{"id":685,"date":"2025-08-15T21:27:09","date_gmt":"2025-08-15T21:27:09","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/685\/"},"modified":"2025-08-15T21:27:09","modified_gmt":"2025-08-15T21:27:09","slug":"storm-eowyn-cost-insurers-e301m-while-fossil-fuels-remain-top-power-source-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/685\/","title":{"rendered":"Storm \u00c9owyn cost insurers \u20ac301m while fossil fuels remain top power source \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">The insurance industry\u2019s <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/08\/15\/storm-eowyn-was-most-expensive-event-in-history-for-irish-insurers-final-bill-shows\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/08\/15\/storm-eowyn-was-most-expensive-event-in-history-for-irish-insurers-final-bill-shows\/\">final bill<\/a> for Storm \u00c9owyn, which struck Ireland in January, has exceeded \u20ac301 million, making it the most expensive insurance event in the country\u2019s history. Colin Gleeson reports. <\/p>\n<p class=\"c-paragraph paywall \">This might surprise you but <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/08\/15\/fossil-fuels-behind-over-80-of-irish-energy-use-last-year\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/08\/15\/fossil-fuels-behind-over-80-of-irish-energy-use-last-year\/\">oil and gas<\/a> provided more than 80 per cent of Irish energy last year as manufacturers and transport businesses continued to rely on them for power, according to a new report. Barry O\u2019Halloran has the details. <\/p>\n<p class=\"c-paragraph paywall \">On a similar theme, our columnist <a href=\"https:\/\/www.irishtimes.com\/business\/economy\/2025\/08\/15\/how-ireland-went-from-first-to-last-in-the-race-to-develop-offshore-wind-energy\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/economy\/2025\/08\/15\/how-ireland-went-from-first-to-last-in-the-race-to-develop-offshore-wind-energy\/\">Eoin Burke-Kennedy<\/a> details how Ireland went from first to last in the race to develop offshore wind energy. <\/p>\n<p class=\"c-paragraph paywall b-it-article-body__text--left\">In our <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/08\/15\/as-beer-is-90-water-hike-in-water-charges-means-many-small-breweries-are-going-to-go-out-of-business\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/08\/15\/as-beer-is-90-water-hike-in-water-charges-means-many-small-breweries-are-going-to-go-out-of-business\/\">big read<\/a> this week, Hugh Dooley reports on how a sharp rise in water charges has become the latest headwind to hit Irish craft brewers, threatening the viability of many microbreweries. <\/p>\n<p class=\"c-paragraph paywall b-it-article-body__text--left\">Consumers are increasingly going green with their personal loans, according to <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/08\/15\/spending-on-evs-and-retrofitting-homes-fuels-growth-in-green-personal-lending-bpfi-report-finds\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/08\/15\/spending-on-evs-and-retrofitting-homes-fuels-growth-in-green-personal-lending-bpfi-report-finds\/\">new figures<\/a> on personal lending from the Banking and Payments Federation of Ireland (BPFI). Hugh Dooley reports. <\/p>\n<p class=\"c-paragraph paywall b-it-article-body__text--left\">From pharma to food, Cliff Taylor examines the known unknowns of Trump\u2019s EU tariffs deal. If you\u2019d like to read more about the issues that affect your finances try signing up to <a