Energy Partners Ireland

15/05/2026

The next 48 hours could tell us a LOT about where global energy prices are heading.
Tensions in the Middle East and the Strait of Hormuz — one of the world’s most important oil and LNG shipping routes — are now reaching a critical point.
With reports of increased US naval positioning, including the movement of Ohio-class ballistic missile submarines through Gibraltar, pressure is building rapidly on Tehran to make a decision.
At this stage, it’s very much a “commet or quit” moment for Iran.
If the situation stabilises, wholesale electricity and gas prices could fall sharply over the coming weeks.
If it escalates again, markets could react just as quickly in the opposite direction.
For businesses coming up for electricity or gas renewal, timing has never been more important.
At Energy Partners, we are monitoring wholesale markets daily and advising customers when to:
Fix rates
Stay flexible
Or move onto tracked/wholesale products with the option to fix later
The energy market is moving fast — and the next few days may shape pricing for the rest of 2026.
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Photos and video courtesy of David Parody. A US Navy nuclear-powered ballistic missile submarine sailed from Gibraltar on Tuesday morning after a short stop. The vessel arrived on Sunday evening under heavy armed es**rt and berthed on the South...

23/04/2026

With the recent cost-of-living protests across Ireland, the pressure on energy costs is very real for businesses and households alike. A large portion of electricity bills now comes from non-energy charges like network costs and levies — not the actual electricity itself. If there’s any real benefit to EU involvement, this push to fund grid upgrades at a European level should help reduce the burden on Irish consumers. It’s time these costs are addressed to bring meaningful relief where it’s needed most.

Households could see some of the taxes and charges that make up their electricity bill fall.

15/04/2026

Ireland & Oil – What’s the Reality?

With oil prices rising, many are asking if Ireland should reopen offshore oil exploration. The short answer: it wouldn’t have a major impact on prices or supply.

Ireland uses around 120,000 barrels of oil per day, but our only refinery in Whitegate can process about 75,000 barrels — and not all of that becomes usable fuel like petrol or diesel.

Whitegate can cover most petrol demand
Only ~40% of diesel demand
Just ~15% of home heating oil

The rest is imported, mainly from the UK.

Even if Ireland produced its own oil offshore:

It wouldn’t increase fuel output (we’re limited by refinery capacity)
It wouldn’t reduce prices (oil is sold at global market rates)

Ireland has strong supply security, but poor price control — because global markets and taxes drive what we pay, not where the oil comes from.

19/03/2026

Recent attacks on key energy infrastructure, including the world’s largest LNG facility, have pushed energy markets into uncharted territory.

What was expected to be short-term disruption now looks like it could last much longer, with price impacts already extending into 2026.

While Ireland has strong renewable growth, we still rely heavily on imported gas, which sets electricity prices. That means events in the Middle East are now directly affecting costs here at home.

Volatility is now the new normal

For businesses, the key takeaway is simple:

Stay informed

Review your options

Don’t leave your energy on autopilot

Whether it’s fixing rates or staying flexible, having a plan in place is more important than ever.

At Energy Partners, Our Procurement Service Will Save Your Business Time & Money. Get in touch with our Experts Today!

04/03/2026

ATTENTION BUSINESS OWNERS: As oil and gas prices rise amid Middle East tensions, it’s important to keep the bigger picture in mind.

While disruption in the Strait of Hormuz can impact global energy markets, most analysts believe any significant supply shock is likely to be short-term (around 1–3 months).

There are several reasons why a prolonged disruption is unlikely:

• Air and intelligence dominance from the U.S. and Israel significantly limits Iran’s ability to sustain large-scale operations.
• Missile and drone capabilities are constrained, with dispersed launches far easier for modern air defence systems to intercept.
• Gulf airspace is heavily protected, with Patriot and other Western air-defence systems already in place.
• Global pressure to keep shipping routes open would be immediate, as a prolonged closure of the Strait would severely impact international energy supply.

In short: while geopolitical tensions can create short-term price volatility, structural and military constraints make a prolonged disruption unlikely. *Commercial energy rates have increased by 10 cent on the unit, not the right time to secure fixed rates. We have however variable tariff options with no fixed term - please contact us to today to put a plan in place for your business energy costs - 071 9678093

As the closure of this vital shipping route shows, the structural vulnerability of maritime trade and supply chains is often underestimated

08/10/2025

Energy costs are squeezing small businesses — and the latest Budget didn’t go far enough..
While the 2025/26 PSO levy has been reduced, we’re still seeing average electricity unit rates rise by ~1.3c/kWh. Why? Because wholesale prices are up, network & infrastructure charges are rising, and risk buffers.
The government’s Budget 2026 introduced several measures — VAT on gas and electricity has been locked at 9% until 2030 and the R&D tax credit has increased to 35%.

These are welcome steps, but they don’t touch the non-energy costs (grid charges, delivery, compliance, administration) that are a huge burden for small businesses.
It’s time for the government to go further and force down non-energy costs for local SMEs and level the playing field.

Small businesses need:
Reform of regulated network & grid charges
Greater transparency in cost build-up from supplier to consumer
Targeted relief on business rates, licensing, or regulatory overheads
If we don’t act, tighter margins mean jobs, community services, and growth all suffer.

Let’s push for supporting Irish small businesses, not burdens them.
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29/09/2025

Big News for a Sustainable Future! 🌍 Partnership Spotlight: Energy Partners & Honestly Farm Kitchen
We're thrilled to announce a significant milestone in our mission to bring sustainable energy solutions to Irish businesses! 🇮🇪

Energy Partners has successfully helped our valued customer, HonestlyKitchen, transition their entire operation—including two bustling restaurants and their industrial bakery—to 100% carbon neutral electricity supply using Guarantees of Origin (GOs).

What does this mean for Honestly Farm Kitchen?

For every kilowatt-hour (kWh) they consume, a corresponding Guarantee of Origin verifies that an equivalent amount of clean, renewable energy has been produced and fed into the European grid. It's the gold standard for documenting renewable energy use and immediately reducing their corporate carbon footprint (Scope 2 emissions).

Metric Details
Annual Consumption ∼500,000 kWh
Irish Carbon Intensity 223 g of CO 2 per kWh
Estimated Annual Carbon Savings 111,500 kg (or 111.5 metric tonnes) of Carbon 🤯

This is more than just a certificate; it's a powerful statement of commitment to the environment and a major step in the decarbonisation of the hospitality and food production sectors.

Huge congratulations to the team at Honestly Farm Kitchen for their leadership! We're proud to be their partner on this journey toward a cleaner, greener operation.

18/09/2025

Ireland’s Energy Update:

Summer 2025 saw record electricity imports (625 GWh in June) thanks to the Greenlink Interconnector.

Cheaper UK & EU power is flowing in, cutting carbon but raising energy security concerns.

Ireland imported 25x more power than it exported in 2024 — 14% of supply.

With the Celtic Interconnector due in 2028 and strong French nuclear output, imports are set to rise further.

With market volatility ahead, now is the time for businesses to review energy contracts and lock in competitive rates. Our free annual service helps 5,000+ Irish businesses save money and reduce risk.