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The European Commission has proposed a 15% cut in gas use

Irish officials to discuss EU calls to reduce gas use

Officials at the Department of the Environment are meeting to discuss the EU's call for a 15% reduction in gas demand.

Bord na Móna is planning to invest €1.6 billion in renewable and sustainable projects over a ten year period as it moves away from peat energy

Bord na Móna sees profit jump to €78.9m

Bord na Móna has reported a near-trebling in its operating profit, as it continued its transition towards renewable energy.

Business • 20 Jul 22

Gas deliveries are due to restart through Russia's NordStream 1 pipeline to Germany

EU seeks to cut gas use by 15% over winter months

The European Commission has urged EU countries to reduce demand for natural gas by 15% over the coming months to secure winter stocks and defeat Russian "blackmail".

Europe • 20 Jul 22

Gazprom cut gas exports through the Nordstream 1 route to 40% capacity last month

Russia seen restarting Nord Stream gas exports on time

Russian gas flows via the Nord Stream 1 pipeline are seen restarting on time on Thursday after the completion of scheduled maintenance, two sources familiar with the export plans told Reuters.

Business • 19 Jul 22

The projects are ESB's first in a pipeline to deliver grid-scale battery technology at sites in both Cork and Dublin

ESB battery storage plant goes live in Cork

A new battery storage plant, designed to help ease out the supply demand imbalances caused by renewable energy, has gone online in Cork.

Business • 15 Jul 22

Dan Moore criticised Ireland's approach to liquefied natural gas

Ex-ESB International boss issues gas supply warning

The former head of ESB International says Ireland is "very poorly prepared" for gas shortages because of a lack of gas storage.

Ireland • 11 Jul 22

Leo Varadkar said an energy credit for every household would be simple to administer

Further €200 energy credit is an option, says Tánaiste

Tánaiste Leo Varadkar has said that giving energy customers another €200 off their electricity bills is "certainly an option".

Ireland • 05 Jul 22

Rising energy costs are fuelling inflation hikes

Inflation rate: A big number that could get even bigger

August is likely to see rises in energy prices translating into even higher inflation.

Analysis and Comment • 02 Jul 22

Spanish energy supplier Iberdrola announced that it was exiting the Irish gas and electricity retail market earlier this week

Iberdrola's customer transfer date confirmed by CRU

The Commission for Regulation of Utilities said today that all Iberdrola customers will automatically transfer to Electric Ireland and Bord Gáis Energy on Wednesday June 8 and will remain with those suppliers until September 1.

Business • 03 Jun 22

Iberdrola exit another sign of energy market strain

Iberdrola's announcement that it plans to cease offering gas and electricity here is a signal of a wide and growing set of complex problems such providers now face.

Analysis and Comment • 31 May 22

Temperatures often rise above 40 Celsius in the summer across Spain

Spain limits air conditioning to save energy

Air conditioning in public buildings in Spain must be turned down in the summer under new rules published today as part of measures to reduce Europe's reliance on Russian energy.

Business • 26 May 22

Minister Eamon Ryan said today that Ireland is currently in a ''very tight situation' regarding electricity supply

Eirgrid 'right' not to take data centre applications

The Minister for the Environment and Climate, Eamon Ryan has said Eirgrid is ''absolutely right'' not to take new applications from data centres over concerns about the energy supply.

Ireland • 24 May 22

Josepha Madigan said there is co-operation with the EU regarding sharing of energy sources if required

No shortage of gas in Ireland, says minister

Minister of State Josepha Madigan has said despite the global uncertainty around fuel there is no shortage of gas in Ireland.

Ireland • 30 Apr 22

Getting a better understanding of how your business is using its energy will go a long way to unearthing ways to save

How businesses can take the edge off their energy bills

Slashing energy costs doesn't always involve a large investment with a slow return; there are ways for businesses to make significant - and immediate - energy cuts to their monthly bills.

Business • 24 Apr 22

The Dáil heard that a reduction 'is not possible' following discussions with the European Commission

Dáil told VAT cut on energy no longer on table

The Tánaiste has indicated a VAT cut on energy is no longer on the table.

Ireland • 07 Apr 22

The increases will take effect from May 5

Iberdrola Ireland increases gas and electricity prices

Iberdrola Ireland has become the latest energy provider here to increase its household gas and electricity charges.

Business • 05 Apr 22

Government plans more supports for households struggling with energy costs

Govt must tackle cost-of-living 'over the medium term'

The Taoiseach has said that the Government must look to tackle the rising cost-of-living over the medium term, as it "cannot take measures every single week in response to every single price increase that may occur".

Ireland • 04 Apr 22

The International Energy Agency (IEA) in Paris agrees that when done on a large scale, small behavioural changes can significantly reduce gas and oil demand

Europe told 'turn down the heat' in Russia gas standoff

Fears of a Russian gas supply crunch prompted some European countries today to ask people to consume less energy in a move that could potentially yield big results.

Business • 30 Mar 22

80 people will be employed in supporting the wind park

New rules enable SSE increase plan for Arklow wind park

SSE Renewables is to apply for permission to build its wind park off the Wicklow coast under a new planning system, in a move that will allow it to increase the power generation output capacity significantly.

Business • 24 Mar 22

The report noted that Ireland's import dependency in the area of energy provision stood at just above 70% in 2020, which was the eighth highest in the EU

Energy security key to investment and competitiveness

Ireland has among the highest rates of dependency on imported sources of energy in Europe, although dependency has declined in recent years.

Business • 24 Mar 22

Russian gas accounts for some 40% of Europe's total consumption

'Unfriendly' countries to pay roubles for gas - Putin

Russia will seek payment in roubles for gas sales from "unfriendly" countries, President Vladimir Putin said today, sending European gas prices soaring on concerns the move would exacerbate the region's energy crunch.

Business • 23 Mar 22

No decision on potential energy sanctions was expected at the foreign ministers' meeting

EU split on Russia oil sanctions

The European Union's foreign ministers have disagreed on whether and how to slap sanctions on Russia's lucrative energy sector over its invasion of Ukraine, with Germany saying the bloc was too dependent on Russian oil to decide an embargo.

Business • 21 Mar 22

The interconnector will deliver up to 500MW of power into the national grid

Funding secured for 190km Ireland-UK interconnector

A new electricity interconnector between Ireland and the UK is on course to be delivered in 2024 after the project secured the €500m in required investment.