ESB Electric Ireland seals €22m deal to service Eircom’s energy needs
Announcing the deal, yesterday, ESB Electric Ireland — as the semi-state energy utility is now called — said that the deal is “a highly flexible, innovative contract”, which will help drive cost-savings and energy efficiency for Eircom.
“Volatility in wholesale energy markets, such has been the case in recent times, can make it difficult for large energy users to accurately forecast their long term needs and costs. We have structured this new contract in a way which brings the client ‘inside’ our energy trading centre and enables them to leverage the expertise and experience we have in managing the gas, carbon and foreign exchange inputs that determine their final energy costs,” explained Derek Russell, industrial/commercial business manager with ESB Electric Ireland.
