Gas Networks Ireland has said they will wait and see if gas prices rise as a result of the uncertainty over world trade.

Gas provided more electricity than wind energy last month as variable weather conditions had an impact on renewable energy generation efforts.

Last year, the US was the largest supplier of LNG to the EU, accounting for almost 45% of total LNG imports at an approximate market value of €20 billion.

Edwina Nyhan from Gas Networks said there are a lot of unknowns in the sector right now.

“The prices are generally market driven; obviously, market traders will take into account a number of factors including how they see the economy evolving over this period,” she said. 

“So look, like the rest of the world, we’ll just have to wait and see.” 

A liquified natural gas (LNG) ship in Suez Canal. Picture by: Rolf Richardson / Alamy.

Demand for gas rose by 13% last month thanks to bad weather and fluctuating renewable electricity generation; in March, gas produced 39% of Ireland’s electricity as wind generation fell to 33%, according to Gas Networks Ireland.

Overall, gas demand in the first three months of 2025 was broadly in line with the final three months of last year but was up by 2% compared to the same period in 2024.

“When the weather is milder or we have low temperatures or a lot of storms, then we tend to have less wind on the system,” she said. 

“As a result, you have less electricity generated from wind. 

“And what we see is the gas network provides that agile and responsive network in order to ramp up to produce increasing levels of electricity.” 

Taoiseach Micheál Martin has vowed to increase the number of wind farms built in Ireland in order to cut carbon emissions and boost the nation’s energy independence.

Main image: President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House. Picture by: Mark Schiefelbein.