Wholesale electricity prices jump 15% in July as global energy shock continues
The CSO said electricity prices were up by 56.2% over the 12 months to July but still shy of 2022 peak
Stories related to heating and electricity costs
The CSO said electricity prices were up by 56.2% over the 12 months to July but still shy of 2022 peak
Restoration of cuts to be kept under review while geopolitical situation remains uncertain, Minister says
Consumers prioritising lower bills over environmental reasoning by a factor of 10 to one
Companies will bid in an auction early next year to supply energy into grid from new power plants
Not only have we saved on heating bills, but we have dramatically reduced our carbon emissions
Absence of any clear path to end of hostilities in Gulf means prices will likely remain elevated
Energy supplier blames volatile markets for 7.6% increase and says it can no longer absorb higher costs
While nudges can be quick, easy and effective, serious policy action usually requires a regulatory or tax alteration
Latest Consumer Price Index indicates inflation rose by 3.4% in July
Washington accuses Tehran of failing to honour agreement to reopen vital Strait of Hormuz shipping route
Plus: 14 young cattle die of dehydration on Tipperary farm
Diesel up 19 cents and petrol up 9 cents from July, AA Ireland says, with further rises expected
Nobody believes these fantasy targets, but as they are still ‘policy’, everyone has to pretend they are relevant
Payments will be taken from bank accounts of direct debit customers starting this week
On The Money: Winter is coming but it doesn’t have to cost the earth
Islamic republic determined to retain a degree of control over the chokepoint
I hope that the €14,000 limit will be raised in the budget
Vital public investment has too often been sacrificed to protect current services and minimise tax bills
Flare-up comes after apparent three-day pause in fighting
Climate Change Advisory Council also warns against further delay of rises in carbon tax
Tax Strategy Group papers show how challenging it is to deliver real gains when inflation eats away at value
Energy price hikes to remain until middle of next year as conflict in Middle East worsens
Former chancellor contradicts new PM’s administration on source of funding for electricity bills VAT cut
The Government must not go back to energy credits for all
US carries out fresh wave of attacks as the number of American casualties rises
Energy charity seeks national policy on using surplus wind energy to power low-income homes
But outlook for Irish economy remains ‘volatile’ amid uncertainty around global energy prices
The best news, analysis and comment from The Irish Times business desk
Switching to electricity to heat and cool our homes and power our industry is the most effective way of cutting emissions
Cuts are due to expire at end of July, with Taoiseach and Tánaiste saying there will be no ‘cliff edge’
CSO data indicate volume of sales was unchanged last month
Storage facilities in the EU are not being refilled fast enough ahead of colder months
Marginal reduction in IT employment is probably one of the first manifestations of AI influencing the economy
Report highlights challenges to construction growth
Crosswords & puzzles to keep you challenged and entertained
How does a post-Brexit world shape the identity and relationship of these islands
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