Wholesale electricity prices in Ireland rose 4.6% in July but are still 10.3% lower than last July.

Wholesale electricity prices in Ireland fell by 74% from their peak in August 2022 but saw a 4.6% increase in July compared to June. Despite this recent rise, prices remain 10.3% lower than in July last year. The increase may impact consumers and businesses as winter approaches, potentially due to higher energy demand and global market fluctuations.