Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for the energy industry. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. This time, we are taking a look at 4 promising energy efficiency companies and their solutions.
Heat Map: 4 Top Energy Efficiency Companies
Through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 3 790 000+ startups & scaleups globally, we identified 203 innovative energy-efficient solutions. The Global Startup Heat Map below highlights the 4 energy efficient companies you should watch as well as the geo-distribution of all 203 startups & scaleups we analyzed for this research. Based on the heat map, we see high startup activity in the US and Western Europe. These energy efficiency solutions work on solutions ranging from waste heat recovery to motion-sensitive lighting.
4 Top Energy Efficiency Startups
EnterScape aids Energy Consumption Monitoring
Nowadays manufacturers face the challenge of transforming themselves into industry 4.0 facilities, which requires them to become sustainable, efficient and innovative across manufacturing lines. Monitoring power, water, and gas with Industrial Internet of Things (IIoT) sensors analyzes each phase of the production process, indicates actual energy performance, highlights consumption pain points, while taking actions to optimize costs, energy consumption, and actual CO2 footprint.
The US-American startup EnterScape develops UtilityRecon, a solution to monitor and report industrial energy use and environmental conditions. It applies wireless data acquisition equipment, remote transmission, and a web platform for tracking peak demand, sub-metering facilities, industrial machinery, and creating user-defined alerts.
Eslin offers Industrial Insulation
Industrial plants regularly encounter pipe or duct corrosion, excessive heat transfer, over-condensation, and physical abrasion, which leads to significant energy loss and a gradual deterioration of the facility. Solutions for energy efficiency like industrial insulation ensure optimal thermo-control and save heat and costs on the basis of applying progressive recyclable materials like glass fibers or rock wool, which in turn, results in enhanced sustainability.
The US-based startup Eslin produces industrial pipe and board insulation, manufactured from continuous filament e-glass fibers positioned as a uniform mat. The company employs a process of mechanical needle punching, with no chemical binders during production, which helps to create flexible, durable, and balanced insulation.
Greenled Industry develops Motion-Sensitive Smart Lighting
Motion-sensitive smart lighting helps to save energy and maintenance costs by regulating brightness automatically based on room occupancy, level of activity, time of the day, and through remote control. Moreover, wireless connections assist in establishing strong communications between smart lighting components. For this, companies develop IoT devices and energy efficiency software tools.
Italian startup Greenled Industry specializes in long-lasting smart lights and lighting controls for extreme industrial conditions and for smart city applications. Their solutions focus on achieving maximum light intensity with minimal power consumption, mediated by smart zoning, occupancy sensors, and performance monitoring.
Swiss Blue Energy improves Industrial Waste Heat Recovery
Waste Heat Recovery (WHR) addresses the challenge for a reduction in carbon emissions by capturing the energy contained in industrial byproducts, fluids or gasses, that would otherwise be dumped to the environment. Recovery occurs on the basis of closed-loop WHR, air-preheat WHR, water-preheating WHR, flue-gas WHR, or high particulate systems.
Startup Swiss Blue Energy develops the Thermo-Magnetic Motor (TMM) technology to convert low-temperature waste heat into electricity. TMM performs swift and continuous heating or cooling of a magneto-caloric material around its Curie point and applies permanent magnets so as to generate cost-effective power with zero-emission.
Discover All Energy Reduction Solutions
The energy-saving technologies in industries showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Industry Innovation Reports for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies & emerging solutions that will impact your company in 2023!