Energy | Business Post

Bord na Móna to pay state ‘enhanced’ €38m dividend after posting record profits

Semi-state reported record operating profits of more than €95 million for its 2023 financial year

Bord Gáis cuts electricity and gas by 15.5% as prices remain double 2020 levels

Reductions announced by energy company will save customers around €357 a year on electricity

Irish energy prices ‘out of line’ with Europe, Central Bank warns

Bank says high electricity costs contribute to uncertainty surrounding inflation

Permission for €650 million Shannon LNG facility refused by An Bord Pleanála

An Bord Pleanála said it would not be appropriate to proceed with any liquefied natural gas (LNG) facilities in Ireland

Flogas announces 30% price cut for customers

It is the sixth company in Ireland to announce a reduction in prices

Government business support scheme flops with just €129 million claimed to date

Just €129 million worth of claims have been made under the Temporary Energy Support Scheme, which was given a budget of €1.3 billion

Tullow Oil hits ‘inflection point’ as profits plummet to $70m

Rahul Dhir, the chief executive at Tullow Oil, said the company was at an “important inflection point” in the evolution of the firm’s business plan

Leo Varadkar tells major energy companies to cut prices as prices remain high

Varadkar said he was “particularly concerned” about what companies are doing to help their most vulnerable customers

BP chief executive Bernard Looney resigns over ‘past relationships with colleagues’

Kerry man was appointed in 2020 to transform the oil producer to an integrated energy company

Leo Varadkar: windfall tax will be spent on energy relief for businesses and households

Speaking on RTÉ radio, the Taoiseach said that he will meet energy companies in the coming weeks to put pressure on them to reduce prices

Irish firms ‘kicking the carbon emissions can down the road’ amid energy pressures

Study of 300 large organisations shows half delaying their net-zero plans due to problems in the energy sector

Electric Ireland to reduce prices in move that could cut customers’ bills by €400 a year

Energy provider has announced 10% reduction in electricity prices, and 12% in gas prices, from November 1

Businesses with oil tanks to benefit from new energy support scheme

Scheme will cover half of energy price hikes for 22,000 businesses using oil tanks

Fianna Fáil TD accuses Eamon Ryan of sitting on power supply crisis report for six months

Barry Cowen says the state ‘keeps failing the public on security of energy supply, costs and strategy’

Development of offshore wind sector could save consumers ‘hundreds of millions’ of euro

Earlier this year, four projects made successful bids in the first offshore energy support auction, with plans of delivering over 3,000 megawatts of clean, renewable energy.

Wholesale energy prices fall to lowest point in two years

Costs fell by 64 per cent in year to July

Climate & Environment

Budget 2024 state’s last chance at meeting 2030 climate targets, wind industry warns

Group is calling on government to sufficiently resource planning system to accelerate renewable energy projects

Yuno’s entry to energy market forecast to force competition on prices

New energy supplier charging 38.4 cent per kilowatt hour, the lowest price providers can go to at present

Ukraine to bolster European energy security as expert touts positive outlook for winter gas supply

It comes as the EU has already filled its gas storage to almost 90 per cent, two months ahead of target

Planned ‘second carbon tax’ will add 10 per cent to energy bills

New renewable heat rule will require energy firms to use a certain volume of biogas in their supply to customers