Ireland aims to generate 80% of its electricity from  renewable resources by 2030, in line with the EU’s Renewable Energy Directive target of 42.5% for member states. however, growing electricity demand due to the electrification of heat, transport, and business activities is placing increased pressure on the grid. As a result, smart energy solutions and new funding models are becoming critical for business to control energy usage. Barry Sherry, CEO of ACEL Energy, highlights the role of modern energy management systems. ‘Smart meters will be vital,’ he says. ‘They allow businesses to take advantage of dynamic pricing. Electricity will be more expensive during peak hours  like mornings and evenings, but businesses can benefit from cheaper tariffs or store energy when demand is low’ This flexibility helps companies reduce energy costs and optimse usage.