Wind energy pushes prices down in October Wind Energy Ireland's latest report shows that wind energy provided 47% of the country's electricity in October, making it Ireland's main source of electricity last month. Business • 03 Nov 22
Wind energy pushes prices down in October Wind Energy Ireland's latest report shows that wind energy provided 47% of the country's electricity in October, making it Ireland's main source of electricity last month. Business • 03 Nov 22
64% of householders make energy efficiency improvements New research from Banking & Payments Federation Ireland reveals that 64% of consumers have carried out at least one significant energy efficiency home improvement as energy costs continue to jump. Business • 03 Nov 22
64% of householders make energy efficiency improvements New research from Banking & Payments Federation Ireland reveals that 64% of consumers have carried out at least one significant energy efficiency home improvement as energy costs continue to jump. Business • 03 Nov 22
Gas importer Uniper reports record €40 billion net loss Soon-to-be-nationalised gas importer Uniper has today unveiled a record €40 billion net loss, among the biggest in German corporate history, reflecting expected future losses in the wake of Russia's move to stop supplies. Business • 03 Nov 22
Gas importer Uniper reports record €40 billion net loss Soon-to-be-nationalised gas importer Uniper has today unveiled a record €40 billion net loss, among the biggest in German corporate history, reflecting expected future losses in the wake of Russia's move to stop supplies. Business • 03 Nov 22
Mediahuis agrees deal for Switcher.ie Irish Independent owner Mediahuis has agreed a deal to buy Switcher.ie, the Irish price comparison site for broadband, energy, mobile, money and mortgages. Business • 02 Nov 22
Mediahuis agrees deal for Switcher.ie Irish Independent owner Mediahuis has agreed a deal to buy Switcher.ie, the Irish price comparison site for broadband, energy, mobile, money and mortgages. Business • 02 Nov 22
Customers to get first €200 energy credit from tomorrow The first of three €200 electricity credits will appear on residential bills from tomorrow. The Government says more than 2.2 million accounts will benefit from the initiative. Ireland • 31 Oct 22
Customers to get first €200 energy credit from tomorrow The first of three €200 electricity credits will appear on residential bills from tomorrow. The Government says more than 2.2 million accounts will benefit from the initiative. Ireland • 31 Oct 22
Energy proposals 'technically flawed and unrealistic' The Irish Academy of Engineering has described the proposals in a Government-commissioned review on Ireland's energy supply as "technically flawed and unrealistic". Business • 25 Oct 22
Energy proposals 'technically flawed and unrealistic' The Irish Academy of Engineering has described the proposals in a Government-commissioned review on Ireland's energy supply as "technically flawed and unrealistic". Business • 25 Oct 22
Gas prices down to mark seen before invasion of Ukraine Gas prices on both the UK and Dutch markets have fallen to price levels not seen since before the Russian invasion of Ukraine in February. Business • 25 Oct 22
Gas prices down to mark seen before invasion of Ukraine Gas prices on both the UK and Dutch markets have fallen to price levels not seen since before the Russian invasion of Ukraine in February. Business • 25 Oct 22
World is in its first truly global energy crisis - IEA Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of "the first truly global energy crisis", the head of the International Energy Agency said today. Business • 25 Oct 22
World is in its first truly global energy crisis - IEA Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of "the first truly global energy crisis", the head of the International Energy Agency said today. Business • 25 Oct 22
Gas generated 55% of Ireland's electricity in September Gas demand fell by 11% in September from August, new figures show today, as temperatures were above average in most parts of the country. Business • 24 Oct 22
Gas generated 55% of Ireland's electricity in September Gas demand fell by 11% in September from August, new figures show today, as temperatures were above average in most parts of the country. Business • 24 Oct 22
Uniper shuts down 50% of headquarters to save gas German utility Uniper is shutting half the office space in its headquarters and lowering temperatures in areas remaining open to save gas, it told Rheinische Post today, as it struggles to stay afloat even after being nationalised. Business • 24 Oct 22
Uniper shuts down 50% of headquarters to save gas German utility Uniper is shutting half the office space in its headquarters and lowering temperatures in areas remaining open to save gas, it told Rheinische Post today, as it struggles to stay afloat even after being nationalised. Business • 24 Oct 22
SSE site chosen for possible emergency generation SSE Thermal's power generation Tarbert site in County Kerry has been chosen by the Government as a possible site for emergency generation capacity, the company said on its website. Business • 21 Oct 22
SSE site chosen for possible emergency generation SSE Thermal's power generation Tarbert site in County Kerry has been chosen by the Government as a possible site for emergency generation capacity, the company said on its website. Business • 21 Oct 22
Draghi's farewell warning to EU leaders Italy's outgoing premier Mario Draghi used his last day on the European stage today to warn both his fellow leaders and his far-right successor that a united Europe should remain their "guiding star". Business • 21 Oct 22
Draghi's farewell warning to EU leaders Italy's outgoing premier Mario Draghi used his last day on the European stage today to warn both his fellow leaders and his far-right successor that a united Europe should remain their "guiding star". Business • 21 Oct 22
Food industry prices jump, but electricity costs down The price of raw materials for the food industry rose last month, according to the latest Wholesale Price Index from the Central Statistics Office. Business • 21 Oct 22
