Monthly Reports

May 2017: Irish Wholesale Gas Prices 18% Higher on Average than May 2016

The Vayu monthly energy report for May 2017 shows that Irish wholesale gas prices are 18% higher (in euro terms) on average this month compared with May 2016. As reported last month, wholesale prices have found a natural floor and …

 

April 2017: Irish Wholesale Gas Prices Increase by 25% Compared With April 2016

Closure of UK storage facility to impact winter 2017 wholesale energy prices The Vayu monthly energy report for April 2017 shows that Irish wholesale gas prices are 25% higher (in euro terms) compared with the average monthly price recorded for …

 

March 2017: Irish Wholesale Energy Prices Drop by Almost 20% as Weak Sterling Continues to Protect Irish Businesses

The average wholesale price of electricity shows an increase of 23% compared with March 2016 Total wind generation capacity in Ireland now stands at 3,615 MW 24th March, 2017: Wholesale energy prices dropped by nearly 20% in the last month …

 

2016 Vayu Energy Annual Report: 19.2% drop in wholesale gas prices in 2016 compared to 2015

2016 Energy Review and Forecast 2017 by Vayu Energy The average wholesale price of electricity decreased by 17.9% in 2016 Wind generation met on average 21% of electricity demand during 2016 There has been a bullish start to 2017 for …

 

November 2016: IRISH WHOLESALE GAS PRICES INCREASE 8% YEAR ON YEAR

  Electricity prices increase 2% compared to last month Wind energy accounted for 22.5% of overall electricity generation so far in November Monday, 28 November 2016: In euro terms, Irish wholesale gas prices increased 8% on average so far in …

 

OCTOBER 2016 Irish wholesale gas prices increase 39% in October due to market nomalisation and a seasonal price adjustment but remain 14% lower year on year

Electricity prices increase 4.6% year on year Wind energy accounted for 22% of overall electricity generation so far in October In euro terms, Irish wholesale gas prices are 14% lower on average this month compared to October 2015. This is …

 

September 2016 Market Energy Report; Irish Wholesale Gas Prices continue to tumble down 45% year on year

30% drop in electricity prices in September compared to September 2015 Wind energy accounted for 21% of overall electricity generation so far in September Monday, 26 September 2016: In euro terms, Irish wholesale gas prices are 45% lower on average …

 

August 2016 Market Energy Report: 35% Drop in Irish Wholesale Gas Prices Year on Year

Collapse in wholesale gas prices due to on-going over supply and weak demand 5% decrease in wholesale electricity prices in August compared to last month Wind energy accounted for 24% of overall electricity generation so far in August.  Monday, 29 …

 

July 2016 Market Energy Report: Irish Wholesale Gas Prices 35% Lower in July 2016 Compared to July 2015

2016 Irish Wholesale Gas Prices continue to decline due to healthy supply and weak demand 27% decrease in Irish wholesale electricity prices in July compared to July 2015   Wind energy has accounted for 19% of overall electricity generation so far …

 

2016 Half Year Vayu Energy Report

 Irish wholesale gas prices down 37% in first six months 2016 (euro equivalent) compared to same period in 2015 21% of total electricity demand in Ireland met by wind energy so far this year (Please see below to download full …

 

37% Drop in Irish Wholesale Gas Prices for May Compared with Last Year

Collapse in wholesale gas prices due to ongoing over-supply and reduced demand 30% drop in Irish wholesale electricity prices for May year-on-year 23% of total electricity demand in Ireland met by wind energy so far this year  Irish wholesale gas prices …

 

45% DROP IN IRISH WHOLESALE GAS PRICES FOR APRIL COMPARED WITH LAST YEAR

  Wholesale gas prices at 6-year lows, driven by abundant supply and strong euro 35%  drop in Irish wholesale electricity prices for April year-on-year 24% of total electricity demand in Ireland met by wind energy so far this year Sunday, …

 

March 2016 Market Energy Report: Irish wholesale gas prices down by 41% in March compared with last year

Wholesale gas prices at 6-year lows, driven by abundant supply and stronger euro 31%  drop in Irish wholesale electricity prices for March year-on-year 19% of total electricity demand in Ireland met by wind energy so far this month  Tuesday, 29th …

 

February 2016 Energy Market Report: 44% DROP IN IRISH WHOLESALE GAS PRICES FOR FEBRUARY COMPARED WITH LAST YEAR

