The Irish Innovation Awards nominees have been announced with two Limerick businesses making it to the final.
Electricity Exchange and Farmhedge are among the fifteen finalists from established companies and start-ups which have been nominated.
Electricity Exchange, which is based in Plassey, is a Limerick start-up which has developed a fast-acting control and metering system to maximise the revenues which can be earned from Eir-Grid’s DS3 System Services programme.
This product is designed to meter, detect and respond to frequency deviations on the national grid at speeds nearly three times faster than the fastest rate of response required by EirGrid. For its customers the system maximises the reward for being on standby to resolve frequency deviations on the grid.
Farmhedge, which is based in UL, has been nominated in the IT and Fintech category for building a technology platform that enables fast and personalised communication across the agriculture supply chain. Transactions are initiated either on the supply side or demand side and create distinct economic benefits for farmers and the companies they work with.
Sign up for the weekly Limerick Post newsletter
For the Awards, three finalists are nominated in five different categories with the category winners going forward to compete for the overall Innovation of the Year Award. The winners will be announced at a high-profile awards ceremony at the RDS in Dublin on November 5th.
Limerick Post News is your local news website. We provide you with the latest breaking news from Limerick and surrounding areas.
Since 1986, we print over 40,000 newspapers every week and distribute throughout Limerick City, County and beyond. Pick up your free copy today!
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.