STARTUPS: SHAPING THE FUTURE OF ENERGY...innovation Target: • Universities • Technical schools...

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SOLAR & STORAGE FINANCE ASIA, 2 nd July 2018 STARTUPS: SHAPING THE FUTURE OF ENERGY

Transcript of STARTUPS: SHAPING THE FUTURE OF ENERGY...innovation Target: • Universities • Technical schools...

Page 1: STARTUPS: SHAPING THE FUTURE OF ENERGY...innovation Target: • Universities • Technical schools • Entrepreneur communities Activities: • Hackatons • Innovation competitions

SOLAR & STORAGE FINANCE ASIA, 2nd July 2018

STARTUPS: SHAPING THE FUTURE OF ENERGY

Page 2: STARTUPS: SHAPING THE FUTURE OF ENERGY...innovation Target: • Universities • Technical schools • Entrepreneur communities Activities: • Hackatons • Innovation competitions

ENRUPT IS A PIONEER IN TECHNOLOGY-DRIVEN ENERGY STARTUP INNOVATION

WE ARE BUILDING OPEN INNOVATION PLATFORM FOR ENERGY

Spearheading energy-focused ecosystem in

Southeast Asia and Middle East by leveraging

deep startup building capabilities and

resources:

• Mentoring matching;

• Delivery of startup competitions;

• Expert innovation talks;

• Global energy startup players featured on

our website; and

• Open innovation programme in Singapore.

“I am grateful for Enrupt to have invited us for the Innovation

Arena in Manila. It was certainly very important element in our

strategy to enter the Philippines market.”

Director Business Development, SolarKiosk

“In a very short period they have become a go-to organization for

everything related to new energy and sustainability!"

CEO, Founder, Canopy Power

“A pleasure meeting others passionate about the broader

energy space” CEO, Barghest Building Performance

“Impressed by the setup”Managing Director, Techstars Energy

Page 3: STARTUPS: SHAPING THE FUTURE OF ENERGY...innovation Target: • Universities • Technical schools • Entrepreneur communities Activities: • Hackatons • Innovation competitions

THIS PRESENTATION1. Startups and energy

sector transformation

2. SE Asia

3. Singapore example

Page 4: STARTUPS: SHAPING THE FUTURE OF ENERGY...innovation Target: • Universities • Technical schools • Entrepreneur communities Activities: • Hackatons • Innovation competitions

STARTUPS & ENERGY SECTOR TRANSFORMATIONPast

Future

Fossil fuels Physical labour for O&M Backup diesel generatorUtility to consumer Petrol cars

RenewablesMicrogrids

Drones, Big data analytics, AI for O&M

Lithium and flow batteriesProsumer, blockchain, smart meters

Electric vehicles

Page 5: STARTUPS: SHAPING THE FUTURE OF ENERGY...innovation Target: • Universities • Technical schools • Entrepreneur communities Activities: • Hackatons • Innovation competitions

SOUTHEAST ASIA VIEW

IEA World Energy Outlook Special Report: Asia Energy Outlook 2017

Large opportunity in SEA region

• 4 countries with 9% or higher

population without electricity

• 7 countries with a quarter or

more of population relying on

biomass

• SEA countries have renewable

targets to achieve

• Governments are relaxing

regulations to make it easier for

project developers

Page 7: STARTUPS: SHAPING THE FUTURE OF ENERGY...innovation Target: • Universities • Technical schools • Entrepreneur communities Activities: • Hackatons • Innovation competitions

SINGAPORE: RECENT DEVELOPMENTS

6 new investments

announced in October

2017.

Digitalisation not yet fully

tapped. Can use SG Innovate

as a spring board.

International & local players

are planning/expanding

innovation activities in SG.

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SINGAPORE START-UPS

RENEWABLES

ENERGY

EFFICIENCY &

MANAGEMENT

MARKETPLACES

ENERGY

STORAGE &

FUEL CELLS

Positive Energy

CommunityEnergyNova

Sunny Irrigation

Page 10: STARTUPS: SHAPING THE FUTURE OF ENERGY...innovation Target: • Universities • Technical schools • Entrepreneur communities Activities: • Hackatons • Innovation competitions

SINGAPORE: THE WAY FORWARD

+ Everyone agrees that Singapore is too small but no one can afford NOT to be

here.

+ Digital energy aspect still to be developed (liberalisation is helpful).

+ Singapore offers a living lab concept which fosters experimentation.

What will it take for Singapore to leverage better its place between South Asia - South East Asia & China:

Process, content & missing elements

-CORPORATIONS WILLING TO EXPERIMENT-

-INVESTORS-

-PARTNERSHIPS BETWEEN ENERGY AND TECH-

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ENRUPT RUNS REGULAR ECOSYSTEM ACTIVITIES TO MAKE POSITIVE IMPACT ON ENERGY STARTUP ECOSYSTEM IN SINGAPORE AND BEYOND

Outreach to potential startup founders

Building awareness about opportunities in energy

innovation

Target:• Universities• Technical schools• Entrepreneur communities

Activities:• Hackatons• Innovation competitions for

individuals and teams

Target:• Energy professionals• Researchers• Tech companies and

professionals• Existing entrepreneurs

Activities:• Energy Innovation talks• Visits to innovation centers

Building energy-relevant startup building capabilities

Target• Potential founders with an

initial idea• Existing entrepreneurs with

interest to enter energy market

Activities:• Weekend startup bootcamp to

validate a new idea

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CONTACT US:[email protected]

+6583431000

FIND US:COLLISON 8

HIGH STREET CENTRE #08-08

1 NORTH BRIDGE ROAD

SINGAPORE 179094