Targeting the energy-hungry with a virtual power plant

22nd April, 2015
6
Paddy Finn of Electricity Exchange Picture: Press 22

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...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 6 months ago

The Daily Briefing

The Daily Briefing