Wholesale electricity prices up 42% compared to last year

Wholesale electricity prices in June were up 42% compared to the same period last year as the war in the Middle East caused prices to surge, new data from the Central Statistics Office (CSO) shows.

Following a significant spike in oil and gas prices after the US began attacking Iran in late February, prices began to fall across much of June as a ceasefire was agreed by both parties.

You have reached your article limit. Already a subscriber? Sign in

Save €40 on an Annual Subscription.​

Continue reading within unlimited digital access and exclusive subscriber benefits.

Subscribe now

Cancel anytime

Read

Listen

Watch

Play

CONNECT WITH US TODAY

WHATSAPP

NEWSLETTERS

NOTIFICATIONS

Be the first to know the latest news and updates

more articles

Bill to end Ireland’s ban on nuclear power set for Dáil debate

Aer Lingus chief vows to press ahead with job cuts as profits fall €28m

Alan Healy: Irish consumers left in the dark over why food, fuel and energy prices keep rising

More in this section

Independent retailers call for national freeze in commercial rates

Oasis Ticketmaster trial pushed back as CCPC and defence resolve evidence issues

Munster a regional powerhouse in Ireland's €4.1bn drinks industry



Number of social welfare fraud cases sent to courts halves in 10 years

READ NOW