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Northern Ireland consumers squeezed financially by a power price hike

The householders in the Northern Ireland will struggle to deal with a hike in the cost of the electricity, starting from October 1st, when the supplier Power NI will increase its prices by almost 20%.

read more... 25/08/2011

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Irish energy prices lower than EU average

According to a recent released report by the Sustainable Energy Authority of Ireland (SEAI), the households in Ireland have been paying lower prices for energy than the EU average price.

read more... 18/07/2011

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Northern Ireland Electricity purchased by Electricity Supply Board.

The state-owned Electricity Supply Board (ESB), purchased Northern Ireland Electricity (NIE) from Arcapita Bank-owned Viridian Group. The acquisition amount was around £1.2bn.

read more... 23/12/2010

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Ireland considers geothermal exploration.

The project consists in the development of the exploitation of geothermal energy to generate renewable electricity in Ireland.

read more... 16/12/2010

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Daily Energy Market Overview, Monday, November 29, 2010

Oil increased to a two-week high by $85 on Monday after the European Union endorsed a rescue package for Ireland and drafted a permanent scheme to resolve the euro zone's debt crisis. ICE Brent for January rose 97 cents to $86.55.

read more... 29/11/2010

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