Oireachtas Joint and Select Committees

Wednesday, 24 September 2025

Joint Oireachtas Committee on Climate, Environment and Energy

Engagement with the Commission for Regulation of Utilities

2:00 am

Mr. Jim Gannon:

On hedging practices in general, as the wholesale electricity price spiked in the early days and months of the energy crisis that followed the Russian invasion of Ukraine, we saw the hedging strategies mitigate consequent price increases in retail. That lagging effect is what we expect from hedging strategies. As wholesale prices have decreased, we have seen a decrease in retail prices from the highs of the past 18 months, but they have stabilised. We noted------...

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