Food industry prices jump, but electricity costs down The price of raw materials for the food industry rose last month, according to the latest Wholesale Price Index from the Central Statistics Office. Business • 21 Oct 22
No big cost impact from expanded energy support scheme Minister for Finance Paschal Donohoe has said the expanded energy support scheme for businesses, announced in the Finance Bill yesterday, will not add significantly to the costs to the Exchequer. Business • 21 Oct 22
No big cost impact from expanded energy support scheme Minister for Finance Paschal Donohoe has said the expanded energy support scheme for businesses, announced in the Finance Bill yesterday, will not add significantly to the costs to the Exchequer. Business • 21 Oct 22
Taoiseach says EU deal on gas prices good for Ireland Taoiseach Micheál Martin has hailed last night's agreement by EU leaders on a price cap on imported gas, saying it would lead to a stabilisation of the market and reduce price spikes. Politics • 21 Oct 22
Taoiseach says EU deal on gas prices good for Ireland Taoiseach Micheál Martin has hailed last night's agreement by EU leaders on a price cap on imported gas, saying it would lead to a stabilisation of the market and reduce price spikes. Politics • 21 Oct 22
EU leaders at odds over how to tackle energy prices EU leaders have clashed over how to ride out Europe's energy shock, with France and Germany at loggerheads over imposing a cap on gas prices that have been pushed skywards by the war in Ukraine. Ireland • 20 Oct 22
EU leaders at odds over how to tackle energy prices EU leaders have clashed over how to ride out Europe's energy shock, with France and Germany at loggerheads over imposing a cap on gas prices that have been pushed skywards by the war in Ukraine. Ireland • 20 Oct 22
Finance Bill widens TBESS to include professionals The Government is expected to confirm that its new support scheme aimed at assisting businesses with the rising cost of energy will be extended to include professional firms, when it publishes the Finance Bill later today. Business • 20 Oct 22
Finance Bill widens TBESS to include professionals The Government is expected to confirm that its new support scheme aimed at assisting businesses with the rising cost of energy will be extended to include professional firms, when it publishes the Finance Bill later today. Business • 20 Oct 22
Call to restart talks on use of nuclear energy here The President of Engineers Ireland has suggested it could be time to reawaken discussion about the use of nuclear energy here. Business • 19 Oct 22
Call to restart talks on use of nuclear energy here The President of Engineers Ireland has suggested it could be time to reawaken discussion about the use of nuclear energy here. Business • 19 Oct 22
German investor morale stays low as recession looms German investor confidence climbed "slightly" in October but remained at a low level, a key survey said today, as Europe's top economy braces for a recession triggered by soaring energy costs. Business • 18 Oct 22
German investor morale stays low as recession looms German investor confidence climbed "slightly" in October but remained at a low level, a key survey said today, as Europe's top economy braces for a recession triggered by soaring energy costs. Business • 18 Oct 22
Govt rules out electricity generation on Galway site The Government has definitively ruled out the resumption of electricity generation at an ESB owned wind farm in Co Galway. Connacht • 18 Oct 22
Govt rules out electricity generation on Galway site The Government has definitively ruled out the resumption of electricity generation at an ESB owned wind farm in Co Galway. Connacht • 18 Oct 22
France struggling with petrol supplies as strikes go on Strikes at several TotalEnergies refineries and storage sites that have been weighing on France's petrol supplies have been prolonged by workers this morning, a representative of the CGT union at the company told Reuters. Business • 17 Oct 22
France struggling with petrol supplies as strikes go on Strikes at several TotalEnergies refineries and storage sites that have been weighing on France's petrol supplies have been prolonged by workers this morning, a representative of the CGT union at the company told Reuters. Business • 17 Oct 22
Minister issued direction on gas supply to data centres Minister for Climate Eamon Ryan instructed the organisation which runs Ireland's natural gas network not to provide connections to data centres which are going to rely exclusively on gas for power. Ireland • 14 Oct 22
Minister issued direction on gas supply to data centres Minister for Climate Eamon Ryan instructed the organisation which runs Ireland's natural gas network not to provide connections to data centres which are going to rely exclusively on gas for power. Ireland • 14 Oct 22
Euro zone 'coming closer' to contraction in 2023 - ECB Uncertainty about Russian energy imports is pushing the euro zone closer towards a contraction in 2023, a senior European Central Bank official said today. Business • 14 Oct 22
Euro zone 'coming closer' to contraction in 2023 - ECB Uncertainty about Russian energy imports is pushing the euro zone closer towards a contraction in 2023, a senior European Central Bank official said today. Business • 14 Oct 22
No deal in France between CGT union and TotalEnergies France's CGT union, at the core of a weeks-long strike at refineries and some petrol depots of oil major TotalEnergies, walked away from wage talks last night. Business • 14 Oct 22
No deal in France between CGT union and TotalEnergies France's CGT union, at the core of a weeks-long strike at refineries and some petrol depots of oil major TotalEnergies, walked away from wage talks last night. Business • 14 Oct 22
Inflation rate moderates to 8.2% in September - CSO New Central Statistics Office figures show that the annual rate of inflation rose by 8.2% in September, down from an annual increase of 8.7% in August. Business • 13 Oct 22
Inflation rate moderates to 8.2% in September - CSO New Central Statistics Office figures show that the annual rate of inflation rose by 8.2% in September, down from an annual increase of 8.7% in August. Business • 13 Oct 22