STARTUPS: SHAPING THE FUTURE OF ENERGY...innovation Target: • Universities • Technical schools...
Transcript of STARTUPS: SHAPING THE FUTURE OF ENERGY...innovation Target: • Universities • Technical schools...
SOLAR & STORAGE FINANCE ASIA, 2nd July 2018
STARTUPS: SHAPING THE FUTURE OF ENERGY
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
THIS PRESENTATION1. Startups and energy
sector transformation
2. SE Asia
3. Singapore example
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
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
Singapore innovates
energy
RESEARCH
CORPORATIONSGOVERNM
ENT
SINGAPORE: THE LANDSCAPE
Singapore invested 700 Million SGD in 2007 with the
objective to build local clean energy industry in terms
of R&D, manpower, Singapore companies, branding
and the local ecosystem. This is the result so far.
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.
SINGAPORE START-UPS
RENEWABLES
ENERGY
EFFICIENCY &
MANAGEMENT
MARKETPLACES
ENERGY
STORAGE &
FUEL CELLS
Positive Energy
CommunityEnergyNova
Sunny Irrigation
CLEAN ENERGY INVESTORS: WE NEED MORE VENTURING INTO START-UPS!
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-
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