Ten Energy Start-ups to Power Innovative Programs to Decarbonise the Grid
SYDNEY: 16 July 2024: Endeavour Energy and EnergyLab today announced they will explore partnerships with 10 leading clean energy start-ups to drive innovation and support Endeavour Energy’s goal of decarbonising the grid.
Selected via an intensive pitch process through EnergyLab’s Scaleup Program, the 10 energy start-ups offer innovative new ideas in grid digitisation; advanced analytics; social licence and community engagement; commercial and industrial decarbonisation; distributed energy resource management; and on-demand satellite imaging.
“As the electricity distribution service provider powering 2.7 million people living and working in some of Australia’s fastest growing regions, spanning from central NSW to the Blue Mountains, Greater Western Sydney, the Southern Highlands, and all the way down to the South Coast of NSW, we’re supercharging a renewable and brighter energy future in partnership with Australia's largest climate tech accelerator and innovation network, EnergyLab,” said Endeavour Energy’s Chief Customer and Strategy Officer Leanne Pickering.
“This is our fourth year partnering with EnergyLab for the Scaleup Program to identify innovative late-stage start-ups to help us deliver new systems and technology for smarter, cleaner energy, today.
“We’ve already connected with more than 30 start-ups from around the world to explore exciting new initiatives such as
- applying advanced analytics, AI, robotics, and virtual reality to improve safety, modernise business practices and deliver more efficient and effective customer services
- employing drones (instead of helicopters) to string electricity conductors across large spans between power poles and towers over ravines and gullies
- using interactive mobile apps to help customers better understand and more efficiently use electricity in their homes.
EnergyLab’s CEO, Megan Fisher, said EnergyLab’s Scaleup Program is bridging the gap between global startups and Australian energy companies.
“The Scaleup Program helps to connect startups working on breakthrough energy technologies from anywhere in the world with Aussie energy companies to explore pilots & partnerships opportunities.
“This not only helps startups to unlock their next wave of commercial opportunities, but also helps industry partners explore emerging tech to decarbonise the grid.
“EnergyLab's commitment to fostering collaboration within the energy sector continues to play a crucial role in accelerating the transition to renewable energy solutions.”
The 2024 Scaleup Program cohort consists of five startups from Australia, four from Europe, and one from the United States:
| COMPANY | SPECIALITY |
|---|---|
ACCURE (Germany) www.accure.net | Cloud computing and advanced analytics to maximize battery safety, performance, and lifetime |
Diagno (Australia) | Diagno interfaces with smart energy devices (solar inverters, battery systems, smart meters, etc) to analyse the health of these assets and present concise and actionable diagnostic and investment information |
Kraftblock (Germany) | Innovative energy storage solutions enabling the seamless integration of renewable energy sources into high-temperature industrial processes |
Reswitch (Australia) | The Reswitch platform democratises the distribution of tangible community benefits from renewable energy projects, ensuring that nearby residents receive power bill credits regardless of their electricity retailer |
Safegrid (Finland) | Simplified and scalable fault monitoring solution for electricity grids |
Sentrisense (Sweden) | Real-time incident detection, predictive maintenance, and power grid efficiency optimisation |
SkyFi (USA) | Streamlines the acquisition and use of Earth Observation data and provides users with advanced post-processing and analytics management tools |
SNAPI (Australia) | AI-powered digital meter reading device that snaps onto analogue infrastructure to instantly remote read consumption data with 99.9% accuracy |
Techko (Australia) | Techko provides advanced energy management solutions that optimise distributed energy resources (DERs) like solar, battery storage (BESS), and electric vehicle charging stations (EVCS). |
VizAR (Australia) | Mixed Reality Infrastructure Visualisation Platform designed to transform community consultation and stakeholder engagement practices for energy and infrastructure projects |
Media contacts:
- Endeavour Energy: Peter Payne (0409) 664 608 Peter.Payne@endeavourenergy.com.au
- EnergyLab: Tim Bray, Program Lead, Scaleup, tim@energylab.org.au
About Endeavour Energy
Endeavour Energy is a trusted supplier of safe, reliable, and affordable power to over 2.7 million people living and working within Sydney’s fastest growing economies. As the most efficient electricity distribution business in NSW, Endeavour Energy is focused on powering the South Coast of NSW, the Illawarra, the Blue Mountains, the Southern Highlands, and Sydney’s Greater West. Since 1890, we have expanded our footprint to be at the forefront of Australia’s energy industry in integrating traditional and renewable energy sources. Our mission is to leverage the latest technology and data to plan the grid of tomorrow where batteries, microgrids and solar integrate seamlessly with the traditional distribution network to power communities for a brighter future.
About EnergyLab:
EnergyLab is Australia and New Zealand’s largest climate tech startup accelerator and innovation network dedicated to reaching net zero emissions. EnergyLab connects talented founders to the mentors, advisors, partners, peers and investors they need to succeed and to date has supported over 180 startups and 130 aspiring founders through its various programs. EnergyLab’s programs and services include the Women in Climate and Energy Fellowship building the next generation of women founders; the Climate Tech Ignite Program supporting aspiring and early-stage founders to generate, test and launch their startup idea; the Climate Tech Charge Program supporting ambitious founders to build market traction and prepare for fundraising; the Investment Ready Program supporting Queensland founders on their path to fundraising; the Climate Solutions Accelerator helping startups deploy their solutions; the Scale Up Program for later stage clean energy startups; Supercharge Australia a joint program with New Energy Nexus to build the lithium battery value chain startup innovation ecosystem; the Going International Bootcamp supporting startups to discover market opportunities outside Australia, and a climate focused angel investor network.
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Published on Jul 16th 2024