Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the energy industry. This time, you get to discover 5 hand-picked energy startups developing decarbonization solutions.
Out of 680, the Global Startup Heat Map highlights 5 Top Energy Startups developing Decarbonization Solutions
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 680 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 energy startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 675 decarbonization solutions for the energy industry, get in touch.
IPG develops Flameless Generators
Businesses across industries rely on diesel generators to meet temporary power requirements and grid balancing needs. The uncertainty in the timelines and availability of renewable fuel infrastructure is a barrier to ending the reliance on diesel generators. Besides, developing zero-carbon energy infrastructure solely dependent on renewable energies involves huge capital expenditure. This is why startups and scaleups are developing solutions that utilize readily available biofuels for net-zero energy production.
British startup IPG offers a flameless generator to decarbonize fuel-based power generation. The startup’s technology combines flameless combustion technology and their patented ceramic heat regenerator that uses a rotary design and honeycomb ceramic structure to maximize the surface area for high-temperature heat exchange. In addition, the generator’s high operating temperature enables its turbine to perform the chemical reaction of combustion without a flame. The flameless combustion eliminates pollutant emissions and the ceramic heat regenerator improves generation efficiency, which reduces fuel consumption. In effect, IPG’s generator allows businesses to meet the requirements of Electric Vehicle (EV) charging, temporary power, and grid balancing without relying on diesel generators.
Liquid Wind produces a Carbon Neutral Fuel
Fossil fuels meet the majority of the energy requirements of the transportation and industrial sectors today. This is why companies promote bio-based alternatives fuels that effectively replace conventional fuels for the decarbonization of the energy sector. But the production process of biofuel is energy-intensive and leads to carbon emissions. This is why startups and scaleups are providing technologies that produce carbon-free alternative fuels. Such alternative fuels also avoid huge infrastructure costs since they work with existing energy generation equipment.
Liquid Wind is a Swedish startup that provides eMethanol, a carbon-neutral fuel. The startup produces carbon-neutral methanol by capturing carbon dioxide and combining it with hydrogen, made from renewable electricity and water. eMethanol burns cleaner than fossil fuels and is less hazardous to marine life as it dissolves rapidly. The liquid state of the fuel makes it easy to store, use, and transport, thus, reducing the cost of energy storage and distribution. This way, the startup’s alternative fuel allows industries and transport companies to decarbonize their energy system without investing in new types of equipment.
Antora advances On-Demand Renewable Energy Storage
Renewable sources of energy, like solar and wind, are critical in achieving total decarbonization of the energy sector. But the variations in power generation capacity of these renewable sources make them unsuitable to cater to the demands of growing energy grids. In addition, the mismatch in supply and demand adversely affects the efficiency of renewables installation. This is why startups and scaleups are offering energy storage systems that balance the supply of renewable energy with the demands of the grid.
Antora is a US-based startup developing an energy storage system that ensures access to reliable and affordable renewable electricity. Antora combines low-cost, earth-abundant materials with a proprietary power conversion technology to store intermittent energy as heat. The startup’s thermophotovoltaic engine converts this heat back into electricity on-demand, delivering zero-carbon energy to consumers. The system is also capable of discharging the heat directly for use in industries or residential heating.
Arkeon enables Carbon-Free Energy for Buildings
Residential and commercial buildings with air conditioning systems demand a constant load on the energy grid. Due to different usage patterns, it is difficult to keep track of the energy requirements within a building. This reduces the thermal and energy efficiency of the building that leads to increased energy consumption, resulting in higher carbon emissions. Startups and scaleups are developing energy management solutions that enable the efficient utilization of energy resources. This, in turn, reduces the environmental impact of buildings.
Arkeon is a French startup that provides carbon-free energy for buildings. The startup’s technology increases the performance and energy efficiency of heat pumps. The system continuously monitors and analyzes the performance of heating and cooling elements in a building as well as optimizes the energy consumption of multiple devices to meet the comfort of the inhabitants. Arkeon’s technology is modular and allows the optimization of multiple energy sources, including intermittent renewable energy sources. All these features enable the startup to reduce energy consumption and, therefore, the carbon footprint of buildings.
PowerSILO develops Net Zero Power Plants
For decades, fossil-fuel-fired thermal power plants have been the most reliable source of energy for most national grids. With the increase in focus towards decarbonization, grids now reduce their reliance on such power plants. But this leads to the decommissioning of expensive infrastructure that is still capable of generating energy. Therefore, startups and scaleups are providing solutions that enable conventional power plants to generate power with minimal or zero carbon emissions.
PowerSILO is a US-based startup that develops a retrofit solution for reducing the carbon emission of power plants. The Sub-Terranean Updraft Tower (STUT) is the startup’s heat-to-power conversion process that harnesses the waste heat of any thermal-electric power plant and converts it into usable power. It increases the efficiency of the power plant by increasing its generation capacity while reducing carbon dioxide emissions and fuel consumption per unit of power generation. As a result, the system brings down the operating costs and increases the profit margin for power plants.
Discover more Energy Startups
Energy startups such as the examples highlighted in this report focus on energy efficiency, waste heat recovery, carbon-negative technologies as well as bio-based energy. While all of these technologies play a major role in advancing the energy industry, they only represent the tip of the iceberg. To explore more energy technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Energy Innovation Report to save your time and improve strategic decision-making.