SET Ventures’ Post

Need a little help to understand what Energy Communities are and its future potential? Great job by SET Ventures putting "Energy Communities" in the spotlight in their new report below, and also mentioning Enyday as one of the digital startups pioneering this new concept in the energy market.

Energy communities ⚡️ are a 💯 success story across EU 🇪🇺 and it's only just the beginning 🚀! I particularly like the razor-sharp 🔪 and vertical view 🔎 of this single specific topic of start-ups that only offer this. It looks like ♾️ neoom it’s time to open up the #KLUUB #API for #CONNECTAi to leverage the added value of virtual power plants ☀️🔋⚡️in order to massively reduce 📉 the costs of expanding the distribution grid‼️ Thanks to SET Ventures for this report. And Exnaton, Nobile and all the others can leverage 📈their existing and new customer base. How you like the Idea❓ #followneoom #neoom #infonitepowerforallofus

Who thought massive investments to decarbonize the grid would become a problem? The U.S. poured $239 billion into clean energy in 2023, a 38% increase from 2022. This should be good news, right? ❗ But the grid isn't capable of connecting these new projects fast enough, which causes: the transmission lines backlog. By the end of 2023, over 2,600 million GW of new power generation was stuck waiting to connect to the grid— ⚡ more than twice the capacity of the entire U.S. grid. With the grid expanding at just 1% per year, green energy investors are losing money, climate goals are delayed, and consumers aren’t seeing the benefits. The good news ⬇ An industry-wide problem can be a great investment opportunity. Startups are stepping up, either by increasing the transmission line construction speed, or simply bypassing them. Two startups illustrate perfectly these solutions: 1️⃣ EarthGrid PBC – Using plasma tech to bore tunnels 100x faster and 10x cheaper than traditional methods, EarthGrid is revolutionizing transmission line construction. 2️⃣ Neighborhood Sun – Bypassing transmission lines entirely, their community solar model connects directly to local distribution lines, bringing clean energy to homes faster. Both are raising funds now, offering investors a chance to back critical solutions. #climatetech #impactinvesting #solar

Our Principal, Louis, spoke to ClimateHack about the #energy startups that have caught his attention recently ⚡ There are over 72,000 energy-related startups worldwide, but four companies really stood out as having the potential to revolutionise how we power the planet 🌍 🇬🇧 About:Energy, a leading battery #data and #software company accelerating the transition to electrification 🇺🇸 Ascend Elements, a company transforming used lithium-ion batteries into sustainable materials that rival the performance of virgin elements 🇸🇪 Emulate, a SaaS platform for electricity utilities that optimises demand flexibility with virtual battery #technology 🇬🇧 ev.energy, a platform that seamlessly connects #EVs to grid networks to make charging simpler, greener and cheaper. Check out the full list of energy startups to watch below: https://lnkd.in/etPNkvUW

A goal we can help you achieve! 🤩🏆 Check out our E360 energy management solution to begin your journey to lower your carbon emissions 🌱👉 https://lnkd.in/e7m9my-n ••• #Sanalife #NetZero #carbon #GHGemissions #energy #EnergyManagement #HealthyBuildings #business #startup #innovation #technology

Come one, come all (entrepreneurs within the energy sector)! Let's turn an idea into a reality, and the first step is as easy as registering for the Startup Energy Action on May 7th! Read more below and see you there 👇

Time for all sustainable, energy relevant disruptive, impactfulness ideas to get the boost needed to take your startup further! With extensive expertise from Sting that has supported so many clean-, green-, sustain- and climatetech companies in the past you are in good hands! Log in to the webinar May 7th to be inspired! See you there!

