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14 out of the 16 projects have secured contracts under the Renewable Electricity Support Scheme (RESS) 2

Elgin Energy sells 16 Irish solar projects to Allianz

Allianz Capital Partners has bought 16 solar energy projects in Ireland from international solar company Elgin Energy.

Ireland imported 81.6% of its energy last year

Pace of fall in energy emissions not fast enough - SEAI

The pace of reduction of emissions from energy is not sufficient to meet Ireland's national climate obligations, a new report from the Sustainable Energy Authority has found.

Business • 13 Dec 23

The analysis also recommends that a task-force be set up to coordinate the delivery of offshore renewables

Industry doesn't think renewable targets will be met

95% of industry experts do not believe Ireland will reach its target of having 80% of electricity generated from renewable sources by 2030, a new report has found.

Business • 04 Dec 23

Bord Gáis Energy's Whitegate Combined Cycle Gas Turbine power station in Cork

Bord Gáis Energy planning ammonia power plant in Cork

Bord Gáis Energy (BGE), along with partners, is planning to build a new ammonia fired electricity generation facility in Cork.

Business • 29 Nov 23

(Stock image) The Commission expects EU power demand to rise 60% from this year until 2030

EU Commission announces electricity grid action plan

The EU's energy commissioner Kadri Simson has announced an action plan to overhaul its 40-year-old electricity infrastructure to meet new renewable energy demands as the energy transition speeds up.

Business • 28 Nov 23

This is Yuno's second rate cut since it launched in August - though it will continue to offer its variable rate to customers who do not want to switch

Yuno cuts electricity rate for customers who fix price

Energy supplier Yuno has announced a new, lower electricity price for customers who lock into the agreed rate for 12 months.

Business • 27 Nov 23

Slane Distillery's Alan Buckley and John O'Reilly with Karl Phelan from Flogas Enterprise and Gearoid Cahill of Slane Distillery

Slane Irish Whiskey signs renewable electricity deal

Flogas Enterprise has signed a deal with Slane Irish Whiskey which will see the energy company supply the distillery with renewable electricity.

Business • 17 Nov 23

The Electricity Association of Ireland waned at a minimum they needed to be allowed to disconnect customers that were considered "high impact cases"

Energy regulator was warned about impact of moratoriums

The energy regulator was warned that some people were using winter moratoriums on power disconnections to "game" the system and run up large unpaid bills which they had no intention of paying.

Business • 01 Nov 23

Electricity generation from wind hit a new milestone during Storm Agnes

Energy generation sources remain stable in September

Gas was responsible for generating 46% of Ireland's electricity in September, amid mild, sunny and wet weather.

Business • 05 Oct 23

US crude stocks fell by 2.2 million barrels last week to 416.3 million barrels

Oil prices climb further amid concerns over supply

US oil futures jumped to their highest in more than a year today as a drop in crude stocks in the United States added to worries over tight global supplies from OPEC+ output cuts.

Business • 28 Sep 23

Wind Energy Ireland said the critical issue remains the failure of the Irish planning system to meet its timelines

Latest renewable energy auction results "disappointing"

The body representing the wind energy sector here has described as "extremely disappointing" the results of the latest auction of renewable power.

Business • 26 Sep 23

Ms McGuckian described offshore wind as "the one that got away from us as a nation"

Delays threaten decarbonisation targets NTR boss warns

Ireland and Europe are really going to struggle to meet decarbonisation targets due to delays and uncertainty that every single renewable energy project and transmission connection is put under, the Chief Executive of NTR has said.

Business • 22 Sep 23

Energy prices will decrease at a slow and smooth rate the report predicts

Unlikely energy prices will return to 2020 levels - CRU

It is unlikely that households will see energy prices return to the previous low levels seen in 2020 and 2021 over the coming months, a new report from the energy regulator has found.

Business • 21 Sep 23

The cost of wholesale energy has fallen sharply in the past year

Wholesale energy prices fell again in August

Wholesale electricity prices continued their decline in August compared to prices last year, according to the latest report published by the Single Electricity Market Operator (SEMO).

Business • 15 Sep 23

Gas Networks Ireland can be used in existing technologies, vehicles and appliances

Biomethane could replace a quarter of natural gas use

More than a quarter of natural gas used in Ireland could be replaced by biomethane, a new study has found.

Business • 07 Sep 23

Reed Snyder, Principal of Verdane and Kevin Maughan, CEO of UrbanVolt

UrbanVolt secures €26m investment from Verdane

Commercial solar provider UrbanVolt has secured a €26m investment from European growth equity investment firm Verdane.

Business • 31 Aug 23

A decision on the disconnection moratorium length will be made in September

Energy regulator extends customer protection measures

Measures put in place by the utilities regulator last winter to protect vulnerable customers struggling with high energy prices are to be extended into this winter.

Business • 29 Aug 23

It said the lower prices would be effective from 1 October.

Pinergy announces another cut to electricity prices

Energy provider Pinergy has announced a second cut to its standard residential electricity prices.

Business • 28 Aug 23

Electricity prices are poised to fall - but consumers are still going to be paying way over the odds compared to 2020

High charge: Energy prices set to fall, but not by much

There's growing optimism that energy prices will start to fall soon – but consumers shouldn't get their hopes up for a dramatic decline in their bills this winter, writes Adam Maguire.

Business • 27 Aug 23

The Organization of the Petroleum Exporting Countries (OPEC) and its allies began limiting supplies in late 2022

IEA warns oil prices could rise further this year

OPEC+ supply cuts could erode oil inventories in the rest of this year, potentially driving prices even higher, before economic headwinds limit global demand growth in 2024, the International Energy Agency (IEA) said today.

Business • 11 Aug 23

The amount of energy generated by wind last month was up 11% on July of 2022

One third of country's July energy supplied by wind

Around a third of the country's energy needs in July was supplied by wind generation, the latest wind energy report from Wind Energy Ireland showed.

Business • 08 Aug 23

The residential sector drew -53% less gas in June compared to a month earlier

Gas demand 9% lower in June compared to last year

Warmer weather and the ending of the academic year in education institutions led to demand for gas dropping by 10% in June compared to May.

Business • 27 Jul 23

Two new interconnectors are currently being built

Up to five new electricity interconnectors planned

The construction of an additional electricity interconnector to Britain by 2030 is one of a number of key plans contained in a new policy on interconnection that has been approved by the Cabinet.

Business • 26 Jul 23

The proposed strategy will require a far greater focus on leveraging smart meters to incentivise further flexibility from households and SMEs.

Energy regulator asks public for input on new strategy

The gas and electricity regulator has called for evidence and input from the public and business before finalising a new energy demand strategy that will transform our relationship with electricity usage.

Business • 21 Jun 23

Irish Rail has been securing additional stocks of fuel since the Russian invasion of Ukraine

Paper warns of transport disruption due to energy loss

Urban transport services would have to be massively curtailed with people asked to walk or cycle in the event of a major loss or outage of energy supplies.

Business • 19 Jun 23