The Commission for Energy Regulation (CER) has reportedly predicted that electricity prices in Ireland could be set to increase by up to 36% due to rising fuel costs and charges for carbon emissions.

The Minister for Communications, Marine and Natural Resources, Noel Dempsey has announced the appointment of Tom Reeves as chairman of the Commission for Energy Regulation (CER).

ISME has condemned the Commission for Energy Regulation (CER) for sanctioning further price increases in electricity and gas, calling the move a disgrace and a further demonstration of regulatory failure.