Skip to main content

Limerick, Ireland – Nov. 21, 2011 – Irish Minister for Finance Michael Noonan has officially launched a new energy initiative, aimed at helping large and small industries reduce their energy bills and make them more energy efficient. Energy Point has been established by Procad Engineering in Limerick.

A full range of energy management services to industry will be provided. Energy Point will carry out energy audits and identify energy-saving opportunities. The company employs 18 people in Limerick and they hope to create up to 10 high-end jobs over the next 18 months. Along with Procad Enginerring, the initiative will use the expertise and technologies developed by two other local Limerick firms, EpiSensor and ResourceKraft.

Also on the employment front, Minister Noonan was also present for the official launch of the Univeristy of Limerick Innovation Centre, which aims to support high potential companies to deliver jobs in the region. The centre will be housed in the Tierney Building to provide a link between UL’s industry-informed research and business innovation in the knowledge intensive industries. It aims to support the establishment of 35 new start-up companies between now and 2016 and generate 115 jobs.

Source: RTE News

Stay up to date on LinkedIn

You May Also Like

Green pastures along Antrim coast, Ireland, representing EpiSensor's response to Ireland's Green Strategy

Empowering Ireland’s Green Future: the Significance of IoT Infrastructure

| News | No Comments
EpiSensor is proud to have submitted a response to the Department of the Environment, Climate and Communications public consultation on Ireland’s Long-Term Strategy for Greenhouse Gas (GHG) Emissions Reductions, following their call to action earlier this year.  A specific aspect…
Electricity Grid Image

The Grid’s Growing Pains: A Case for Virtual Power Plants

| Insights | No Comments
The growing global demand for energy, driven by population increases, economic growth and EV adoption, coupled with the integration of renewable energy sources, has exposed the limitations of our existing grid infrastructure. In this article, we delve into the factors…
EpiSensor Wireless Electricity Monitor ZEM and Demand Response Controller ZDR_Driving accuracy in Energy Management

High-Accuracy Electricity Metering: An In-Depth Look at EpiSensor’s Approach

| Insights | No Comments
Accurate electricity metering plays a fundamental role in energy management systems. For organisations aiming to improve energy efficiency and reduce cost, even a small error in metering can have financial implications, or impact the action plan needed to produce savings.…