Green electricity developer Strategic Power is launching a venture that it says will aid businesses in reducing energy bills.
The company said on Tuesday that Strategic Power Connect will design and install renewable systems on customers’ premises that will allow them secure set energy deals.
Strategic Power’s systems will allow companies strike power-purchase agreements with electricity suppliers.
Under these deals, businesses pay wind or solar farms directly for their electricity.
Marty Morrissey gets an A+ in new football rules, even if some pundits aren’t yet sold
Breda O’Brien: Nicole Kidman’s Babygirl isn’t the ‘hottest film this year’. It might be among the most depressing
High noon for developer Paddy Kelly, who faces run-in with the sheriff over unpaid rent arrears
Pat Leahy: Angry Dáil scenes were partly the result of Sinn Féin’s determination to be a more aggressive Opposition
According to the supplier, its systems do not require customers to spend money.
A turbulent recovery for tourism and air travel
Tourism and air travel have rebounded strongly in 2022 after two years of pandemic restrictions. But both are also facing major issues around pricing, staff and availability of product.Hotelier Lorraine Sweeney and Irish Times Business Affairs Correspondent Mark Paul outline some of the problems faced by the hospitality sector. Ciarán is also joined by aviation expert, Joe Gill of Goodbody, to discuss how airlines across Europe are faring and whether the queuing at Dublin Airport will have a lasting impact on Ireland’s reputation as a tourism destination.
Strategic Power will fully finance, design, build and operate the systems itself, said the company.
Strategic Power Projects managing director Paul Carson said the company was launching the business in response to demand from large energy users to cut their costs.
“Our market research and constructive discussions with potential clients has highlighted just how much we can help with that,” he added.
