Electricity bills should fall marginally after CRU cuts PSO levy

The PSO levy is paid by all electricity customers in Ireland and is used to support the renewable energy sector. Following a review of the PSO cost submissions, the CRU’s final calculation is that a PSO levy of €263.70 million will be required for the 2021/22 PSO year. This represents a decrease of €129.43 million…

UK targets Ireland’s offshore wind sector in renewables trade push

The UK is looking to bring Irish firms on board for joint bids in future renewable energy projects, including offshore wind. Britain’s trade envoy to Ireland told the Irish Independent that offshore wind was a major opportunity for investors on both sides of the Irish Sea, as both governments have made made ambitious renewable electricity targets. “It’s all about building…

 

 

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