Ireland's Energy Supply and Security of Supply

First Look: Ireland's Energy Supply and Security of Supply in 2023

This First Look report provides key insights into Ireland’s energy supply and the security of that energy supply in 2023. The primary data source for these insights is the interim 2023 national energy balance, published by SEAI on 1st of May 2024. Supplementary data is taken from SEAI’s monthly updates on electricity, gas, and oil supply, and data publicly available from the Eurostat database.

For convenience, this report is published in two separate PDFs:

• Part A provides key insights on the trends in energy supply and security of supply
• Part B provides detailed plots and graphs spanning all energy products and supply streams relevant to the Irish market, as well technical definitions, and underlying data.

Key content

Energy supply

• Breakdowns of Irelands national energy requirement by energy product and time
• Breakdowns of Ireland’s electricity supply by source and the role of interconnector electricity imports
• Trends in solar generation from rooftop panels and utility scale solar-farms
• Trends in road transport energy demand, including biofuel blending
• SEAI estimates of energy-related emissions in the context of carbon budget sectoral emission ceilings

Security of energy supply

• Breakdown of Irelands energy requirement by supply stream, i.e. by imports, indigenous production, etc.
• 2022-to-2023 changes in net imports and indigenous production by energy product
• Ireland’s overall energy import dependency and product specific import dependencies
• The refinery dependence of gasoline, diesel, and kerosene delivered to the Irish market
• Country of origin for key oil-products like crude oil, diesel, gasoline, and kerosene
• The emergency oil stocks held by Ireland in EU member states.

Further reading

This new report provides annual updates on the security of Ireland’s energy supply. Further background on the broader topic of energy security can be found in SEAI’s Energy Security in Ireland 2020 report, and in the Government’s Energy Security in Ireland to 2030 strategy.