🌍 𝗧𝗵𝗲 𝗗𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗘𝗻𝗲𝗿𝗴𝘆: 𝗔𝗿𝗲 𝗠𝗶𝗰𝗿𝗼𝗴𝗿𝗶𝗱𝘀 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗣𝗼𝘄𝗲𝗿? ⚡ As the global energy landscape rapidly evolves, one of the most exciting and transformative trends we’re witnessing is the shift from centralized power systems to decentralized microgrids. This isn’t just a technological innovation—it’s a fundamental change in how we generate, distribute, and consume energy, with profound implications for sustainability, resilience, and community empowerment. Microgrids offer a unique combination of benefits. They enhance energy security by reducing reliance on large, centralized power plants, provide greater flexibility in integrating renewable energy sources, and empower local communities to manage their energy needs more effectively. In a world increasingly impacted by climate change and extreme weather events, the resilience that microgrids offer is more crucial than ever. However, as promising as this shift is, it also comes with significant challenges and questions: •  𝗛𝗼𝘄 𝗱𝗼 𝘄𝗲 𝘀𝗰𝗮𝗹𝗲 𝗺𝗶𝗰𝗿𝗼𝗴𝗿𝗶𝗱𝘀 𝘁𝗼 𝗲𝗻𝘀𝘂𝗿𝗲 𝘁𝗵𝗲𝘆 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗲 𝘁𝗼 𝗼𝘃𝗲𝗿𝗮𝗹𝗹 𝗴𝗿𝗶𝗱 𝘀𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗿𝗮𝘁𝗵𝗲𝗿 𝘁𝗵𝗮𝗻 𝗱𝗶𝘀𝗿𝘂𝗽𝘁 𝗶𝘁? •  𝗪𝗵𝗮𝘁 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝘃𝗲 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗳𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸𝘀 𝗮𝗿𝗲 𝗻𝗲𝗰𝗲𝘀𝘀𝗮𝗿𝘆 𝘁𝗼 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝘄𝗶𝗱𝗲𝘀𝗽𝗿𝗲𝗮𝗱 𝗮𝗱𝗼𝗽𝘁𝗶𝗼𝗻 𝘄𝗵𝗶𝗹𝗲 𝗺𝗮𝗶𝗻𝘁𝗮𝗶𝗻𝗶𝗻𝗴 𝗳𝗮𝗶𝗿𝗻𝗲𝘀𝘀 𝗮𝗻𝗱 𝗮𝗰𝗰𝗲𝘀𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆? •  𝗛𝗼𝘄 𝗱𝗼 𝘄𝗲 𝗲𝗻𝘀𝘂𝗿𝗲 𝘁𝗵𝗮𝘁 𝘁𝗵𝗲 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗼𝗳 𝗺𝗶𝗰𝗿𝗼𝗴𝗿𝗶𝗱𝘀 𝗮𝗿𝗲 𝘀𝗵𝗮𝗿𝗲𝗱 𝗲𝗾𝘂𝗶𝘁𝗮𝗯𝗹𝘆 𝗮𝗰𝗿𝗼𝘀𝘀 𝗮𝗹𝗹 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝗶𝗲𝘀, 𝗽𝗮𝗿𝘁𝗶𝗰𝘂𝗹𝗮𝗿𝗹𝘆 𝘁𝗵𝗼𝘀𝗲 𝘁𝗵𝗮𝘁 𝗵𝗮𝘃𝗲 𝗵𝗶𝘀𝘁𝗼𝗿𝗶𝗰𝗮𝗹𝗹𝘆 𝗯𝗲𝗲𝗻 𝘂𝗻𝗱𝗲𝗿𝘀𝗲𝗿𝘃𝗲𝗱? The future of energy lies in our ability to navigate these complexities and harness the potential of microgrids to create a more sustainable, resilient, and equitable energy system. 🤝 𝗜’𝗺 𝗲𝗮𝗴𝗲𝗿 𝘁𝗼 𝗰𝗼𝗻𝗻𝗲𝗰𝘁 𝘄𝗶𝘁𝗵 𝗳𝗲𝗹𝗹𝗼𝘄 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹𝘀, 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗼𝗿𝘀, 𝗮𝗻𝗱 𝗽𝗼𝗹𝗶𝗰𝘆𝗺𝗮𝗸𝗲𝗿𝘀 𝘄𝗵𝗼 𝘀𝗵𝗮𝗿𝗲 𝗮 𝗽𝗮𝘀𝘀𝗶𝗼𝗻 𝗳𝗼𝗿 𝘁𝗵𝗶𝘀 𝘀𝗲𝗰𝘁𝗼𝗿. 𝗧𝗼𝗴𝗲𝘁𝗵𝗲𝗿, 𝘄𝗲 𝗰𝗮𝗻 𝗮𝗱𝗱𝗿𝗲𝘀𝘀 𝘁𝗵𝗲𝘀𝗲 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗮𝗻𝗱 𝗱𝗿𝗶𝘃𝗲 𝘁𝗵𝗲 𝗱𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗲𝗻𝗲𝗿𝗴𝘆 𝗳𝗼𝗿𝘄𝗮𝗿𝗱. Whether you’re working on cutting-edge technology, shaping policy, or engaging with communities, let’s collaborate to shape the future of decentralized energy. #Microgrids #EnergyTransition #Decentralization #Sustainability #SmartGrid #FutureofEnergy Enjoyed this? ♻️ Repost if you find it useful ✚ Follow me, hit the 🔔 icon. You'll get notified on my next post.

