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Ireland Energy Cost Squeeze Tightens as Wholesale Electricity Soars 77% and Budget 2027 Fuel Fight Intensifies | Lavamgam

Economy

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Ireland Energy Cost Squeeze Tightens as Wholesale Electricity Soars 77% and Budget 2027 Fuel Fight Intensifies

76.9% — the year-on-year jump in wholesale electricity prices, hitting a four-year high in August as Middle East conflict continues to rattle energy markets.

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Wholesale electricity spikes 77% annually — CSO data shows prices jumped 9.6% on a monthly basis in August, with energy fuels including petrol and diesel surging 34.5% year-on-year, driven by global oil prices from the Middle East conflict
Home heating oil up 79% in a year — the...

4d ago

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