated properties with higher energy costs. File picture: iStock</p>

comment-analysis

Party manifestos leave renters — 20% of households — out of energy efficiency schemes

Social Welfare office

news

Here's when the Christmas bonus and other social welfare payments will be paid

Corrib gas field firm challenging EU windfall energy tax pays €687m dividends in two years

companies

Corrib gas field firm challenging EU windfall energy tax pays €687m dividends in two years

Rear view of a family watching TV on sofa at home.

comment-analysis

Election 2024: Caitríona Redmond — you don't have to be on the breadline to struggle with the cost of living

EU Commissioner nomination

S Elaine Loughlin: Ex-partners’ bad blood gives campaign a bit of bite

Election 2024: A wily tit-for-tat has kept the attention on Micheál Martin and Simon Harris at the expense of Sinn Féin

Sat, 16 Nov, 2024

Worried this winter campaign

Fine Gael to increase Vat on energy bills to 11%, Taoiseach confirms

The rate of Vat on gas and electricity bills reduced in 2022 as part of cost-of-living measures

Wed, 13 Nov, 2024

General Election Ireland 2024

Fianna Fáil vows to decriminalise possession of cannabis for personal use

Party's manifesto also includes promises to keep 9% Vat on energy, and to raise core welfare rates to €144

Tue, 12 Nov, 2024

Black woman managing family budget at home table

Energy arrears: One in eight households behind in electricity, one in four in gas bills

The Commission for Regulation of Utilities has said that the average that households owed came to €435 on electricity and €210 on gas

Mon, 14 Oct, 2024

Budget 2025: All you need to know about the new energy credit

Budget 2025: All you need to know about the new energy credit

Consumer Interests: The new credit of €250 will be applied to all residential electricity bills and will be paid in two €125 instalments, writes John Hearne

Fri, 04 Oct, 2024

Lower electricity prices hits profits at Indaver Ireland

Lower electricity prices hits profits at Indaver Ireland

New accounts filed by Indaver Ireland Ltd show that the company recorded the drop in profits as revenues rose by 16% from €121.64m to €140.98m

Wed, 02 Oct, 2024

Burke rejects criticism over Vat cut failure

Burke rejects criticism over Vat cut failure

Numerous representative bodies in the hospitality sector had been lobbying hard for the measure to be included in the budget

Wed, 02 Oct, 2024

Budget 2025 at a glance: welfare, childcare, minimum wage and vape price hikes

Budget 2025 at a glance: welfare, childcare, minimum wage and vape price hikes

Workers and social welfare recipients to gain while smokers and vapers will see significant price increases

Tue, 01 Oct, 2024

Dail returns

Budget 2025: Tánaiste hits out at 'mischief', saying €15 welfare hike was never proposed

'I’m bemused by the entire thing,'Micheál Martin said

Mon, 30 Sep, 2024

Electric bill charges paper

Worries about a cold winter driving energy prices up again, says energy provider

Yuno Energy CEO Cathal Fay said the energy market seems to be 'worrying about another cold winter this year and prices are up again'

Mon, 30 Sep, 2024

Kevin McPartlan: Reliance on fuel taxation to drive change in Ireland is 'flawed'

Kevin McPartlan: Reliance on fuel taxation to drive change in Ireland is 'flawed'

The carbon tax hike due to kick in next Wednesday is the latest in a long line of price rises with taxes making up the majority of the hikes

Sun, 29 Sep, 2024

Energy costs

Switching activity jumps among energy customers ahead of winter months

Regulator found there was a 51% jump in switching among electricity customers and a 32% increase in switching among gas customers in July compared to the same period a year earlier

Thu, 19 Sep, 2024

'No rationale' to one-off cost-of-living measures in Budget 2025

'No rationale' to one-off cost-of-living measures in Budget 2025

NERI saying that instead of once-off, untargeted, supports, Ireland needs evidence-based approach to welfare payments based on income adequacy

Wed, 18 Sep, 2024

Coronavirus

Ireland 'needs to get its act together' on electricity grid to attract more multinationals

Enterprise Minister Peter Burke said 'we are in significant danger' if we fail to invest in grid infrastructure

Thu, 12 Sep, 2024

Freight ship

John Whelan: Just how low could oil prices go?

