Editor’s Pick Ireland | SEAI: Transport takes the largest share of energy in Ireland

Energy-related CO2 emissions fell by 1.2% in 2018, according to the latest publication of Energy in Ireland, an annual report by the SEAI which presents the key trends in energy production and consumption.

Published on 12 December 2019, the report shows how Ireland’s energy system is evolving in response to decarbonisation policy, economic growth and increased demand for energy services. Unusually for Europe, Ireland’s overall demand for energy continues to rise, but despite this increased demand, energy-related CO2 emissions fell slightly. The largest contributing factor to this fall was the reduction in coal used for electricity generation due to a technical fault at coal-fired generator, Moneypoint.

The report marks Ireland’s performance against the Renewable Energy Targets which state at least 16% of gross final energy consumption (GFC) must come from renewables by 2020. This is a mandatory target under the EU Renewable Energy Directive and is typically split into three modes: Electricity, Transport and Heat. Transport remains the largest energy-consuming mode since 2013, closely followed by heat. Electricity is consistently the smallest share of final demand.

Related thinking

Low carbon generation

Diversifying the Irish Energy Mix, could hydrogen be the answer?

The recent news that Nord stream has resumed flows into Europe will ease some of the fears of supply shortages heading into the winter for us all and have associated knock-on effects pricewise. Although back flowing, the EU commission on Wednesday urged countries to cut gas use by 15% over...

Commercial and market outlook

Ofgem outlines thinking on protecting credit balances and RO payments

This article is an extract from our Energy Spectrum publication issued on Monday 25 April. If you are interested in receiving critical policy, regulatory, market and transactional developments across the energy sector, and would like a free full sample of Energy Spectrum, please request a copy here. You only need...

Energy storage and flexibility

All-Island Power Market Outlook to 2030

This report provides an annual overview of trends for the All-Island Power Market out to 2030 using outputs from Cornwall Insight’s latest forward curve for the All-Island (AI) Single Electricity Market (SEM) covering Northern Ireland and the Republic of Ireland. This publication is based on comprehensive market and asset-level power...

Commercial and market outlook

2021’s most exciting ‘Charts of the week’

Some of our team have looked back throughout 2021 and picked their most exciting 'Chart of the week'. Read about their choices and click through to read the full 'Chart of the week'. To do so, you need a free Cornwall Insight account which is easy to create here. Green...

Announcement

Our GB 2021 Consultancy highlights

We are independent advisors operating across the energy value chain. Our team of passionate energy experts has supported over 120 customers in 2021. This includes generators, developers, investors, network companies and public bodies.Here is a small selection of our work in 2021: Cornwall Insight’s consultancy team provides high-quality insight across...

Heat networks

Heat and buildings strategy: Key points

On 19 October, the government released the Heat and Buildings strategy outlining how the government will tackle the decarbonisation of the built environment to help meet the UK net zero ambition. Our experts have taken a quick look at the strategy and highlighted the key points. Heating The strategy makes...

E-mobility and low carbon

Net Zero Strategy: key points

Yesterday, the government announced its long-awaited Net Zero Strategy, a 368-page document that provides a route the nation will take to a net zero economy. The strategy outlines how spending will be prioritised for power, fuel supply and hydrogen, industry, heat and buildings, transport, natural resources, and greenhouse gas removals....

Home supply and services

Shaken, not stirred: The fate of the supply market

This Energy market perspective was taken from our Energy Spectrum publication on 4 October 2021. To find out more about a free trial to Energy Spectrum, find out more here or contact Robert on r.buckley@cornwall-insight.com. As we enter the winter 2021-22 trading season, the energy supply market remains in intense...