Energy | Business Post

Danish firm Ørsted acquires Carlow solar farm that could power 56,000 homes

But the company warned the government more investment was needed in the national grid ‘or we are racing towards a roadblock’

No requirement for new gas power plants to be hydrogen ready

The state is in the process of contracting 2GWs of new gas fired power plants due to Ireland’s power supply crunch

Government policies failing to address both climate and energy poverty – report

Friends of the Earth report found that the government’s existing approach to both emissions reductions and energy poverty are not delivering on either front

Revealed: EU electricity market reform steps back from radical overhaul

The proposed ‘decoupling’ of the price of gas from the price of electricity will not be included in the proposals set to be published

Data centre giants warn minister over delays to back-up energy permits

Microsoft, Amazon and Google seek to expedite applications to EPA for industrial emissions licences needed to ease any future power emergencies

Ireland among highest gas consumers in EU last winter

Failure to reduce usage blamed on very high gas demand for electricity production due to low wind power generation

Shell’s CEO says cutting oil and gas production is ‘not healthy’

Wael Sawan says the demand for fossil fuels is here to stay

Electric Ireland drops energy prices for businesses, but not for households

Wholesale energy costs have fallen to an 18-month low, but the company said it will keep rates for residential users under review

Ibec upgrades forecast as inflation predicted to fall below 4%

Business lobby group says prolonged recession in Europe is unlikely this year due to reduced exposure to energy price inflation

EirGrid and road authority face off over plan for cables under roads

Former head of Irish Water has been brought in to lead working group to explore engineering solutions

Comment: A year on from Russia’s invasion of Ukraine it’s time for Ireland to lead on clean energy

Increasing renewable generation reduces Ireland’s exposure to variable fossil fuel prices and should therefore protect against the kind of volatile price spikes we have seen in the past year

Tánaiste says pan-European supergrid the ‘only way to go’

Micheál Martin was launching a new book from Eddie O’Connor proposing the construction of a supergrid across the European Union to help deliver the clean energy transition

Wholesale electricity prices down 40% in January compared to previous month

CSO figures show that the wholesale cost of electricity is now down nearly a fifth year on year

Irish energy firms to keep bumper 2022 revenues despite government’s new price cap

A forthcoming market price cap on non-gas generators will not apply retrospectively to 2022

Great expectations: how far will government go on cost of living supports?

With easing energy prices calming inflation, the need for state supports has lessened this spring. But ministers are worried that people have been led to expect payouts and will be disappointed by the measures

Cautious optimism, but with stern warnings: an economic forecast for 2023

Michael McAteer, outgoing managing partner of Grant Thornton Ireland, sees a return to confidence since Brexit and the pandemic, but also an acute danger to inward investment in the form of the housing crisis

Biodiversity ‘is of key interest to investors in energy firms’

Energy companies are coming under increasing pressure to disclose their interactions with nature, according to Madeline Hodge of Denmark’s largest renewable energy provider

Report on Ireland’s power supply crunch to be published shortly

Eamon Ryan, the Minister for Environment, commissioned review by former secretary general to the Taoiseach on causes of energy capacity shortfall in coming years

European gas prices slump as energy crisis recedes

Prices have plunged by more than 80 per cent from their August peak

Mica homeowners unable to claim energy grants after red tape row

Property owners trying to bring their houses up to modern standards have been locked out of the state’s retrofit scheme