Given Ireland’s dependence on crude imports, the country's economy will be boosted by a drop in oil prices and falling transport costs

Sun, 08 Sep, 2024

Energy prices

Budget 2025 expected to give energy customers more good news after Electric Ireland cut

Daragh Cassidy of price comparison website Bonkers.ie said he expects other energy providers to come out with similar price cuts

Fri, 06 Sep, 2024

Calculating energy efficiency and energy bill papers

Electric Ireland to cut prices by up to 5% for residential customers

The announcement is the company’s third price reduction over the past 12 months for its 1.1 million residential customers and will come into effect from November 1, 2024

Thu, 05 Sep, 2024

Electric bill charges paper

Government has stood by and allowed 'legalised price gouging' take hold, Labour TD says

At the launch of the party's cost-of-living action plan, Ged Nash accused the Government of 'inaction and toothless regulation' in the face of a relentless rise in costs

Tue, 03 Sep, 2024

Electric bill charges paper

Energy regulator cuts length of disconnection time for customers in arrears

Commission for Regulation of Utilities warned arrears at 'historically high levels' and said longer disconnection moratorium did not help customers, who continued to accrue debt

Fri, 30 Aug, 2024

Irish Economy As Latest Retail Figures Released

Inflation falls to 1.1% on sharp energy price drop

The CSO said energy prices in Ireland fell by 9.5% while food prices increased by 2% over the past year.

Thu, 29 Aug, 2024

Meta Data Centres

AI tech giants hide dirty energy with outdated carbon accounting rules

Companies are buying credits — called unbundled renewable energy certificates (RECs) — that can make it seem that power consumed from a coal plant came from a solar farm instead.

Wed, 21 Aug, 2024

SCOTLAND Windfarm 5

World's largest wind turbine maker Vestas trims profit outlook as higher costs bite

Meanwhile, Siemens Energy raised its free cash flow outlook again, citing stronger demand for its power grid equipment and gas turbines

Mon, 12 Aug, 2024

Gas hob cooker flame alight cost of energy UK

European gas prices slump amid rising economic concerns

Dutch front-month futures, Europe’s gas benchmark, fell 3.8% to €35.24 a megawatt-hour in early trading in Amsterdam on Monday

Mon, 05 Aug, 2024

Auction price cap will hinder onshore wind projects, expert warns

Auction price cap will hinder onshore wind projects, expert warns

A senior associate at Aurora Energy Research said that the Renewable Electricity Support Scheme auction is set to 'yet again severely undershoot the procurement target'

Wed, 31 Jul, 2024

Worried this winter campaign

Quarter of Irish household gas bills in arrears last April

According to the Commission for Regulation of Utilities, Irish households collectively owed €105.85m in arrears on electricity bills and €41.48m in arrears on their gas bills.

Mon, 29 Jul, 2024

Easing cost-of-living concerns sees increase in consumer confidence

Easing cost-of-living concerns sees increase in consumer confidence

Despite gains, confidence remains below the long-term average

Wed, 24 Jul, 2024

Brent crude oil prices

European gas prices fall to lowest in week while Brent Crude also drops

European gas prices have been volatile in reaction to the Freeport outage, highlighting Europe’s increased dependence on liquefied natural gas imports

Mon, 22 Jul, 2024

Wholesale electricity prices plunge by more than 72% from peak

Wholesale electricity prices plunge by more than 72% from peak

In its latest Wholesale Price Index, the CSO also highlighted that electricity prices have plummeted by almost 41% since June 2022

Mon, 22 Jul, 2024

Brent crude oil prices

Oil declines on sentiment in Europe and cautious Chinese consumption

Meanwhile, potential risks such as reduced Russian flows through Ukraine or a surge in European gas demand could lead to a price increase

Tue, 16 Jul, 2024

Wind farms generated 34% of Ireland's total electricity demand in the first half of the year

