Report: Irish Government Should Cut Power Prices

Wind Industry Profile of

Decisions made by the next Government could nearly halve the price of renewable electricity in Ireland or increase it by as much as a third. These are the findings of a new report, Saving Money, published this morning – Global Wind Day – by Everoze for the Irish Wind Energy Association who are calling for an industry task-force to cut the price of renewable electricity.

Over the last 20 years the price of onshore wind energy has been falling steadily. Wind farms in the Nordic countries are selling power at prices as low as €30 per megawatt-hour (MWh) while in Spain, Germany, Turkey and Poland prices have fallen to €40/MWh. In comparison the average annual price on Ireland’s wholesale electricity market over the last 10 years has ranged from... ... More: Official Press Release IWEA

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IWEA, report, power price, electricity, industry, price, wind energy, price, costs, task force, renewable energy, market, international