The Smarter Finance for EU consortium, which is aiming to unlock €100bn worth of green homes across Europe, announced the launch of a European centre of excellence to promote green home certification and investment across Europe at the Irish Green Building Council’s annual residential conference in Dublin.

As Russia weaponises gas exports, the European Commission has proposed a gas demand reduction plan, to cut use in Europe by 15 per cent until next spring.

Our abundance of holiday homes and other vacant dwellings could be used to house Ukrainian refugees, writes Mel Reynolds.

Energy minister Eamon Ryan is preparing to go to Brussels for an energy ministerial meeting next Monday should the Ukraine/Russian gas dispute continue. “While this is a serious situation, Ireland remains unaffected by the dispute at this time” he said. The minister said that his department, the energy regulator and Bord Gáis are closely monitoring developments as they unfold.

 

Russia today reduced it's gas flow to Europe via the Ukraine to a quarter of normal levels. Russian energy firm Gazprom said the cut was designed to compensate for the gas it claims Ukraine is illegally siphoning off. Ukraine denies the allegations.