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Summer Irish energy prices to stay above average to 2029

Summer Irish energy prices to stay above average to 2029

Heather Trudeau
combined cycle gas turbine, Cornwall Insight, Finance & Markets, North-South Interconnector, Northern Ireland, renewable capacity, republic of ireland, summer 2022, wholesale gas prices
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Summer Irish energy prices to stay above average to 2029: Research from Cornwall Insight looking at the All-Island Power Market outlook to 2030, has shown that gas prices across both Northern Ireland and the Republic of Ireland will vary significantly between the seasons, with the summer months seeing much higher prices, despite the lower demand.…
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Summer 2022 price cap

Summer 2022 price cap predicted to rise to £1455

Heather Trudeau
Cornwall Insight, default tariff cap, Efficiency & Environment, Finance & Markets, Gas, Ofgem, summer 2022, tariffs, Top Stories, wholesale energy
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Summer 2022 price cap predicted to rise to £1455: Despite the Winter 2021-22 default tariff price cap being a new record at £1,277, the latest forecast from Cornwall Insight modelling indicates that the Summer 2022 cap will see a further increase of approximately 14% increase against the Winter 2021-22 cap – taking the Summer 2022…
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