Targeting the energy-hungry with a virtual power plant
A24-year old electronics engineer in Limerick has established a virtual power plant that will allow companies to make money by using back-up generators to supply power to Eirgrid.
Ten companies have so far signed up to Paddy Finn’s Electricity Exchange, which began trading last September.
Finn and his business partner Duncan O’Toole have invested €250,000 in the venture, spending 20 months developing a power metering and control system that they hope will outperform competitors.
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