Wholesale energy prices fall due to mild winter

The stormy winter helped to lower energy prices for electricity suppliers, but consumers won't see the benefit just yet.

Wholesale energy prices fall due to mild winter

The stormy winter helped to lower energy prices for electricity suppliers, but consumers won't see the benefit just yet.

Wholesale prices fell by 13% last month, with wind turbines generating 23% of Ireland's energy requirement.

Overall, the Bord Gáis energy index for February fell by 5% with the mild winter also having an impact.

Bord Gáis Energy power trader John Heffernan says that means wholesale prices may fall when it comes to next winter.

more courts articles

Man admits killing Irish pensioner (87) on mobility scooter in London Man admits killing Irish pensioner (87) on mobility scooter in London
Former DUP leader Jeffrey Donaldson arrives at court to face sex charges Former DUP leader Jeffrey Donaldson arrives at court to face sex charges
Case against Jeffrey Donaldson to be heard in court Case against Jeffrey Donaldson to be heard in court

More in this section

Asylum-seekers removed Mount St asylum seekers could face prosecution if they return; 60 arrive at Newtownmountkennedy
RTE pay revelations RTÉ 'unaware' ex-employee jailed for possessing child sex abuse imagery until after resignation
Dental stock 'I routinely take out 20 teeth for two-year-old children': Dentists warn of decay from sugary drinks
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited