“Free Electrons” incubator launches 12 clean energy tech startups

Utility-led “Free Electrons” accelerator programme selects 12 innovative energy startups.

Opportunities for innovation in the energy sector have never been greater.

The changes the sector is undergoing with energy decentralisation and the ability of consumers to manage and automate their environment is opening up new prospects, especially for new entrants unconstrained by the day to day operations of a utility business…..

Perhaps one of the most significant of the innovation initiatives, certainly the most international, is named Free Electrons, which was launched earlier in January this year.

It involves eight major utilities, which have created a global accelerator programme for innovative energy-related startups.

These are AusNet Services and Origin Energy from Australia, Dubai Electricity and Water Authority, Electricity Supply Board of Ireland, Energias de Portugal, innogy from Germany, Singapore Power and Tokyo Electric Power Company.

Alongside them is a network of energy organisations worldwide, currently numbering 50.

The aim of the programme is to enable startups to further refine their products and services, with the potential of testing, developing and offering them into a global customer base of 73 million.

The utilities will offer expertise, resources and access to their respective customer bases in exchange for investment and partnership opportunities.

Indicative of the interest in the programme, the first announcement for participation resulted in 450 applications across 51 countries – and from these 12 startups have been selected.

So who are these companies at the pinnacle of innovation?…source: Engerati – Full article HERE.

What is flexibility, who is an Aggregator you ask? Let these 45 EU projects shine some light…

  • 1. REserviceS
  • 2. aDSM
  • 3. Hybrid-VPP4DSO
  • 4. IndustRE
  • 5. Flexiciency
  • 6. Market4RES
  • 7. eBadge
  • 8. FUSE-IT
  • 9. BestRES
  • 10. Best PATHS
  • 11. Electra
  • 12. EVA+
  • 13. Flex4Grid
  • 14. Future Flow
  • 15. Inspire Grid
  • 16. Integrid
  • 17. Migrate
  • 18. PROMOTioN
  • 19. Dareed
  • 20. Anyplace
  • 21. Discern
  • 22. ESTfeed
  • 23. EvolveDSO
  • 24. Grid+Storage
  • 25. IDE4L
  • 26. Smart Net
  • 27. Venteea
  • 28. Triangulum
  • 29. STORY (LCE-08)
  • 30. ELSA (LCE-08)
  • 31. EMPOWER (LCE-07)
  • 32. ENERGISE (LCE-07)
  • 33. FLEX4GRID (LCE-07)
  • 34. FLEXMETER (LCE-07)
  • 35. NAIADES (LCE-10)
  • 36. NETFFICIENT (LCE-08)
  • 37. NOBELGRID (LCE-07)
  • 38. Migrate (LCE-06)
  • 39. P2P SMARTEST (LCE-07)
  • 40. REALVALUE (LCE-08)
  • 41. SENSIBLE (LCE-08)
  • 42. SMARTER EMC2 (LCE-07)
  • 43. STORE & GO (LCE-09)
  • 44. TILOS (LCE-08)
  • 45. UPGRID (LCE-07)

SME Instrument: EU to invest €8.9 million in 184 innovative businesses

184 small and medium-sized enterprises (SMEs) from 28 countries have been selected for funding in the latest round of the Horizon 2020 SME Instrument.

The funding is provided under Phase 1 of the instrument, which means that each project will receive €50,000 to finance feasibility studies for new products that can disrupt the market. They can also ask for up to three days of free business coaching

[epq-quote align=”align-left”]In this first round in 2017, the European Commission received 2111 proposals by the cut-off date of 15 February. The 184 SMEs selected for funding proposed 178 projects in total (multiple SMEs can be involved in one project).[/epq-quote]

Most of the projects funded were in the area of ICT (36). It was closely followed by low-carbon and efficient energy systems (31) and transport (28).

Italian SMEs were particularly successful with 37 beneficiaries accepted for funding, followed by firms from Spain (33) and the UK (16). Since the launch of the programme on 1 January 2014, 2208 SMEs have been selected under Phase 1 of the SME Instrument. Source: EASME, available HERE.

