Corporate ventures and startups working on industrial energy management (C&I) solutions, empower businesses to slash energy costs, improve sustainability, and gain deeper insights into their power consumption.
C&I energy management startups are game-changers for several reasons.
From data-driven savings to clean energy access, these startups offer a suite of solutions that benefit both businesses and the environment.
Their impact ripples outward, creating jobs, fostering economic growth, and paving the way for a more resilient and sustainable future.
By partnering with these innovators, businesses can secure a competitive edge while contributing to a brighter, greener tomorrow.
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Microsoft and Schneider Electric: This collaboration utilizes Schneider's EcoStruxure platform to optimize energy use at Microsoft data centers, achieving a 30% reduction in energy consumption. (Schneider Electric Announces Grid Operations Platform as a Service on Microsoft Azure)
BMW and ChargePoint: ChargePoint's charging infrastructure helped BMW electrify their fleet and provide EV charging services to customers, contributing to their sustainability goals.(BMW i Ventures Announces Strategic Investment in Coulomb Technologies)
Virtual Powerplant Partnership: Ford, General Motors, Google Nest, OhmConnect, Olivine, SPAN, SunPower, Sunrun, SwitchDin, and Virtual Peaker joined the virtual powerplant partnership VP3. An initiative based at Rocky Mountain Institute (RMI) aiming to catalyze industry and transform the policy to support scaling VPPs in ways that help advance affordable, reliable electric sector decarbonization by overcoming barriers to VPP market growth. (RMI Launches “Virtual Power Plant Partnership” With Support from General Motors & Google Nest)
These examples showcase the diverse ways C&I energy management startups collaborate with enterprises, driving business benefits and environmental progress.
As climate concerns rise and energy costs fluctuate, the C&I energy management market is expected to see continued growth.
As far as the startups go, we expect to see advancements in, AI-powered optimization, Distributed energy resource integration, and Grid modernization collaboration.
Investing in and collaborating with C&I energy management startups presents lucrative opportunities for businesses to save money, enhance sustainability, and future-proof their operations in a rapidly evolving energy landscape.
At Workinlot we design process frameworks that enable companies to collaborate with technology firms and startups. To ensure these designs are optimally developed, we provide iterative project management support in partnership with the organization.
Through this collaborative and iterative knowledge transfer, we have helped establish corporate venture capital funds, open innovation platforms, and venture builder structures.
Let's connect and collaborate to identify and validate new opportunities.