SEAI publishes Ireland’s 2020 National Energy Balance

Highlights Energy Related CO2 emissions 11.5% lower in 2020 Most significant emissions reduction since 2009 recession and is largely due to COVID-19 impacts Total energy consumption down by almost 9%, largely due to reductions in transport use Energy related CO2 emissions fell by 11.5% (4.3 million tonnes) in 2020, which is the most significant annual…

Inside Britain’s energy crisis – and how to fix it

Wind farms deliver almost a fifth of Britain’s electricity, but a freak anticyclone has hovered over Western Europe since mid-August, bringing calmer weather and low wind speeds, sapping power production.  According to energy consultant Cornwall Insight, wind typically accounts for 18pc of the nation’s power mix, a share which has dropped to just 2pc in…

Power struggle with Europe as UK grid battles to keep the lights on

Britain’s power grid has repeatedly fallen below its targeted frequency level this year, raising fears that it is struggling to cope with intermittent energy supplies. It comes amid rising international energy costs and a recent drop in wind power due to particularly still weather. Earlier this week the UK was forced to bring a coal-fired power plant…

U.K. Energy Price Cap to Increase by GBP139 This Winter as Gas, Power Prices Soar

The energy watchdog said the increase will affect 15 million U.K. customers between October 2021 and March 2022. Around 11 million households on default tariffs paying by direct debit will see a GBP139 increase, to GBP1,277, compared with the summer 2021 price. Four million prepayment customers will see a GBP153 raise, to GBP1,309, it said.…

Work on €50m energy project at Moneypoint to begin within weeks

Work on a new state-of-the-art energy stabiliser will begin in Moneypoint Generating Station in the coming weeks. The €50m synchronous compensator is a key aspect of the ESB’s multi-billion Euro Green Atlantic development. The new compensator will be the first in the country and will incorporate the world’s largest flywheel used for grid stability. Due…

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…

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