Irish wholesale electricity prices fell this year

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Noel Cunniffe, CEO of Wind Energy Ireland, said: “The first half of the year has been strong for Irish wind farms which have helped to protect Irish families and businesses from the worst effects of relying on expensive imported gas."

Official Press Release Wind Energy Ireland:

Irish wholesale electricity prices fall by 35 per cent compared to June 2022

Wind Industry Profile of
Irish wholesale electricity prices fall by 35 per cent compared to June 2022

The price of wholesale electricity was 35 per cent lower in June 2023 when compared with June 2022. Irish wind farms provided a third of the island’s electricity over the first six months of 2023.

The average wholesale price of electricity in Ireland per megawatt-hour during June 2023 was €117.11, down from €181.84 the previous year. Reported by Met Éireann as the warmest June on record in Ireland, the continued hot weather spell in recent weeks meant that, at 20 per cent, the share of demand met by wind energy last month was down in comparison to June 2022. Prices on days with the most wind power saw the average cost of a megawatt-hour... ... More: Official Press Release Wind Energy Ireland

Wind Energy Ireland, electricity prices, June, Ireland, Met Éireann, reform, government, wind farm

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