Despite an expanding renewables energy sector, total energy related emissions of carbon dioxide in the Irish Republic rose last year by almost four per cent compared with the previous year. In the UK emissions fell by just under three per cent. There...
Wholesale gas prices have fallen by 40 per cent over the course of the last twelve months according to the latest Wholesale Energy Market Report published by Vayu Energy. The company which recently announced an expansion into Northern Ireland put the...
Longstanding Housing Executive manager Noel Rice has picked up the top prize at the Annual Action Renewables Association Awards 2016. He beat off tough competition to win the Outstanding Award for Work in the Renewable Energy Sector.Here's the assess...
While electricity prices these days never present a static picture thanks to the entry of new suppliers, the landscape should be clearer when Power NI’s price cut comes into effect on Thursday, April 1.The company, which still retains the loyalty of ...
The cost of gas and electricity is set to fall as regulated suppliers review their costs.Power NI started to examine its tariff before Christmas. It's understood that the company which has over half a million domestic customers will announce its new ...
The firmus Energy Index touched a new low in July as world markets continue to be swamped by a surplus of oil. The Index, which tracks wholesale fuel prices in Northern Ireland, dropped to 74. That’s the lowest figure recorded since the benchmark was...
Continuing weakness last month in the global oil market has moved the firmus Energy Index close to a six year low. The widely regarded measure of Northern Ireland wholesale fuel costs fell by four per cent to stand at 84 in June. Oil prices had been ...
Three new energy suppliers are set to make their presence felt over the next few months.Belfast based Open Electric has already declared its hand. It is building its appeal partly on a willingness to share its profits with consumersManaging Director ...
In a change from the norm, gas rather than oil decided the direction of wholesale energy last month. A steady stream of imported LNG (Liquefied Natural Gas) helped drive the firmus energy index down by four per cent which now stands at 87. Th...
The cost of gas, which is the main fuel used by power stations, has dropped year on year by about 20%. So why is the price of electricity coming down by just 5% as evidenced by the Budget Energy announcement? Put plainly, wholesale fuel costs ar...
