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Is NIE likely to appeal its price control?

Will NIE Networks reject the price control announced by the Energy Regulator just before the weekend and appeal the matter to the Competition and Markets Authority? The Regulator cut the amount of Capex and Opex that the company, a subsidiary of E...

Published on 27/03/2017

Mild winter helps to lower wholesale energy prices

Wholesale energy prices here fell by nearly 18% in February as increased imports into the UK of LNG combined with mild weather continued to push prices downwards. However, the Vayu Energy Report shows that despite this substantial drop wholesale pric...

Published on 26/03/2017

Gas price hike could have been greater

The announcement of a 7.6% increase in the cost of gas for homes and small businesses in Belfast comes after a surge in the wholesale cost of fossil fuels on world markets.The new tariff which has been approved by the Energy Regulator takes effect on...

Published on 03/03/2017

Gas price hike prediction

Gas prices are being reviewed by the Energy Regulator and the new tariffs when they're announced will kick in at the beginning of AprilWe’ll know soon enough what the new costs will be but for what it’s worth here’s my prediction. It’s a very rough a...

Published on 23/02/2017

An energy firm to watch

The company which spotted that the wholesale cost of power went negative one morning last month is probably the most interesting Irish energy firm you’ve never heard of. Electroroute reported that for three half hour periods on December 9, suppliers ...

Published on 15/01/2017

World breakthrough for Ireland's grid operators

It’s one thing for wind farms to be able to generate large amounts of  electricity but it’s another being able to manage those volumes of intermittent energy on the network.That is the huge challenge the two grid operators on the island, including SO...

Published on 11/01/2017

Power at 5 pence a unit but not here

Households across the water are to be offered the chance to buy electricity at just 5 pence a unit. Admittedly the rock bottom price from Green Energy is only available between the hours of 11pm and 6 am. For most of the time, customers will pay ...

Published on 02/01/2017

Market loses supplier after wholesale price rise

When Open Electric went into administration last Thursday it was the end of the road for the small Belfast based company.Their supply licence was revoked which meant they could not continue to sell electricity. Their 1,100 customers have been transfe...

Published on 21/12/2016

Regulator plays down role of exports in power price surge

 The Energy Regulator has rejected a claim that exports of electricity to Great Britain have been a major cause in driving up the wholesale cost of power here.In a note to detailing the background to the recent rise in prices, the Regulat...

Published on 02/11/2016

Enquiry needed into rising cost of power

Since it first became clear that the wholesale price of electricity had markedly shifted upwards, explanations have been offered to explain the change. Just to recap: the wholesale cost of power has been around £30 a MWh or 3 pence a kWh for many ...

Published on 30/10/2016

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