Irish electricity prices 8th highest in Europe in 2024

Why is Irish electricity so expensive? Economists have crunched the numbers

The culprit is gas, which exposes Ireland to volatile international markets.

Irish households had highest electricity prices in Europe in 2024, new study finds

Energy credits did not bring Ireland back to EU average, ESRI research found

Electricity bills in Ireland among the highest in Europe

Dependence on natural gas and rising network charges blamed by experts for high energy costs

Irish electricity prices 8th highest in Europe in 2024

Irish electricity prices were the eighth most expensive in Europe in 2024, according to research from the Economic and Social Research Institute.

Families suffer as our electricity prices are now highest in EU

Ireland has the highest electricity prices in Europe before taxes, levies and energy credits are taken into account, a new study shows. Ireland’s exposure to international gas prices helped push up residential power prices, as 29% of it comes from gas-fired generating plants. Wind turbines supplied 22%, and the rest was a mix of coal, peat, oil, burning waste, solar, and hydroelectric. The ESRI study released yesterday explains: ‘Taking into acc…

Ireland has the highest electricity prices in Europe

Ireland has the highest electricity prices in Europe before taxes, levies and energy credits are taken into account, a new study shows. Ireland’s exposure to international gas prices helped push up residential power prices, as 29% of it comes from gas-fired generating plants. Wind turbines supplied 22% and the rest was a mix of coal, peat, oil, burning waste, solar and hydro-electric. The ESRI study released yesterday explains: “Taking into acco…