Friday February 21, 2020

Surge pricing remains the order of the day

We’ve got increased competition and cheaper sources of energy. So why are electricity prices rising?

Daniel Murray

Business Reporter

21st July, 2019

Energia’s announcement at the beginning of this month of a €3 billion investment in renewables is just the latest development in a fast evolving electricity energy market. With substantially increased competition from electricity providers, plans to connect our electricity grid to mainland Europe, a new policy encouraging consumer self-generation of electricity, and clear incentives shifting the wholesale markets away from fossil fuels, it’s all to play for.

But with all this...

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