Bord Gáis Energy reports profit of €2 million for 2023

The company allocated €3 million to its Energy Support Fund in 2023

Dave Kirwan, managing director of Bord Gáis Energy. ‘We are investing significantly in our hydrogen ready 100MW flexible gas peaking plants in Athlone and Dublin.’ Picture: Fergal Phillips

Bord Gáis Energy, part of Centrica, has reported a profit of €2 million for 2023, a year on year reduction of €34 million.

In a statement on Thursday, the company said it balanced pricing pressure in energy supply with a strong performance from its power generation and trading activities in 2023.

The company added that it continued to invest in “advancing Ireland’s energy transition through industry innovations and supporting customers through the worst of the ...