Government rules out energy credits as Middle East war sparks potential cost-of-living crisis - News Summed Up

Government rules out energy credits as Middle East war sparks potential cost-of-living crisis


The Government has ruled out introducing cost-of-living supports and energy credits amid growing uncertainty about the economic impacts of the ongoing war in the Middle East. Data centre demand adds to headacheIt comes as an EU report warns that energy bills will get even higher due to the rapid expansion of data centres. 'Households subsidising data centres'In 2023, the energy regulator also wrote to then minister Eamon Ryan about the cost of energy and suggested “ongoing increases in energy sector costs to support electricity demand growth”. However, senior Government sources have completely ruled out energy credits, saying their introduction coming into the summer is “clearly not the answer”. Inflationary impact of energy credits“What seems like the right thing to do today could be wrong tomorrow,” one source said.


Source: Irish Examiner March 09, 2026 06:38 UTC



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