How to innovate in energy: The Rockstart Smart Energy Accelerator giving startups a boost

The COP21 in December, Obama’s ‘running wild with Bear Grylls’ episode on climate change, and the shout out from the World Economic Forum Davos in January; they all made it very clear: we need to accelerate towards a zero carbon economy. 

Furthermore, Accenture’s Low Carbon, High Stakes report shows that by 2030, CO2emissions need to be reduced by 50% to meet the 2°C scenario. With a 25 percent share of CO2 emissions globally, utilities should feel the pressure to transform. The question arises: how can utilities move away from fossil fuels in an economically sustainable way? Maybe the answer is closer than we think. The Rockstart Smart Energy Accelerator gives startups the opportunity to reach to their full potential and to start making the world a greener place.

Transformation on Dutch soil

True transformation of the energy system has been a long time coming. Still, the Netherlands has an ecosystem that has proven to be very fruitful for energy innovation. Over the last years, several successful businesses have sprouted from Dutch soil. Examples are Triple Solar, Nerdalize, Vandebron and Zonnepanelendelen. Accenture supports these innovative ideas. Not only through the annual Accenture Innovation Awards, but also by backing up startup accelerators, such as the Amsterdam-based Rockstart Smart Energy Accelerator 2016.

Rockstart Smart Energy Accelerator 2016

Rockstart offers a half year acceleration program for startups to fine-tune their businesses and prepare for scaling. On Friday February 19th, Rockstart announced the 10 participants that are selected for the 3rd edition of the energy accelerator. These 10 innovative startups cover a wide spectrum of activities all linked to Energy and theInternet of Things (IoT). Below, I’ll highlight three startups to give you an idea of what the participants are working on.

eGEO: ne of the startups enrolled in the program is eGEO. eGEO is a Colombian company that develops IoT hard- and software for their simple, yet robust smart grid solutions. A frequently recurring problem in Colombia is the high number of power outages. eGeo’s main focus is to develop a fully functional smart meter to decrease that number. Besides that, eGEO wants to offer their fellow countrymen a safer and above all, cheaper energy infrastructure.
Magicview: Another promising startup is the Dutch/Belgium startupMagicview. Their goal is to achieve better urban mobility, making cities cleaner and easier to reach. Magicview offers three different mobility solutions, allowing commuters to find the best way to travel, pay for parking, and profit from a seamless public-transport ticketing system. This in turn should lead to a better customer experience a more sustainable ways of travel.
Sympower: Estonian startup Sympower is developing a demand-balancing solution to steer electricity usage. The appliance keeps the grid stable and makes it serve as a frequency reserve by switching large appliances on and off. In doing so, Sympower offers an appliance that certainly will be needed in the future when more renewable energy sources are connected to the grid.

These are just some examples of the innovative ideas being brought to live. Get inspired and check the complete list of startups participating in the Rockstart Smart Energy Accelerator 2016 here. Do you think these ideas have the potential to help reduce our CO2 emissions by 50% by 2030?