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Wednesday 6 December 2023 Dublin: 7°C

# Electricity

Last month
November 2023
Poll: Do you struggle to pay your energy bills?
An Oireachtas committee will hear today that thousands of households and businesses are behind on their gas and electricity bills.
Householders to pay 'small charge' on energy bills to pay for new floating gas storage ship
The location for the floating gas storage ship is yet to be decided.
Around 34,000 homes and businesses without power after Storm Debi hits country
At present the worst-affected areas are Athlone, Cavan, Drogheda, Dundalk, Longford, Mullingar and Tuam.
This year
What we know so far about tomorrow's Budget: USC cuts, €750 rent credit and further 25% childcare cost cuts
Electricity credits will be worth at least €400.
'I am broken mentally, physically and financially': What readers want to see in Budget 2024
A report by
Órla Ryan
A package worth around €6.4 billion will be announced on Tuesday.
People want to see USC reduced, Carer's Allowance increased and more childcare support
"The Government needs to take a long hard look at how much we actually do," one carer told us
"We are the generation that's emigrating in droves and we are constantly ignored by the Government," a young renter said
Coalition leaders get budget update from ministers that hold the purse strings
Budget 2024: What exactly can we expect in next week's package?
ESB Group reports 30% rise in profits to €676 million in first six months of the year
The state-owned energy company said its profits from the start of the year to 30 June had increased by €157 million compared to the same period last year.
SSE Airtricity to cut residential electricity and gas prices by 12% and 10% from 1 November
The price reductions will see a typical dual fuel customer save €384.55 (including VAT) per year.
Energia announces energy price cuts for domestic customers this October
Their standard electricity rates will drop by 15%, leading to a saving of €305 annually based on the average annual bill.
Wind energy use has increased while gas consumption fell by 20%, Gas Networks Ireland reveal
Gas Networks Ireland said that wind energy had one of its strongest Julys on record – generating 35% of all electricity in the State.
Energy supports for families and businesses to form part of Budget 2024
The Taoiseach says energy bills are not falling fast enough.
Wholesale electricity prices drop 26.6% in year, but consumers still mightn't see decrease in bills yet
CSO figures show that there has been a decrease of 16.2% in wholesale electricity prices in the month to May of this year.
Data centres consumed 31% more electricity last year compared to 2021
Ireland currently has 75 data centres in operation and last year they accounted for 18% of the country’s electricity use.
Electricity consumption by the data centre sector rose by 31% between 2021 and 2022
Data centres used as much electricity as all urban dwellings combined last year
Electricity consumption in the industry has gone up by 400% since the beginning of 2015
Engineering company plans to create 700 jobs in Limerick over next five years
Drilling for Data: Growing energy needs fuelling rise in data centre emissions
Wholesale electricity prices fell 40% in past year, but savings for customers will be delayed
Daragh Cassidy from price comparison website, has said that prices for consumers still remain high and may not fall for months.
Wholesale electricity prices drop 50.5% in year, but consumers mightn't see decrease in bills just yet
The CSO figures show there has been a decrease of 8.7% in the price of wholesale electricity since February of this year.
North-South interconnector 'ready to enter construction phase' after independent review
Construction is anticipated to be completed by 2026.
Darragh O'Brien says other energy companies should follow Pinergy's example and cut prices
The change, which kicks in on 31 March, will result in a 7.1% decrease to the typical household cost.
All electricity customers to get €90 off bills over seven instalments
Customers normally have to pay a levy to fund renewable energy, but when electricity prices go up this levy is not needed.
Electric Ireland error means PAYG customers have avoided higher gas rate since August
The energy company says customers will have to pay the current, higher rate for their gas from 24 January.
Price of wholesale electricity 93.2% higher than in November, CSO figures show
The price of electricity in December 2022 was 10.4% higher than December 2021.
Over 16,000 customers left without power in north Dublin and Meath this evening due to faults
Most customers have since had their power restored, however.
Last year
Gas and electricity to remain at 'historical high' for next two years, says Ryan
The Green Party leader said that it was due to international factors.
Long-awaited energy poverty plan published as Ryan warns prices may not drop for two years
The plan includes a €10 million Government hardship fund for vulnerable energy customers.
Staff shortages leave energy regulator scrambling to keep the lights on
A report by
Niall Sargent
Noteworthy reveals the CRU needs almost 70 more staff to deliver on its security of supply and climate roles.
Core work of the energy regulator ‘frequently delayed by a lack of staff’, Government told
Concerns over staff burnout repeatedly raised by the regulator’s risk committee
Tánaiste says to prepare for risk of amber alerts in the run-up to Christmas
Celtic Interconnector with France will promote clean energy and lower prices, says Taoiseach
The underwater cable connecting east Cork to Brittany will have the capacity to power 450,000 households.
Ukraine receives more air defence systems, as officials say electricity situtation is 'tense'
Attacks by Moscow’s forces have destroyed around 40% of Ukraine’s power stations.
First of three €200 electricity credits to appear on bills from tomorrow
The credit line will appear on bills from the start of November and into December
As winter approaches, not all energy bill 'hardship funds' are created equal
The Journal asked a number of energy companies if like Electric Ireland, they too had set up hardship funds for customers in need.
Analysis: Energy insecurity and our fracking future
The Irish Academy of Engineering has said the government’s report on Ireland’s energy security is “seriously flawed”.
Paschal Donohoe says data centres could not be excluded from energy scheme
The Finance Minister rounded on people who “want to chase data centres out of Ireland”.
1,000 disconnections in first half of this year as minister promises action plan in weeks
Sinn Féin’s Pearse Doherty says 450,000 PAYG customers are being abandoned by Government.
Govt will not oppose SF motion on protections for PAYG customers and banning of disconnections
Minister Eamon Ryan is understood to be working on a new action plan.
‘No reason’ why anyone in financial hardship should lose power this winter, McGrath says
Minister Michael McGrath told the Dáil ‘sufficient supports’ are in place to protect people.
Bríd Smith: Expansion of data centres is not going to help our serious energy woes
The People Before Profit TD says our fondness for data centres is driven by misplaced servility to the whims of corporates.
Minister meeting energy companies to discuss protections for PAYG and vulnerable customers
The minister is also discussing customers supports and charges with the service providers.
Consumer price inflation forecasts revised upwards to 8% by the Central Bank
A report by
Hayley Halpin
The Central Bank has published its latest quarterly bulletin today.
The Central Bank has published its latest quarterly bulletin today.
The Bank says energy-driven inflation is the key issue being faced currently.
The outlook for domestic growth over the coming quarters is "more challenging than was previously expected", it says.
Food businesses remaining closed early in week to save on energy costs
Cost cited as most important factor for Irish consumers when buying food
Cabinet signs off on plan for three €200 energy credits
The credits are due to be paid in November, January and March.
125,000 Electric Ireland customers in arrears as company told €3m hardship fund is 'pittance'
The company’s hardship fund, which is there to aid customers struggling to pay bills, will be reviewed into the winter.
Tánaiste says pay-as-you-go utility users will not be included in winter cut-off moratorium
‘A moratorium on disconnection for electricity this winter needs to be a moratorium for everybody,’ Mick Barry told the Journal.
Budget 2023: What measures have already kicked in?
Some measures included in the €11 billion budget have already been enacted.
All households to receive energy credits worth a total of €600
The first credit, worth €200, will be applied to bills in November.