Ireland energy report
This analysis includes a comprehensive Ireland energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2018 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Institutions & Energy Policy
The Department of Communications, Climate Action and Environment (DCCAE) is responsible for the country's overall energy policy, including energy security, and competitiveness, governance of public energy companies and sustainable energy policy.
With the commissioning of the Corrib field in 2016, the country's natural gas production jumped to 3 bcm/year. Before this, it had been falling since the mid-90s (0.13 bcm in 2015 compared to 2.7 bcm in 1996) because of gas being supplied from the Kinsale field, which is due to cease production in 2021.
In addition to VAT, the excise tax for gasoline amounts to €8.74c/l, including a carbon tax of €4.6c/l, and for diesel to €4.79c/l, including a carbon tax of €0.53c/l (2019). The road fuel prices are very close to the EU average. Prices vary with international crude oil prices.
Graph: GASOLINE & DIESEL PRICES (€/l)
In 2018, consumption per capita was 2.8 toe (down from 3.2 toe in 2010) and 10% below the EU average. Per capita electricity consumption was 5 600 kWh in 2018, in line with the EU average.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Issues & Prospects
According to the Generation Capacity Statement 2018-2027, EirGrid expects the electricity demand to grow by between 20% (low scenario) and 57% (high scenario) by 2027 reaching 35 TWh and 45 TWh for each scenario, respectively.
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY SUPPLY
- ENERGY PRICES
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
Below is a list of the Ireland energy market report graphs:
- GRAPH 1: CO2-energy emissions (MtCO2)
- GRAPH 2: Installed electric capacity by source (2018, %)
- GRAPH 3: Gross power production by source (TWh)
- GRAPH 4: Power generation by source (2018, %)
- GRAPH 5: Gasoline & diesel prices (€/l)
- GRAPH 6: Electricity prices for industry and households (€c/kWh)
- GRAPH 7: Gas prices for industry and households (€c/kWh GCV)
- GRAPH 8: Consumption trends by energy source (Mtoe)
- GRAPH 9: Total consumption market share by energy (2018, %)
- GRAPH 10: Final consumption market share by sector (2018, %)
- GRAPH 11: Oil consumption (Mt)
- GRAPH 12: Oil consumption breakdown by sector (2018, %)
- GRAPH 13: Electricity consumption (TWh)
- GRAPH 14: Electricity consumption breakdown by sector (2018, %)
- GRAPH 15: Natural gas consumption (bcm)
- GRAPH 16: Gas consumption breakdown by sector (2018, %)
- GRAPH 17: Coal consumption (Mt)
- GRAPH 18: Coal consumption breakdown by sector (2018, %)
In the Ireland energy market report you will find the following tables:
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
- Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.
The Ireland energy market data since 1990 and up to 2018 is included in the Excel file accompanying the Ireland country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Ireland Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Ireland energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).
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