Endeavour Energy and EnergyLab have selected ten startups to participate in the 2024 EnergyLab Scaleup Program to explore partnerships with the goal of driving innovation and decarbonising the grid.
Endeavour Energy and EnergyLab announced that they will explore partnerships with five clean energy partnerships from Australia, and five from Europe and the US, with technologies spanning grid digitisation, advanced analytics, social licence and community engagement, industrial decarbonisation, distributed energy resource management and on-demand satellite imaging.
Endeavour Energy’s Chief Customer and Strategy Officer, Leanne Pickering, said, “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 New South Wales to the Blue Mountains, Greater Western Sydney, the Southern Highlands, and all the way down to the South Coast of New South Wales, we’re supercharging a renewable and brighter energy future in partnership with Australia’s largest climate tech accelerator and innovation network, EnergyLab.
“This is our fourth year partnering with EnergyLab for the Scaleup Program to identify innovative late- stage startups to help us deliver new systems and technology for smarter, cleaner energy, today.”
Ms Pickering said the companies have already connected with more than 30 startups from around the world to explore 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 and 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 Australian startups selected as part of the program include:
- Diagno – interfaces with smart energy devices (solar inverters, battery systems, smart meters, etc) to analyse the health of the assets and present concise and actionable diagnostic and investment information
- Reswitch – democratises the distribution of tangible community benefits from renewable energy projects, ensuring that nearby residents receive power bill credits regardless of their electricity retailer
- SNAPI – AI-powered digital meter reading device that snaps onto analogue infrastructure to instantly remote read consumption data with 99.9 per cent accuracy
- Techko – provides advanced energy management solutions that optimise distributed energy resources like solar, battery storage, and electric vehicle charging stations
- VizAR – Mixed Reality Infrastructure Visualisation Platform designed to transform community consultation and stakeholder engagement practices for energy and infrastructure projects
Image credit: The VizSpatial presentation at Endeavour Energy’s pitch event. Image credit: Endeavour Energy.