  Dramatic drop in gas prices due to overwhelming supply and weak demand 39%  decrease in Irish wholesale electricity prices for February year-on-year 31% of total electricity demand in Ireland met by wind energy so far this month  Monday, 22nd …

 

29% DROP IN IRISH WHOLESALE GAS PRICES IN JANUARY COMPARED WITH LAST YEAR

  Wholesale gas prices at 6 year lows Dramatic drop in oil prices impacting on longer term gas contracts 14%  decrease in Irish wholesale electricity prices year-on-year 22% of total electricity demand in Ireland met by wind energy so far …

 

2015 Vayu Annual Energy Report: 23% DROP IN IRISH WHOLESALE GAS PRICES IN Q4 2015 COMPARED WITH LAST YEAR

Irish businesses benefiting from 5-year lows in wholesale gas prices
9.4% drop in Irish wholesale electricity prices on average in 2015 compared with 2014
23% of total electricity demand in Ireland met by wind energy in 2015

 

26% DROP IN IRISH WHOLESALE GAS PRICES IN DECEMBER COMPARED WITH LAST YEAR

Wholesale gas prices at 5-year lows
27% drop in Irish wholesale electricity prices year-on-year
33% of total electricity demand in Ireland met by wind energy so far in December

 

26% Drop in Irish Wholesale Gas Prices in November Compared with last year

Norwegian gas exports approach all-time record high 21% drop in Irish wholesale electricity prices year-on-year 29% of total electricity demand in Ireland met by wind energy in November  Monday, 30th November 2015: Irish wholesale gas prices are 26% lower on …

 

13% Drop in Irish Wholesale Gas Prices in October compared with last year

Tuesday, 27th October 2015: Irish wholesale gas prices are 13% lower on average in October compared with October 2014 and 2% lower compared with last month, according to the latest Wholesale Energy Market Report published by Vayu Energy.

 

8% Drop in Irish Wholesale Gas Prices in September Compared with Last Year

Monday, 28th September 2015: Irish wholesale gas prices are 8% lower on average in September compared with September 2014 and 2% higher compared with last month, according to the latest Wholesale Energy Market Report published by Vayu Energy. The company, which supplies gas to over 20% of Ireland’s industrial and commercial market, states that the year-on-year decrease in prices is due to an increase in pipeline gas supplies and a positive outlook for Q4.

 

10% Drop in Irish Wholesale Gas Prices in August 2015 Business Energy Report, Published by Vayu Energy

Irish wholesale gas prices were 10% lower on average in August compared with July, according to the latest Wholesale Energy Market Report published by Vayu Energy. The company, which supplies gas to over 20% of Ireland’s industrial and commercial market, states that the month-on-month decrease was due to a surge in gas supplies from Norway and a glut of shipments of LNG (liquefied natural gas).

 

July 2015 Energy Market Report: 30% Increase in Irish Wholesale Gas Prices Compared with July last Year

Tuesday, 4th August 2015: Irish wholesale gas prices were 30% higher on average in July compared with July 2014, when they reached four-year lows, according to the latest Wholesale Energy Market Report published by Vayu Energy. The company, which supplies gas to over 20% of Ireland’s industrial and commercial market, states that the year-on-year increase was due to a weaker euro, higher demand for gas and lower storage levels throughout Europe compared to last year.

 

2015 Half Year Energy Report: 23% Increase in Wholesale Gas Prices Compared with 2014

Wednesday, 8th July 2015: Irish wholesale gas prices on average were 23% higher in June compared with June 2014, according to the latest Wholesale Energy Market Report published by Vayu Energy. The company, which supplies gas to over 20% of Ireland’s industrial and commercial market, states that the year-on-year increase was due to a weaker Euro, higher demand for gas and a series of unplanned outages in the UK and North Sea.

 

May 2015 9% Increase in Irish Wholesale Gas Prices Compared With May Last Year

May 2015 Business Energy Report Published by Vayu Energy  Irish wholesale gas prices in May (euro-equivalent) up 9% year on year, despite a 4% drop in the sterling price of gas for the same period (gas is traded in sterling) …

 

April 2015 Energy Market Report: 8% Increase In Irish Wholesale Gas Prices

Monday, 27th April 2015: Irish wholesale gas prices are 8% higher on average in April compared with April 2014 and 1% higher compared with last month, according to the latest Wholesale Energy Market Report by Vayu Energy. The company, which supplies gas to over 20% of Ireland’s industrial and commercial market, states that the year-on-year increase in prices is largely due to a significant weakening of the Euro over the last twelve months.

