Energy Green Paper Highlights Energy Cost and Competitiveness Concerns

(08 Jul 2014)

Since 2007, energy prices in Ireland have risen 29% in real terms, compared with an average rise of 20% in OECD Europe. This is in part due to Ireland’s dependence on imported oil and gas and partly due to international trends in energy supply and demand.  The Green Paper highlights energy efficiency as central to ensuring a return to economic competitiveness.


Although energy prices have been stable in the past year, primarily due to soft UK gas prices the long term trend is of increasing energy costs for consumers.  

 



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