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The Latest Breaking News from ESB

Can Manchester avoid a winter of blackouts?

Worst-case scenario could see country left short of power

Manchester Evening News

Irish-based energy trader Erova’s profits drop to €5.7m

The after-tax profits Dublin-based energy trading provider Erova Energy – which was co-founded by two former ESB executives – fell last year to €5.7m from €8.5m the previous year, newly filed accounts for the business show.

Irish Independent

The Earth's Corr: Alliance MLA is right to be embarrassed by our Electric Vehicle infrastructure

Just over 8,000 out of 1.2m cars are EVs and we have only 337 public charge points

Belfast Live

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Electricity customers to get a refund in rare piece of good news on energy

HOUSEHOLDS and businesses have received some rare good news after the energy regulator decided to refund them money on their electricity bills.

Irish Independent

'Most new dwelling completions since 2011' with 53.4% increase in second quarter of 2022

The new dwelling completions series by the CSO is based on the number of domestic dwellings connected by the ESB Network to the electricity supply

Irish Mirror

53.4% increase in new dwellings ‘most completions per quarter since 2011’

There was a 53.4% increase in new dwelling completions in the second quarter of the year, which is the most completions seen in any quarter since the series began in 2011, according to the Central Statistics Office.

Irish Independent

Government plans being drafted for windfall tax on energy companies

Tax strategy advisers are preparing a scheme to allow the Government to levy a windfall tax on energy companies.

Irish Independent

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Fourth Electric Ireland price hike in one year sparks fears of energy cost spiral

Household budgets are set to be walloped by more energy price hikes.

Irish Independent

Paying coal and gas plants to supply back-up energy a ‘retrograde step’, Clean Energy Council says

‘It’s the wrong policy debate at the wrong time,’ industry says of capacity mechanism

The Guardian - AU

Industry slams grid transmission proposals

Regulators’ plans for new controls on how power is transmitted to homes and businesses have been rejected by the industry as out of date and poorly explained.

Crikey

Australian voters have sent Peter Dutton a clear message; he would be silly to miss the cue

Dutton’s choice to continue a policy of wrecking in energy highlights the challenge Albanese has in seeking to end the destructive decade

The Guardian - AU

The national electricity market is a failed 1990s experiment. It's time the grid returned to public hands

A crisis, as the saying has it, combines danger and opportunity. The dangers of the current electricity crisis are obvious. The opportunity it presents is to end to the failed experiment of the national electricity market.

The Conversation

Why including coal in a new ‘capacity mechanism’ will make Australia's energy crisis worse

Australia’s electricity generators would be paid extra money to be available even if they don’t actually generate any energy, under a new mechanism proposed by the federal government’s Energy Security Board (ESB).

The Conversation

‘High-risk’ energy overhaul could prop up fossil fuels, experts warn

Australian consumers may end up paying to extend the lifespan of fossil fuels unless a planned overhaul of the electricity market is handled carefully.

The New Daily

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The Guardian - AU

Chris Bowen says states can decide how to provide backup energy generation but must meet 2030 target

The Energy Security Board recommends paying generators to keep extra capacity in the national grid to reduce the risk of blackouts

Crikey

Energy Security Board admits CoalKeeper will keep coal — just not ‘intentionally’

The Energy Security Board insists a capacity mechanism isn’t about propping up coal, but admits that’s exactly what could happen.

ABC News

New 'capacity mechanism' could pay coal and gas generators for reliable electricity supply

A draft plan for a new "capacity mechanism", aimed at ensuring stability in the national electricity grid, could see coal and gas generators paid for reliable power supply.

The Guardian - AU

‘Stakes never higher’: energy board releases capacity market blueprint

Energy Security Board says fossil fuel generators might need to be paid to stay in business to retain capacity

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Irish Independent

ESB signs deals for three gas-fired power plants to be built in Dublin

An Irish unit of US stock market-listed group Argan has signed multi-million-euro engineering and construction services contracts with ESB to build three gas-fired power plants in Dublin as part of measures to underpin the country’s stretched generation capacity.

The Guardian - AU

Labor wants review of Australia’s gas supply trigger ‘within weeks’ to avoid future shortage

Cabinet agrees to extend mechanism into next year and review will look at supply as well as prices

Irish Independent

ESB powerline work could cause foetal abortions in our mares and cows, trainer tells High Court

Frank Dunne, a member of the Dunnes Stores family, has brought a High Court challenge over access to his stud farm for refurbishment work on an electricity power line.

Irish Independent

Frank Dunne challenges work on power lines on his stud farm lands

Frank Dunne, a member of the Dunnes Stores family, has brought a High Court challenge over access to his stud farm lands for refurbishment work on an electricity power line.

Irish Mirror

ESB to hire for 1,000 new roles in Ireland over the next three years

More than 300 of these roles will be for graduates, apprentices and trainees

Dublin Live

Dublin jobs: ESB hiring 1,000 people in major recruitment campaign

There are a variety of roles up for grabs

Irish Independent

ESB to hire 1,000 people to accelerate net zero strategy

ESB is to recruit 1,000 people over the next three years to support the delivery of its net zero carbon emissions strategy.

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