SME Instrument Phase 1 results February 2017 cut-off

EeB European Initiative, ECTP & E2B Report

The overall vision of the Energy Efficient Buildings European Initiative (E2B EI) is to deliver, implement and optimise building and district concepts that have the technical, economic and societal potential to drastically decrease energy consumption.

[dropcap]T[/dropcap]herefore reducing CO2 emissions in both new and existing buildings across the European Union (EU). The E2B EI aspiration is to manage a €2bn research and demonstration programme from 2009 until 2019. To date the EC has committed €100m for the period 2010 to 2013.

[epq-quote align=”align-right”]The E2B EI will increase the level of research into key technologies and develop a competitive industry in the fields of energy efficient construction processes, products and services.[/epq-quote]

With the outcomes of this research we will be equipped to address climate change and improve EU energy independence.

The E2B EI will work to achieve the following objectives:

• deliver high quality, cost effective research that secures confidence from industry, public and private investors, decision-makers and other stakeholders

• leverage further industrial, national and regional RTD investment

• build close cooperation with research being carried out at international, national and regional levels

• enable the market entry of energy efficiency technologies, allowing commercial market forces to drive the associated public benefits

• place Europe at the forefront of energy efficient buildings and district technologies worldwide

• focus on achieving long-term sustainability and industrial competitive targets for cost, performance and durability

• aim to overcome critical technology problem areas

• stimulate innovation and the emergence of new value chains including SMEs

• facilitate the interaction between industry, universities and research centres

• encourage the participation of the new Member States and candidate countries

• perform broadly conceived socio-techno economic research aimed to assess and monitor technological progress

• target non-technical barriers to leverage markets and carry out research modes to support the development of new regulations

• review existing standards to eliminate artificial barriers to markets

• provide reliable information to the general public on the benefits of new technologies to the environment, security of supply, energy costs and employment

Full brochure/report HERE.

Meeting the carbon emissions challenge in the energy sector

Renewables need to increase four-fold to decarbonise the energy sector by 2050.

[dropcap]W[/dropcap]ith strict targets to reduce carbon emissions in a bid to contain rising global temperatures to within 2℃ above pre-industrial levels, the million dollar question is, can these be met?

For our sector the question is much more than academic. For one thing, the energy sector is the largest contributor to global carbon emissions, accounting for about two-thirds of the total, and therefore the one on whose shoulder the biggest burden of responsibility falls.

But also the response is driving the most far reaching changes the sector has seen, impacting industry players and consumers alike.

Well, the good news is that its technically possible for the industry to do its bit, reducing global energy-related emissions by 70% by 2050 and completely by 2060, according to a new study from the International Energy Agency (IEA) and International Renewable Energy Agency (IRENA), Perspectives for the Energy Transition.

And what does that ‘bit’ involve? Quite simply, at a high level, keep installing more and more renewables.

Renewables first

According to the study, currently renewables generation accounts for 24% of global power and 16% of primary energy supply. In order to achieve decarbonisation by 2050, renewables use will need to increase by four times, contributing to 80% of power generation and 65% of total primary energy supply. This is alongside additional energy efficiency measures and other low carbon technologies including nuclear and carbon capture and storage.

In itself, this won’t be sufficient, however.

[epq-quote align=”align-left”]Significant additional policy interventions will be required to ensure the integration of such high levels of renewables and the accommodation of their flexibility needs.[/epq-quote]

In addition, stronger price signals and carbon pricing would be required to ensure that climate considerations are taken into account in investment decisions.

A notable feature of the transition is that fossil fuels are still needed through 2050, standing at a third of today’s level. Among fossil fuel types, the use of coal would decline the most, but natural gas would continue to play an important role.

Surprisingly perhaps the total investment in energy supply would not need to rise over today’s level to achieve these renewables levels. However, significant additional investment of $29trn would be needed in industry and households for more efficient appliances, building renovations, renewables and electrification. Source – Engerati. Full article HERE.