DUBLIN, Ireland: Ireland's reliance on wind energy helped the country save over 1.2 billion euros in gas costs last year, according to a new report that highlights the financial and environmental benefits of renewable energy.

The Cutting Carbon, Cutting Bills report, published by Baringa, found that wind farms supplied 32 percent of Ireland's electricity in 2024, significantly reducing the need for gas imports. The shift to wind power led to a direct saving of 748 million euros on gas alone.

March proved to be the most productive month for wind energy generation, saving 120 million euros in gas costs. Meanwhile, December, when gas prices were at their highest, saw the largest single-month savings of 170 million euros.

Beyond the financial benefits, the report also noted a substantial environmental impact. By displacing fossil fuel usage, wind energy helped cut 5 million tonnes of CO2 emissions—equivalent to the annual emissions of 1.8 million cars.

Noel Cunniffe, CEO of Wind Energy Ireland, emphasized the role of wind power in stabilizing energy costs and reducing Ireland's dependence on imported fossil fuels.

"Once again this report highlights the critical role Irish wind farms are playing in driving down Irish energy costs, cutting our carbon emissions, and reducing our reliance on imported fossil fuels," Cunniffe said.

"Rather than importing hundreds of millions of euros of gas, Irish wind farms ensured money stayed where it belongs—at home, supporting Irish workers and businesses."

However, he pointed out that Ireland could have saved even more if not for limitations in the electricity grid.

"Further savings were prevented due to insufficient grid capacity, which meant Ireland was unable to take full advantage of its windiest months," Cunniffe added.