What innovative startup would you create if energy costs were nearly free? 🌞 The rapid expansion of solar energy is reshaping industries globally with no signs of slowing down. Forecasts consistently underestimate its potential. Don't believe solar energy works at night? As The Economist states battery prices have plummeted by 90%, and there are emerging long-lasting energy solutions such as Aed Energy in our portfolio. Unlike traditional energy sources reliant on finite resources like oil, solar power leverages abundant materials like silicon-rich sand and human creativity for solar cell production. So, at some point this century founders will think about businesses based on nearly free energy. #SolarEnergy #RenewableFuture #CleanTech #climatetech #startups 💡🔋🌍

𝙏𝙖𝙢𝙞𝙣𝙜 𝙒𝙞𝙡𝙙 𝙀𝙣𝙚𝙧𝙜𝙮 𝙋𝙧𝙞𝙘𝙚𝙨: 𝙃𝙤𝙬 𝙀𝙡𝙚𝙘𝙩𝙧𝙤𝙣𝙓 𝙄𝙨 𝙎𝙝𝙖𝙥𝙞𝙣𝙜 𝙩𝙝𝙚 𝙁𝙪𝙩𝙪𝙧𝙚 𝙤𝙛 𝙀𝙡𝙚𝙘𝙩𝙧𝙞𝙘𝙞𝙩𝙮 𝙈𝙖𝙧𝙠𝙚𝙩𝙨   As renewable energy sources become more prevalent, the volatility of electricity prices is a growing concern. Enter ElectronX, a startup set to revolutionize how companies hedge against these price swings. 💡   𝑾𝒉𝒂𝒕’𝒔 𝒕𝒉𝒆 𝒃𝒖𝒛𝒛? ElectronX, backed by a $15 million seed round led by former Google CEO Eric Schmidt’s Innovation Endeavors, aims to build a marketplace to protect businesses from the wild price fluctuations caused by intermittent wind and solar power, as well as extreme weather events. 🌬️🔥   𝑾𝒉𝒚 𝒊𝒕 𝒎𝒂𝒕𝒕𝒆𝒓𝒔: 𝐍𝐞𝐰 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡: Unlike traditional electricity futures, ElectronX will offer contracts tied to hourly electricity prices, providing a more precise hedging tool. 𝐓𝐚𝐫𝐠𝐞𝐭 𝐀𝐮𝐝𝐢𝐞𝐧𝐜𝐞: Renewable energy generators, battery operators, and energy-hungry data centers. Direct Access: Customers can trade directly without brokers, simplifying the process for smaller and institutional traders alike.   𝑻𝒉𝒆 𝑪𝒉𝒂𝒍𝒍𝒆𝒏𝒈𝒆: With the grid transition creating stability issues and extreme weather events becoming more frequent, there's a pressing need for innovative solutions in energy markets.   𝑲𝒆𝒚 𝑸𝒖𝒐𝒕𝒆: "The grid transition has massively changed the power mix in the U.S., and it’s caused a lot of intermittent stability issues," says Sam Tegel, CEO of ElectronX.   𝑻𝒉𝒆 𝑩𝒊𝒈𝒈𝒆𝒓 𝑷𝒊𝒄𝒕𝒖𝒓𝒆: As the demand for renewable energy grows, so does the need for effective financial instruments to manage the associated risks. ElectronX is positioning itself to be at the forefront of this evolution.   P.S. How do you think hourly-based electricity futures will impact the renewable energy sector? Share your thoughts in the comments!   #EnergyInnovation #RenewableEnergy #ElectricityMarkets #ClimateTech #SustainableFuture #CleanEnergy https://lnkd.in/gEckhJ8H