Vayu

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As Shell’s Corrib gas field was producing gas at a high rate during 2016, its value had to be written down.

The Corrib natural gas field off the west coast lost €140 million last year, according to accounts filed by its operator, Shell E&P Ireland. Glob(...)

Wind energy accounted for about 27 per cent of overall electricity generation on the island of Ireland in September, compared with 22 per cent in August.

Irish wholesale gas prices were more than 50 per cent more expensive on average last month compared with September last year. Irish wholesale electric(...)

Vayu noted that winter gas prices have risen by 8 per cent in the past six weeks.

Irish wholesale gas prices are set for “considerable” volatility this winter, following a 30 per cent year-on-year surge in the fuel’s cost in August.(...)

Irish wind farms have the capacity to generate 3,736 megawatts of electricity, the equivalent of nine average-sized power plants. Photograph: David Sleator

Businesses energy bills are poised to fall this winter on the back of declining natural gas prices, figures released by one supplier show. According (...)

Energy supplier Vayu predicted on Wednesday that the lack of storage would create greater uncertainty about gas prices during the winter. Photograph: iStock

Irish energy prices could rise this winter following the closure of a key natural gas storage site in Britain, one supplier has warned. UK group Cent(...)

Vayu energy efficiency manager Ciaran Gahan pictured at the launch of the company’s new fund

Energy supplier Vayu has launched a new fund that it says will allow clients to cut their bills by investing in new equipment. The company says that (...)

Vayu attributed the reduction in gas prices since the corresponding month a year ago to “continued healthy supply, lower oil prices and decreased demand”.  Photographer: Kristian Helgesen/Bloomberg

The wholesale gas market has “normalised” in October, after a trough in September caued by a supply overhang, according to this month’s Vayu Energy Re(...)

There are around 1.7 million households in the Republic and at least half have remained (foolishly) loyal to their electricity and gas suppliers over the last five years. Photograph: iStockphoto

Irish consumers have collectively wasted close to €1 billion over the last five years by spending way more than necessary to heat and light their home(...)

Vayu said the drop in gas prices was due strong supplies, decreased demand and falling oil prices. Photograph: Christopher Furlong/Getty Images

Irish wholesale gas prices have fallen 35 per cent since this time last year, according to the latest energy market report from Vayu Energy. Vayu, (...)

Vayu supplies gas to about 20 per cent of Ireland’s industrial and commercial market.

Irish-owned energy supplier Vayu has been acquired by the Spanish utility giant Gas Natural Fenosa (GNF)for an undisclosed sum. Vayu, which was est(...)

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