Government scrambles to avoid further price hikes amid emergency power supply plans

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

Ireland Headlines News

Ireland Latest News,Ireland Headlines

The state is scrambling to find alternative ways to pay for emergency power generators that would avoid the costs being passed on to homes and businesses, the Business Post can reveal.

Energy The state will have to double the importation of planned emergency power generators in 2023 to prevent blackouts, but is looking for alternative ways to pay for it rather than passing on costs to homes and businesses

The government is scrambling to find alternative ways to pay for emergency power generators that would avoid the costs being passed on to homes and businesses, the Business Post can reveal. One source said that the prospect of consumers’ bills being increased to pay for the emergency measures to prevent winter blackouts at a time of already high energy inflation would be “politically explosive” and that work was under way to prevent it.

Source: Energy Industry News (energyindustrynews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It's all reaction with this shower, throwing money at every problem but no solutions to anything.

Solar panels on peoples' roofs, on schools, any building capable of taking them. They produce immediately. Install now, at scale, pay back by micro generation scheme, tax deductible, whatever it takes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Louth manufacturer to exit examinership after court approves planPremier Periclase came under pressure amid dramatic energy prices rises via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Amarenco and SSE among groups to win green Eirgrid contractsAmarenco and SSE among groups to win green Eirgrid contracts via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Pay deal needs to be fair to public servants and taxpayers, McGrath saysGovernment needs to be careful to avoid ‘wages chasing inflation,’ Minister says Yeah just give all the dosh to the welfare spongers and property developers Does yer man work for the electricity company? And to private workers who are also taxpayers without the perks of public service jobs.
Source: IrishTimes - 🏆 3. / 98 Read more »

Ticket prices for concerts set to rise due to inflation | JOE.ieThe rising cost of fuel and insurance and a labour shortage could lead to price hikes 🤣🤣🤣 Slane gig generates around €8m in ticket sales alone. Absolutely no need to hike prices
Source: JOEdotie - 🏆 31. / 51 Read more »

Ticket prices for concerts set to rise due to inflation | JOE.ieThe rising cost of fuel and petrol and a labour shortage could lead to price hikes
Source: JOEdotie - 🏆 31. / 51 Read more »

Irish firms suffer with renewed supply chain problemsIrish businesses are once again having to restructure their supply chains, amid renewed disruption caused by the resurgence of Covid-19 in China, the Ukraine war and soaring fuel costs.
Source: rtenews - 🏆 1. / 99 Read more »