Bord Gáis Irish Energy Index unchanged in August; Up 27% in 12-month period and 57% in 24 months
Sep 5th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Bord Gáis Irish Energy Index (BGEI) remained unchanged at 139 in August 2011 as a fall in oil and natural gas prices was offset by increases in both coal and electricity prices. The upward year-on-year trend for wholesale energy prices continues as the Energy Index is now 27% higher than in August 2010 and 57% higher than in August 2009 indicating that the long run rising trend remains intact.