href=\"https:\/\/theirishtimes.lt.emlnk1.com\/Prod\/link-tracker?redirectUrl=aHR0cHMlM0ElMkYlMkZ3d3cuaXJpc2h0aW1lcy5jb20lMkZuZXdzbGV0dGVycyUzRnV0bV9zb3VyY2UlM0ROZXdzbGV0dGVyJTI2dXRtX21lZGl1bSUzRGVtYWlsJTI2dXRtX2NvbnRlbnQlM0RSU1MlMjUzQUlURU0lMjUzQVRJVExFJTI2dXRtX2NhbXBhaWduJTNEYnVzaW5lc3NfdG9kYXlfZGlnZXN0&amp;sig=4kSj6MVtJhDySXD8zno7jMoXwZGc1dpLM3xhR9Fc9b5k&amp;iat=1673852841&amp;a=%7C%7C89275494%7C%7C&amp;account=theirishtimes%2Eactivehosted%2Ecom&amp;email=Dc0R66saiYNu2sbROXCOD2QOP8ZXmRzMvz3Yw%2BcA7gI%3D&amp;s=0d5371d23ecde798f8f0f88cc635413b&amp;i=21237A21683A12A963031\" rel=\"nofollow noopener\" target=\"_blank\">On the Money<\/a>, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.bw15worklead article 1184 w<\/p>\n<p class=\"c-paragraph paywall \">It can be lonely at the top for chief executives. <a href=\"https:\/\/www.irishtimes.com\/business\/work\/2025\/08\/14\/coping-with-the-loneliness-of-the-ceos-office\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/work\/2025\/08\/14\/coping-with-the-loneliness-of-the-ceos-office\/\">Margaret Ward<\/a> looks at ways they can cope with the stresses of leadership once they reach the corner office.<\/p>\n<p class=\"c-paragraph paywall \">Greencore\u2019s shares soared in July on news that the company was enjoying strong trading and having a better year than previously forecast. As a result, its chief executive <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/08\/15\/the-irish-times-business-person-of-the-month-dalton-philips-greencore\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/08\/15\/the-irish-times-business-person-of-the-month-dalton-philips-greencore\/\">Dalton Philips<\/a> has been chosen as The Irish Times Business Person of the Month for July, an award run in association with Bank of Ireland. <\/p>\n<p class=\"c-paragraph paywall \">Stay up to date with all our business news: sign up to our <a href=\"https:\/\/www.irishtimes.com\/newsletters\/\" target=\"_blank\" title=\"\" rel=\"nofollow noopener\">Business Today<\/a> daily email news digest. If you\u2019d like to read more about the issues that affect your finances try signing up to <a href=\"https:\/\/theirishtimes.lt.emlnk1.com\/Prod\/link-tracker?redirectUrl=aHR0cHMlM0ElMkYlMkZ3d3cuaXJpc2h0aW1lcy5jb20lMkZuZXdzbGV0dGVycyUzRnV0bV9zb3VyY2UlM0ROZXdzbGV0dGVyJTI2dXRtX21lZGl1bSUzRGVtYWlsJTI2dXRtX2NvbnRlbnQlM0RSU1MlMjUzQUlURU0lMjUzQVRJVExFJTI2dXRtX2NhbXBhaWduJTNEYnVzaW5lc3NfdG9kYXlfZGlnZXN0&amp;sig=4kSj6MVtJhDySXD8zno7jMoXwZGc1dpLM3xhR9Fc9b5k&amp;iat=1673852841&amp;a=%7C%7C89275494%7C%7C&amp;account=theirishtimes%2Eactivehosted%2Ecom&amp;email=Dc0R66saiYNu2sbROXCOD2QOP8ZXmRzMvz3Yw%2BcA7gI%3D&amp;s=0d5371d23ecde798f8f0f88cc635413b&amp;i=21237A21683A12A963031\" rel=\"nofollow noopener\" target=\"_blank\">On the Money<\/a>, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.<\/p>\n","protected":false},"excerpt":{"rendered":"The insurance industry\u2019s final bill for Storm \u00c9owyn, which struck Ireland in January, has exceeded \u20ac301 million, making&hellip;\n","protected":false},"author":2,"featured_media":686,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[269],"tags":[962,959,18,440,19,17,961,133,960],"class_list":{"0":"post-685","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-environment","8":"tag-banking-and-payments-federation-ireland","9":"tag-business-today","10":"tag-eire","11":"tag-environment","12":"tag-ie","13":"tag-ireland","14":"tag-renewable-energy","15":"tag-science","16":"tag-storm-eowyn"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=685"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/686"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}