Northern Ireland to Save £219 Million in Gas Costs by 2025 Through Renewable Electricity
Northern Ireland is set to avoid £219 million in gas costs in 2025, with 47% of its electricity generated from renewables. This includes £158 million savings from displacing gas and £61 million from carbon credits. Renewable generation in 2025 amounted to 3,198 GWh, resulting in a reduction of nearly 1 million tonnes of CO₂. Renewable energy has saved over £1.1 billion since 2022, highlighting the need for policies like the Renewable Electricity Price Guarantee to further enhance local energy production and economic growth.
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Northern Ireland will avoid £219 million in gas costs in 2025 due to a projected 47% renewable electricity generation. The Department for the Economy reported 3,198 GWh from wind and solar, displacing £158 million in gas costs and £61 million in carbon credits.
Onshore wind and solar contributed to a nearly 1 million tonne CO₂ reduction. Since 2022, renewables have retained over £1.1 billion in the region, emphasizing the need for the Renewable Electricity Price Guarantee to attract investment and ensure energy stability amid global price fluctuations.
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