 

March 2015 Energy Market Report: 4% Drop In Irish Wholesale Gas Prices

Monday, 30th March 2015: The cost of buying natural gas on the wholesale market has fallen in March with average wholesale prices in Ireland down 4% year on year, according to the latest Wholesale Energy Market Report by Vayu Energy. The company, which supplies gas to over 20% of Ireland’s industrial and commercial market, states that the drop in prices resulted from increased supplies which have offset higher demand arising from colder weather conditions compared to the same period last year.

 

February 2015 Energy Market Report: Wholesale Gas Prices Up 9%

Monday, 2nd March 2015: Average wholesale gas prices increased by 9% in February compared to January according to the latest Wholesale Energy Market Report by Irish gas and electricity supplier Vayu Energy. The company, which supplies gas to over 20% of Ireland’s industrial and commercial market, states that recent upward pressure on gas prices has resulted from higher year-on-year demand, concerns over North Sea supply earlier in February and heightened tension between Ukraine and Russia.

 

2014 Annual Energy Market Report: Irish Wholesale Gas Prices Down 27% in 2014

Monday, 29th December 2014: The cost of buying natural gas on the wholesale market dropped dramatically over the last twelve months, with average wholesale prices during the year down 27% compared with 2013, according to the 2014 Wholesale Energy Market Report by Irish energy supplier Vayu.

 

November 2014 Energy Market Report: Gas Prices Up 6% in November but Down Year-on-Year

Monday, 24th November 2014: Average wholesale gas prices for November are up 6% compared to last month, driven mainly by a seasonal increase in consumer heating demand and a number of supply disruptions in Norwegian gas fields according to the latest Wholesale Energy Market Report by Irish energy supplier Vayu. Despite this, gas prices are still 20% lower compared to this time last year.

 

October 2014 Energy Market Report: 4% Increase in Gas Prices

October 2014: Average wholesale gas prices for October are up 4% compared to last month on foot of a seasonal increase in demand and a number of unplanned outages at gas terminals and production facilities according to the latest Wholesale Energy Market Report by Irish energy supplier Vayu. Despite this, gas prices are still down 23% compared to this time last year.

 

August 2014 Energy Market Report: Wholesale Gas Prices Down 33%

August 2014: Wholesale gas prices are down 33% compared to this time last year, according to the latest Wholesale Market Report by Irish energy supplier Vayu. While prices increased slightly at the start of the month, they have fallen back in recent days but have not managed to fully offset the risk premium built in due to supply uncertainty from Russia.

 

July 2014 Energy Market Report: 38% Drop in Gas Prices Year-on-Year

July 2014: Wholesale gas prices hit fresh four-year lows in July before seeing a limited rebound due to heightened geopolitical tensions between Europe and Russia, according to the latest Wholesale Market Report by Irish energy supplier Vayu. While the situation in Ukraine continues to pose a risk, its impact on gas prices in Europe is offset by strong supplies, low summer demand and a build-up of larger than normal gas inventories.

 

June 2014 Energy Market Report: Wholesale Gas Prices at 4 Year Low

June 2014: Wholesale gas prices remain 30% lower than the same time last year as a result of continued low demand, high storage levels and plentiful supply, according to the latest Wholesale Market Report from Vayu.

 

May 2014 Energy Market Report: 30% Drop in Wholesale Gas Prices

May 2014: Wholesale gas prices continued to fall in May, trading at levels not seen since 2011 due to a combination of strong supplies, weak demand across Europe and a build-up of larger than normal gas inventories, according to the latest Wholesale Market Report from Vayu.

Joanne Daly Senior Energy Analyst at Vayu Ltd

Joanne Daly Senior Energy Analyst at Vayu Ltd

 

April 2014 Energy Market Report: Drop in Wholesale Prices

April 2014: Wholesale gas prices continued to fall in April as a result of lower demand across Europe and larger than normal gas inventories built up over the last six months,according to the latest Wholesale Market Report from Vayu.

 

What some of our Customers are Saying