Wind farms generated 34% of Ireland's total electricity demand in the first half of the year

Wind Energy Ireland report says Kerry regained its top spot as the country’s top source of wind energy after it was dethroned by Cork in May

Mon, 08 Jul, 2024

Defence Forces official recruitment rebrand launch in Cathal Brugha Barracks, Rathmines

Letters to the Editor: Culture of injustice, misogyny, and silence in the Defence Forces

An academic whose PhD thesis pointed out 'gender inequities, misogyny, and sexual- and gender-based violence' says her research was dismissed by the Irish Defence Forces

Wed, 03 Jul, 2024

Supermarket spending

The pace of annual price inflation slows to 1.5% in June

Energy prices dropped 5.6% in the period and fell 1% in the month, however, European energy markets are once again feeling the heat as contracts edge higher

Mon, 01 Jul, 2024

Cost of electricity: halogen bulb and twenty Euro notes

Energy suppliers set to drop prices again but future increases likely

Around 250,000 electricity customers and 90,000 gas customers to benefit from third price decrease from SSE Airtricity in less than a year, with prices now 30% down on the height of the energy crisis two years ago

Mon, 01 Jul, 2024

Electric car plugged in outside house

EU revises tariff rates set to hit EVs from China

Several carmakers and EU members including Germany have been pushing the EU and China to negotiate

Wed, 26 Jun, 2024

Home tax deduction

State body behind retrofitting of homes slammed over 'inordinate delays'

Report accuses the Sustainable Energy Authority of Ireland (SEAI) of 'blatantly disregarding' UN sustainable development goals of 'leaving no one behind' when it comes to fuel poverty

Mon, 24 Jun, 2024

Energy prices

Wholesale electricity prices up more than a fifth in May

In the 12 months to May the cost of food products, beverages, and tobacco was down 5.7%

Fri, 21 Jun, 2024

Letters to the Editor: Time to heed Samia al-Atrash's words about the horrors in Rafah

Letters to the Editor: Time to heed Samia al-Atrash's words about the horrors in Rafah

Samia al-Atrash spoke to the 'Irish Examiner' of her pain as her family members, young and old, were destroyed in an Israeli bombardment. Her words have resonated with readers.

Thu, 20 Jun, 2024

2010 General Election Polling Day

Businesses seek certainty as general election looms

There is a major risk for Ireland that an EU response in a subsidy war could give large countries a free hand to ladle on subsidies which small countries could never match

Sun, 16 Jun, 2024

Just Transition Fund

Crude oil price spikes to $83.25 a barrel amid global stock decline

The US Energy Information Administration this week raised its 2024 world oil demand growth forecast to 1.1m barrels a day

Wed, 12 Jun, 2024

Gwynt y Mor offshore wind farm

Letters to the Editor: Floating wind energy is the future for Ireland

Wind Energy Ireland director says if we identify sites for floating wind energy, Ireland can become a leader in the sector

Tue, 11 Jun, 2024

Elementary school children bored in classroom

Irish Examiner view: Schools should not have to deal with the eTender system

The free schoolbooks scheme puts the responsibility on schools to organise their purchase — so they have to abide by onerous EU procurement and tendering rules

Mon, 10 Jun, 2024

View of gas pressure-gauge and the valve

How a small pipeline crack sent European wholesale gas prices soaring

That an issue with a small pipeline could cause such a big impact underscores the influence Norway now has on Europe’s energy security

Fri, 07 Jun, 2024

Letters to the Editor: Time for Leaving Cert reform

Letters to the Editor: Time for Leaving Cert reform

One reader writes in to say that with the amount of time students will spend on written assessments over the coming days, it's little wonder that they complain about the volume of information they have to retain

Wed, 05 Jun, 2024

Oil rigs - Cromarty Firth

Oil price slides to $77.25 a barrel despite pledges of output cuts

Crude oil fell more than $1 a barrel on the back of scepticism about an Opec+ decision to boost supply later this year

Tue, 04 Jun, 2024