Energy shock tests Ireland’s inflation outlook as Cork biomethane plant opens

Gas Networks Ireland opened a €32m biomethane grid-injection facility in Mitchelstown, Co Cork, a milestone for the country’s indigenous biomethane industry. It offers a counterpoint to Ireland’s exposure to imported energy: more home-grown supply could help diversify the picture, though the report gives no estimate of the facility’s impact on prices or supply. A promising signal, then—not an immediate bill-saver.

The Bear Case

**Euro zone inflation rose more than...