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Heating oil: average prices in Ireland 2000-2018

Average prices of heating oil in Ireland from 2000 to 2018 (in euros per 1,000 liters)

by Ian Tiseo, last edited Sep 27, 2019
Heating oil: average prices in Ireland 2000-2018 August 2018 saw heating oil prices in the Republic of Ireland reach their highest levels since 2014, following three consecutive years of growth. As of August 2, 2018, those purchasing heating oil in the Republic of Ireland could expect to pay 692.6 euros per thousand liters of oil.

Heating oil prices across Europe

While Irish residents may be feeling the pinch of rising heating oil prices, prices there are far from the highest in Europe. Residents of the Netherlands could expect to pay 1,062 euros per 1,000 liters as of August 2, 2018, while those in Denmark were paying 1,290.3 euros per 1,000 liters.

Prices in Great Britain were slightly cheaper at this time, coming in at 638.1 euros per 1,000 liters.

Low carbon heating: moving beyond oil

Burning fossil fuels is a carbon intensive means of heating buildings, and some governments as well as lobby groups are looking for low carbon solutions for keeping warm during winter. The German Government, for example, has moved to ban the installation of new oil heaters as soon as 2026. The United Kingdom’s Renewable Heat Incentive (RHI) scheme has so far seen 1,872 oil burning units replaced with solar thermal systems.
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Average prices of heating oil in Ireland from 2000 to 2018 (in euros per 1,000 liters)

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