Heating oil prices in Ireland increased to 645.3 euros per thousand liters in 2021. This was 84 euros more than the previous year, but lower than households paid between 2005 and 2015.
Heating oil prices across Europe
While Irish residents may be feeling the pinch of rising heating oil prices, prices there are far from the highest in Europe. Residents of the Netherlands could expect to pay 1,169 euros per thousand liters, while heating oil prices in Denmark were more than twice those in Ireland.
Low carbon heating: moving beyond oil
Burning fossil fuels is a carbon intensive mean of heating buildings, and some governments as well as lobby groups are looking for low carbon solutions for keeping warm during winter. The German Government, for example, has moved to ban the installation of new oil heaters as soon as 2026. The United Kingdom’s Renewable Heat Incentive (RHI) scheme has so far seen 1,947 oil burning units replaced with solar thermal systems and 9,694 oil burning units replaced with air source heat pumps.
Average prices of heating oil in Ireland from 2000 to 2021
(in euros per 1,000 liters)
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BMWK. (September 27, 2021). Average prices of heating oil in Ireland from 2000 to 2021 (in euros per 1,000 liters) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/597556/heating-oil-price-ireland/
BMWK. "Average prices of heating oil in Ireland from 2000 to 2021 (in euros per 1,000 liters)." Chart. September 27, 2021. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/597556/heating-oil-price-ireland/
BMWK. (2021). Average prices of heating oil in Ireland from 2000 to 2021 (in euros per 1,000 liters). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/597556/heating-oil-price-ireland/
BMWK. "Average Prices of Heating Oil in Ireland from 2000 to 2021 (in Euros per 1,000 Liters)." Statista, Statista Inc., 27 Sep 2021, https://www.statista.com/statistics/597556/heating-oil-price-ireland/
BMWK, Average prices of heating oil in Ireland from 2000 to 2021 (in euros per 1,000 liters) Statista, https://www.statista.com/statistics/597556/heating-oil-price-ireland/ (last visited November 04, 2024)
Average prices of heating oil in Ireland from 2000 to 2021 (in euros per 1,000 liters) [Graph], BMWK, September 27, 2021. [Online]. Available: https://www.statista.com/statistics/597556/heating-oil-price-ireland/
