The ESB reported an operating profit of €847m last year but said it made no money from its residential customers.
ESB, the semi-state organisation, has reported an operating profit before exceptional items of €847 million for 2022, up from €679 million in 2021.
The company said the increase in profits was primarily due to the impact of higher wholesale prices in its Generation and Trading businesses both in Ireland and Britain. ESB’s generation and trading business operates, develops, constructs and trades the output of power stations and wind farms in Ireland and Britain. This includes ...
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