The cost of natural gas shortages in Ireland

► The cost of losing three months of gas-fired power could be as high as 80 billion euro or 50% of GDP in Ireland. ► Losing gas for heating for three months would add another 8 billion euro on average. ► The best response in an outage is to cut power to industry first. ► The costs of a 90 day gas disruption in Ireland would far outweigh the cost of investing in a 90 day storage facility.