Electricity ‘to stay' at current price level

Electricity prices will stay at current levels despite economic growth and the building of data centres boosting demand, according to Moody’s Investors Service.

Electricity prices will stay at current levels despite economic growth and the building of data centres boosting demand, according to Moody’s Investors Service, writes Eamon Quinn

Demand will rise significantly in the coming years putting pressure on prices, which will also be under pressure from increases in carbon taxes and the requirements of data centres in particular.