INSPIRATION
The climate innovation ecosystem largely sees investments in the energy sector to reduce dependence on fossil fuels and make progress towards net-zero goals. Consequently, there is growth in solar and wind power generation.Renewable energy developers are also integrating other sources, such as biofuels and geothermal energy to aid the transition to clean energy. To further aid this, various clean energy startups develop off-grid energy solutions that allow individual households and remote communities to generate
electricity. At the same time, energy distribution companies are expanding their renewable energy portfolio to decarbonize the grid. Advances in hydrogen and nuclear energy also promote the transition to a carbon-free energy economy. Major companies and startups are working to make these technologies more cost-effective and scalable.
German startup Marvel Fusion offers clean energy through quantum-enhanced nuclear fusion.The startup’s proprietary technology leverages interaction between ultrashort laser pulses and nanostructure fuel pallets to initiate fusion.It uses rapid deposition of laser energy at the nuclei before the target structure disintegrates, confining the particles using their inertia. Thereafter, an injector forwards a new pallet synchronously to the target chamber for constant power generation. This enables the scaling of nuclear fusion and, thereby, facilitates zero-emission energy generation.
Reel is a Danish startup that enables sustainable electricity procurement. The startup connects each client’s energy consumption to a specific solar or wind park by partnering with renewable energy developers. Besides, the companies are connected to the grid and renewables, thereby ensuring continuous power for operations. The startup supplies an equivalent amount of clean energy to the grid for every unit of energy used from the grid. It automates sustainability reporting and allows businesses to attain net-zero without capital expenses while leveraging renewable energy at fixed prices.
