"Free Electrons" - a new global energy start-up program

The energy market has seen rapid changes in recent years with the rise of renewables, decentralization of the energy system, regulatory uncertainties, disruptive new technologies and more proactive consumer engagement. innogy was founded in response to these fundamental changes and now – in partnership with other global utilities - seeks promising start-ups to co-create innovative solutions for the future energy system and beyond. "Free Electrons", a brand new global energy start-up accelerator launches on 9 January 2017 - and innogy is delighted to be the initiator and a founding member. The program seeks to recruit energy start-ups to drive the next generation of ideas in clean energy, energy efficiency, e-mobility, digitization, and on-demand customer services.

innogy is the initiator and one of eight global founders

innogy gave the initial impulse for Free Electrons which is now run by eight international utilities who together provide access to 73 million customers worldwide: AusNet Services, Dubai Electricity and Water Authority (DEWA), ESB (Electricity Supply Board), EDP (Energias de Portugal), Origin Energy, Singapore Power (SP), Tokyo Electric Power Company (TEPCO) and innogy. Two accelerator partners, New Energy Nexus and Swissnex San Francisco will provide additional support to ensure a successful journey.

"It's a perfect match for us: smart start-up ideas meet a transforming corporate that is re-inventing itself and has established lean and agile structures that speak 'start-up' and 'corporate' language alike. We support start-ups scale fast – and on the other hand start-ups can enable us with the best possible products. We go outside to innovate from within."

Stefan Padberg and Florian Kolb, Managing Directors from innogy New Ventures LLC in Silicon Valley

"Free Electrons" is a win-win approach for all

The utilities and accelerators behind the Free Electrons program are committed to a future where energy is smart, clean and accessible to everyone. The global accelerator program is designed for energy start-ups to further refine their products and services, with the potential to test and develop them with 73 million customers around the world. We, as industry leaders, offer expertise, resources and access to our customer base in exchange for investment and partnership opportunities.

A global call for applications

From 9 January 2017, you can apply by sending your working prototype to Free Electrons. We will select twelve energy start-ups to participate in the six month accelerator program. The deadline for applications is 28th February 2017 and we will announce the winners in April 2017. Interested applicants can apply for the Free Electrons program at freelectrons.co. Start-ups chosen for Free Electrons will participate in three, separate week-long "customer adoption" modules in Silicon Valley, Lisbon/ Dublin and Singapore.

Free Electrons is the global energy startup accelerator program that connects the world’s most promising startups with leading utility companies to co-create the future of energy and innovative customer solutions. The program is an unprecedented opportunity for later stage energy startups to gain access to the utility partners that can help them scale and expand into new markets around the world. Learn more in this YouTube video.

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