Rapid growth and development in Asia has resulted in huge increases in energy demand and will continue to do so. Many countries and regions are reliant on energy generation from fossil fuels but are embracing renewables in response to climate change and to ensure security of supply. With growing proportions of the generation coming from intermittent renewables, some countries and regions are now looking at how to balance supply and demand. To address this challenge, Energy Systems Catapult’s Energy Launchpad International opened a call to the UK smart energy supply chain and ran virtual missions to India and Thailand for 16 SMEs.
Energy Launchpad International combined their international experience of running missions with their SME incubation service that provides specialist energy systems expertise to provide an end-to-end export programme running in overlapping stages:
BlockDox and Power Transition are just two examples of companies that have benefitted from support provided by the Launchpad. BlockDox, a data science-focused PropTech company solving complex problems using Artificial Intelligence and the Internet of Things, was accepted into the Thailand cohort and provided with market research and introductions with local organisations, which confirmed no similar products exist in the market. With their compelling value proposition developed on the Energy launchpad Incubator, BlockDox received strong interest from an initial target group of end customers and potential resellers and by the end of the programme had entered into a reseller agreement with a local Thai partner. BlockDox is currently evaluating three pilot project sites, one through the newly appointed local Thai partner and the others directly as a result of the engagement phase of the programme.
Power Transition, a leader in 3rd generation DLT-based Digital Energy Platform design and development, were accepted into the India cohort of the programme. Assessment of Power Transition’s value proposition and an analysis of the market opportunities highlighted the needs of private generators for a secure energy trading platform. Following engagement through the programme, Tata Power Delhi Distribution invited Power Transition into an innovation project piloting the use of their payment gateway within an urban microgrid. The project’s aim is to demonstrate person-to-person trading of rooftop solar photovoltaic and simulate billing and settlement using real-time consumption data and site optimisation of assets. It will identify cost savings and promote greater visibility of transmission losses.
Find out about the other companies provided with tailored support through the programme and their successes in the Energy Launchpad International Impact Report.