Wholesale prices are dropping, but they are still historically expensive and are still highly volatile. There has been no period of consistent falling prices that would indicate prices will not increase again.. Supply is still… Read More
Gas prices on wholesale markets have increased dramatically through 2021 and 2022 as a result of the Russian invasion of Ukraine and the subsequent conflict as well as economies such as China reopening since Covid. Read More
Electricity prices are linked to gas prices as gas fuel represents 69% of a gas generators input costs and also 46% of Ireland’s electricity demand in 2021 was met by gas fired generators. https://www.semcommittee.com/sites/semc/files/media-files/SEM-22-021%20Generator%20Financial%20Performance%20for%20FY2020%20Report.pdf… Read More