Energy Review
30/01/23 17:51:18 @energy @review
From last weeks review.
- Back in August I stated that the rise in energy costs in Ireland were due to the rise in wholesale gas prices. How does that look now?
- The general conclusion was that gas prices aren’t really why we have high gas prices. It’s at 27c now, but hasn’t been below 23c since
- Electricity prices have changed by 10% last year (up to June) according to SEAI.
- Residential gas prices went up 36% across all consumption profiles.
- With business gas prices going up by 100%.
- So I’d say my conclusions from last week weren’t entirely accurate. Maybe it’s just that the increase in gas prices is not so much seen in electricity bills.
- General review, talking about how the supports of the government helped. Business increases here are nuts!
Climate Action Plan 2022
Buildings
- Generally, looking to see if there is any progress on the national retrofit plan, creating demand etc.
- wow
-
All buildings will need to switch to heat pumps or district heating by 2050, meaning that the gas grid will no longer supply existing homes and commercial premises.
- There’s now retrofitting tax incentives for landlords, based on applying for the SEAI grant, which seems promising.