- Will Goodbody at RTE News is reporting that the proportion of the price of diesel accounted for by tax will hit 54% following an expected increase in the carbon tax in October's budget. This will put Ireland at the top of the European league when it comes to tax on diesel, alongside Malta, according to Fuels for Ireland. Fuel sector seeks action on high petrol and diesel prices (rte.ie)
- John Dolan in the Echo, looks ahead to rising fuel costs this winter and the Government’s role in this matter Fuel prices continue to soar: It’s time to call the Government out (echolive.ie)
- As reported in the Business Post, proposed EU tariffs on Chinese electric goods will do little to halt the ongoing price war in the sector, an Irish dealer has said. Extra tariffs of between 17.4 per cent and 38.1 per cent will be applied on?EVs?from China, in addition to the existing duty of 10 per cent. EU tariffs on Chinese EVs won’t stall price war, dealers claim | Business Post
- RTé reports that oil prices continued to rise today due to concerns that the ongoing Gaza conflict could escalate and disrupt oil supplies in the Middle East. Additionally, the prospect of imminent U.S. interest rate cuts has improved the global economic outlook, boosting fuel demand. Early this morning, Brent crude futures increased by 53 cents, or 0.7%, reaching $79.55 per barrel, while U.S. crude futures rose by 51 cents, or 0.7%, to $75.34 per barrel. Oil climbs on Mideast escalation fears, US rate cut hopes (rte.ie)
- Japanese firm Sumitomo Electric has announced the completion of the Greenlink Interconnector cable project between the UK and Ireland. The 38 mile subsea high voltage direct current (HVDC) cable runs from Pembrokeshire in Wales to Great Island in County Wexford, Ireland. The project will allow electricity to flow between the two countries in either direction depending on supply and demand. UK-Ireland Greenlink interconnector cable completed (energyvoice.com)
- Plans to build an 88.5 hectare solar farm near Nenagh have been granted the green light by Tipperary County Council. Renewable Energy Systems (RES) Ltd lodged an application with the council on February 7 this year for planning permission to construct the energy project in the townlands of Kerane, Fawnlough and Ballynaclough, Nenagh, Co Tipperary. Tipperary planners give green light to 88.5 hectare solar farm near Nenagh | Irish Independent
- Comparative data of the most common heating fuels used in the home has revealed that liquid fuel had the lowest average running costs over the past four years. The independent findings were published by the Sutherland Tables which compares the annual space and water heating costs for different technologies in an average three bedroom property. Liquid fuels are cheapest domestic heating technology over past four years - New findings - Installer Online
- The Irish Independent is reporting that more than €10m worth of generator engines meant to tackle the State’s electricity supply shortage have been stranded in Dublin Port for over a year as they are too heavy to transport on the M50 toll bridge. The machines were shipped to Ireland last summer by German manufacturer MAN Energy Solutions to be brought to two industrial estates in Dublin. Generators to combat power shortages are stuck at Dublin Port as they are too heavy for M50 | Irish Independent
