ESB power station opens in North

A NEW £200 million gas-fired power station built by the ESB in Northern Ireland will help hold down electricity prices, according to the energy regulator.

Douglas McIldoon said the Coolkeeragh power station in Derry, which opened yesterday, should stop prices rising by as much as they would have without it.

"Gas prices are about three times what they were three or four years ago and, therefore, prices will not come down as a result of this station," he said.