June 2025 Gas Demand Plummets: What This Sudden Drop Means for Your Investments and the Future of Energy Markets

Ever wonder what it takes for a nation’s gas demand to hit rock bottom? Well, June 2025 just gave us a striking example from Ireland — a 7% plunge compared to the previous year, marking the lowest June consumption since records began in 2018. It’s not just some mild dip; power plants, which gulp down the lion’s share of gas, cut back by 8%, and households plus small businesses took an even steeper nosedive of 14%. Why? Part of the story lies in reduced domestic production—thanks to maintenance at Corrib gas field—and slightly lower imports, signaling a seismic shift in supply and demand patterns. If you think these numbers are just stats, think again — they reveal how industries adapt, markets reshape, and opportunities arise in energy’s evolving landscape. Curious about what’s driving this tumble and what it means for the future of Ireland’s gas market? LEARN MORE

Gas demand in Ireland hit record lows in June 2025, according to the latest figures from the Central Statistics Office (CSO).

Overall networked gas demand fell 7% compared with the same month in 2024, marking the lowest level recorded for June since the CSO series began in 2018.

Power Plants, which account for the majority of networked gas consumption, saw an 8% decline year-on-year.

These facilities represented 70% of total demand in June, underlining their central role in gas usage. Non-Daily Metered customers—primarily households and small businesses—recorded an even sharper fall, with demand down 14% compared with June 2024.

Imports also dipped slightly, falling 2% in June compared with the previous year.

However, the largest supply impact came from domestic production, which was 22% lower than June 2024 levels.

The CSO noted that maintenance works at the Corrib gas field contributed significantly to this decline.

Over the first half of 2025, trends show a mixed picture.

Indigenous gas production was down 15% compared with the same period in 2024, while imports rose by 1% to compensate.

On the demand side, households and small businesses consumed 7% less gas in the first six months of 2025, while Power Plant demand was marginally lower, down 1%.

Announcing the publication of Networked Gas Daily Supply and Demand June 2025, the CSO highlighted the downward trajectory.

Orla McCarthy, Senior Statistician in the Climate and Energy Division, said: “Total gas demand in June 2025 was 7% lower compared with June 2024.

“This was the lowest total gas demand recorded for the month of June since the time series began in 2018.

“Power Plants, which are the largest consumers of networked gas, showed an 8% reduction in consumption in June 2025 compared with June 2024.

“Gas demand by Non-Daily Metered customers, who are largely domestic users and small businesses, also showed a reduction in gas consumption in June 2025, which was down 14% compared with June 2024.”

The figures highlight a significant shift in both supply and consumption patterns, with falling demand from major sectors and constrained domestic production reshaping Ireland’s gas market in 2025.