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Annual wholesale electricity prices up 68% in January

Summary by RTÉ
New figures from the Central Statistics Office show that wholesale electricity prices rose by 22.3% in January compared to the prevous month and were 67.7% higher than January last year.

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Annual wholesale electricity prices up 68% in January

New figures from the Central Statistics Office show that wholesale electricity prices rose by 22.3% in January compared to the prevous month and were 67.7% higher than January last year.

·Ireland
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Business PlusBusiness Plus

Wholesale electricity prices were over 67% higher in January

Wholesale electricity prices rose by 22.3% in the month to January but were 67.7% higher compared to January 2024 new figures from the Central Statistics Office show. However, despite the rise, wholesale electricity prices are still 56.8% below the peak that occurred in August 2022. The latest data also shows the overall Energy Products Index rose by 6.3% in January 2025 and was up by 2.0% in the year since January 2024. Meanwhile, domestic prod…

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RTÉ broke the news in Ireland on Friday, February 21, 2025.
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