The Government has refused to comment on the effect that the withdrawal of Tenaga Nasional will have on the bidding process for the sale of Bord Gáis.

Following the withdrawal of one of the three bidders from the sales process, it now looks unlikely that Bord Gáis’s retail and power generation division will be sold before 2014.

PEAK demand for electricity is set to increase by 200 megawatts this winter, equal to the needs of 130,000 houses.

VIRIDIAN, the Northern firm that owns the Huntstown power plant in Dublin, has reported flat first-half profits.

LOWER electricity prices may be on the way in the medium term after energy regulators on both sides of the border yesterday agreed a July 2007 deadline for creating a single All-Ireland power market.