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Electricity Supply in Ireland - Market Research Report (2015-2030)

John Griffin John Griffin London, United Kingdom Last Updated: February 2025 SIC D35.140IE

Revenue

€7.3bn

2025

€7.3bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

1,895

Businesses

11

Wages

€XX.Xm

Electricity Supply in Ireland industry analysis

Electricity suppliers are responsible for delivering electricity to consumers, constituting the final phase of the electricity supply chain. After being opened to competition in 2005, the electricity supply market has displayed notable change in recent years, as efforts to promote competition have threatened the market share of energy giants. At an industry level, Ireland’s energy efficiency drive has weighed on household electricity consumption, though growing demand from large energy users (LEUs) has maintained strong underlying electricity consumption.

Trends and Insights

  • Revenue is dwindling following a surge recorded during the energy crisis. Wholesale prices skyrocketed in the aftermath of the pandemic and following Russia’s invasion of Ukraine and they’re slowly beginning to creep back down, creating a knock-on effect on tariffs.
  • Data centres are underpinning the rise in electricity consumption in Ireland. Electricity consumption from data centres has surged over the last decade and is the dominant driver of increased electricity consumption in Ireland.
  • Dublin is home to the majority of Ireland’s data centres. They collectively accounted for more than one-fifth of Ireland’s electricity consumption in 2023, boosting Dublin’s overall share of consumption.
  • The energy crisis has renewed the dominance of larger suppliers. The energy crisis has forced a number of smaller suppliers out of the market.

Access hundreds of data points and trends

  • Market estimates from 2015-2030
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has grown at a CAGR of 7.8 % over the past five years, to reach an estimated €7.3bn in 2025.

Trends and Insights

Soaring wholesale prices spurs sharp swings in revenue and profitability

  • Following a lull during the pandemic, the reopening of global economies led to excess demand for fuels like oil and natural gas in 2021, driving up wholesale electricity prices. This was exacerbated by Russia’s invasion of Ukraine in early 2022, which caused a renewed spike in input costs. According to the Commission for Regulation of Utilities (CRU), the average wholesale price of electricity was 507% higher in 2022 than the average price in 2020.
  • Additional trends and insights available with purchase
Electricity Supply in Ireland
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to decline over the next five years.

Trends and Insights

Prices are set to remain elevated in the short-term

  • Wholesale electricity prices are likely to remain volatile in the short-term, as geopolitical tensions in the Middle-East and Ukraine continue to push up oil and natural gas prices.

Biggest companies in the Electricity Supply in Ireland

Company
Market Share (%)
2025
Revenue (€m)
2025
3,029.8
1,259.9
1,106.5

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Electricity Supply in Ireland
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Renewables, Gas-fired electricity and Coal-fired electricity. Renewables is the largest segment of the Electricity Supply in Ireland.

Trends and Insights

Gas remains the backbone of Ireland's energy mix

  • Once electricity reaches electricity suppliers, it's a homogeneous good, but further up the supply chain, it's generated from both renewable and non-renewable sources. Gas-fired electricity is generated in thermal power stations.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Operators in this industry purchase electricity from generators and sell it to households and businesses.

What's included in this industry?

Supply of electricity

Companies

Electricity Supply BoardSSE Airtricity LtdEnergia Group Ltd

Purchase this report to view all 5 major companies in this industry.

Related Terms

SMART METERMICRO-WINDMICRO-HYDRO

Industry Code

SIC 2007

SIC 35.14 - Electricity Supply in Ireland

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Revenue is dwindling following a surge recorded during the energy crisis. Wholesale prices skyrocketed in the aftermath of the pandemic and following Russia’s invasion of Ukr...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Data centres are underpinning the rise in electricity consumption in Ireland. Electricity consumption from data centres has surged over the last decade and is the dominant dr...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Dublin is home to the majority of Ireland’s data centres. They collectively accounted for more than one-fifth of Ireland’s electricity consumption in 2023, boosting Dublin’s ...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2025

Tables

  • Number and share of establishments in each region in 2025
  • Number and share of revenue each region accounts for in 2025
  • Number and share of wages each region accounts for in 2025
  • Number and share of employees in each region in 2025

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

The energy crisis has renewed the dominance of larger suppliers. The energy crisis has forced a number of smaller suppliers out of the market.

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2020-2025
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Electric Ireland has consolidated its market share. Electric Ireland has been selected as Supplier of Last Resort (SoLR) for more than 50,000 customers from failed suppliers ...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025
  • Overview of Electricity Supply Board's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of SSE Airtricity Ltd's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Energia Group Ltd's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for Electricity Supply Board, and factors influencing its performance in the industry
  • Description and key data for SSE Airtricity Ltd, and factors influencing its performance in the industry
  • Description and key data for Energia Group Ltd, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The industrial production index alters electricity demand. The industrial sector, a major electricity consumer, has a weighty impact on overall electricity consumption.

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2015-2030) 
  • Assistance historical data and forecast (2015-2030) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Purchase costs have moved in line with volatile wholesale electricity prices. After surging during the energy crisis, purchase costs have fallen as wholesale prices have come...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2015-2030)
  • Revenue per Employee (2015-2030)
  • Revenue per Enterprise (2015-2030)
  • Employees per Establishment (2015-2030)
  • Employees per Enterprise (2015-2030)
  • Average Wage (2015-2030)
  • Wages/Revenue (2015-2030)
  • Establishments per Enterprise (2015-2030)
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Electricity Supply industry in Ireland in 2025?

The market size of the Electricity Supply industry in Ireland is €7.3bn in 2025.

How many businesses are there in the Electricity Supply in Ireland industry in 2025?

There are 11 businesses in the Electricity Supply industry in Ireland, which has declined at a CAGR of 0.0 % between 2020 and 2025.

Has the Electricity Supply industry in Ireland grown or declined over the past 5 years?

The market size of the Electricity Supply industry in Ireland has been growing at a CAGR of 7.8 % between 2020 and 2025.

What is the forecast growth of the Electricity Supply industry in Ireland over the next 5 years?

Over the next five years, the Electricity Supply industry in Ireland is expected to decline.

What are the biggest companies in the Electricity Supply market in Ireland?

The biggest companies operating in the Electricity Supply market in Ireland are Electricity Supply Board, SSE Airtricity Ltd and Energia Group Ltd

What does the Electricity Supply in Ireland include?

Supply of electricity and are part of the Electricity Supply industry.

Which companies have the highest market share in the Electricity Supply in Ireland?

The company holding the most market share in Ireland is Electricity Supply Board.

How competitive is the Electricity Supply industry in Ireland?

The level of competition is moderate and increasing in the Electricity Supply industry in Ireland.

Related Industries

Widen your competitive advantage with related industries

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Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Ireland include:

  • Central Statistics Office
  • Department of Enterprise, Trade and Employment
  • Irish Tax & Customs

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.