Briefing Document - Sustainable Ventures

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Briefing Document - Sustainable Ventures
Briefing Document
Briefing Document - Sustainable Ventures
OPEN ENERGY PROGRAMME 2021                      SCHNEIDER ELECTRIC X SUSTAINABLE VENTURES   OPEN ENERGY PROGRAMME 2021   SCHNEIDER ELECTRIC X SUSTAINABLE VENTURES

Open Energy

The UK has set ambitious decarbonisation targets to reach Net
Zero 2050 in line with the aim to limit global warming to 1.5C
above pre-industrial levels.                                                                We’re looking for technologies
Decarbonisation affects all aspects of the economy; in 2019 27% of net greenhouse
gases in the UK were estimated to be from the transport sector, 21% from energy             and solutions related to Open
supply, 17% from business, 15% from the residential sector and 10% from agriculture
(BEIS, 2021).                                                                               Energy in a number of verticals,
Energy is at the heart of decarbonisation for many of these sectors, for example,
efforts focused on the electrification of transport, increasing renewable energy
                                                                                            whereby selected technologies
generation, efficiency and optimisation of energy consumption in the commercial
sector and the transition to electrification of heating and energy consumption
                                                                                            can leverage Schneider Electric’s
within households.
                                                                                            unique position as a key player in
                                                                                            these markets.
Transitioning to Net Zero presents significant challenges to the existing energy
system including grid stability, storage requirements, flexibility, efficiency, meeting
peak demand and the requirement for more robust infrastructure. Net Zero will not
be possible without proper insight, coordination and planning across the energy
system.

Open Energy fosters an approach to underpin this, currently focused on improving
data accessibility, visibility and governance, whereby data and digitalisation
will be essential to understanding the wholistic system including assets and
infrastructure, usage patterns, demand, supply and pricing. There has also been
early development of new technologies and solutions that respond to Open Energy
objectives and leverage the move towards data and digitalisation, for example,
monitoring and predictive solutions.

Schneider Electric sees the power of the Open Energy system and this competition
is focused on developing and demonstrating use-cases for Open Energy across a
variety of sectors that will be required to change and adapt to Net Zero 2050.

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Briefing Document - Sustainable Ventures
OPEN ENERGY PROGRAMME 2021                                                                                                                             SCHNEIDER ELECTRIC X SUSTAINABLE VENTURES

Schneider Electric & Sustainable Ventures

Schneider Electric has partnered with Sustainable Ventures to drive innovation in Open Energy, focusing on the development and demonstration
of use-cases that will help transition the UK to Net Zero 2050.

   Schneider Electric provides energy and automation digital solutions to                             Sustainable Ventures was established in 2011 with a vision of the world in
   achieve efficiency and sustainability, combining world-leading energy                              which climate change and resource scarcity are addressed by commercial
   technologies, real-time automation, software and services into integrated                          solutions.
   solutions for Homes, Buildings, Data Centers, Infrastructure and Industries.
                                                                                                      Since then we’ve launched 8 companies, invested in 25 and provided support services to over
   For the past 15 years, Schneider Electric has been committed to decarbonising itself and its       250. We’ve created a unique ecosystem of support underpinned by our workspaces sites, with
   customers through innovative offers and strategic alignments. The success of these initiatives     a wider network of over 2000 start-ups and scale-ups. Our support helps them to grow and
   will allow the company to move up its carbon neutral goal to 2025 and work towards a net-          successfully bring their solutions to market, creating lasting sustainability impacts.
   zero supply chain by 2050. Schneider Electric takes a collaborative approach to carbon
   and environmental solutions with products, solutions and services that can be utilised by
   companies at all stages in their sustainability journey.

€27.2bn                         5%                                135,000                           8                             27                               255
2019 Revenue                    Revenue devoted to R&D            Employees in >100                 Ventures                      Investments                      Start-ups in
                                                                  countries                         launched                                                       ecosystem

€500M                           100                               6                                 2,000+                        £9.8M                            £33M
SE Ventures Fund                Co-innovation projects            Fund of funds                     Companies in our              Non-dilutive funding             Follow-on funding
                                with start-ups                                                      wider ecosystem               secured                          secured

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Briefing Document - Sustainable Ventures
OPEN ENERGY PROGRAMME 2021                           SCHNEIDER ELECTRIC X SUSTAINABLE VENTURES   OPEN ENERGY PROGRAMME 2021                                        SCHNEIDER ELECTRIC X SUSTAINABLE VENTURES

Open Energy Innovation Programme

This programme is focused on the integration of cutting-edge
                                                                                                 Four companies were selected onto our 2020 Net Zero Home Innovation Programme
Open Energy technologies with Schneider Electric, offering the
                                                                                                 and three of these progressed to commercial contracts, namely a paid integration with
opportunity for rapid scale-up and mass-market deployment.                                       Schneider Electric’s Wiser smart home solution.

For start-ups and scale-ups it’s the chance to work with and progress to commercial
contract with the world’s leading provider of energy management and automation
services.                                                                                        “
                                                                                                 The Schneider Electric and Sustainable Ventures teams are
The four month programme will be split into two streams:
                                                                                                 fantastic, and we’ve enjoyed collaborating with organisations
                                                                                                 who share our mission to decarbonise transport. The Schneider
01 Established companies (> 2 yrs)                                                               partnership has already helped ev.energy to grow globally,
                                                                                                 and we’re excited about what we can both deliver through our
                                                                                                 continuing collaboration in the years ahead!
                                                                                                                                                                                 Nick Woolley, CEO ev.energy
Discovery                Identification         Validation                Commercialisation                                                                                        Net Zero Home Programme
Exploring and            Collaboration with     Assessment of             Developing the
understanding the        Schneider Electric     integration impacts and   associated business
core technology and/or   business units to      how these could be        model and revenue
solution.                identify integration   proven.                   model.
                         opportunities.                                                              Ideation
                                                                                                     Market scoping to assess
                                                                                                     potential solutions
                                                                                                                                    Investigation

02 New Innovations (< 2 yrs)                                                                                                        Source, selection and initial due
                                                                                                                                    diligence of target solutions.
                                                                                                                                                                                           Implementation
                                                                                                                                                                                           Follow-on support for
                                                                                                                                                                                           integration of solutions, with a
                                                                                                                                                                                           focus on technology and
                                                                                                                                                                                           commercial exploitation.

Concept                  Business Case          Identification            Commercialisation

                                                                                                    01                           02                               03                      04
Developing the           Identifying target     Collaboration with        Developing the
technology and/or        customers and          Schneider Electric        associated business
solution in line with    drivers for adoption   business units to         model and revenue
Schneider Electric’s     (quantitative and      identify integration      model.
Open Energy ambitions.   qualitative).          opportunities.
                                                                                                  Competition                   Programme                       Demonstration           Technology &
                                                                                                  Release & Selection           delivery                        Day                     Commercial Integration
   Additional benefits include free access to Sustainable Workspaces County
                                                                                                  May - July 2021               August - November 2021          November 2021           December 2021 onwards
   Hall, access to Schneider Electric’s proprietary Open Energy data to assist in
   developing your innovation, the opportunity to participate in fully-funded trials/
   PoCs and progress to commercial contract with Schneider Electric.

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Briefing Document - Sustainable Ventures
OPEN ENERGY PROGRAMME 2021                      SCHNEIDER ELECTRIC X SUSTAINABLE VENTURES

What we’re looking for                                                                      Application Process
Open Energy is a nascent discipline with far-reaching potential across a number             We’ve created a short application form for you to tell us about your
of industries. The Innovation Programme will be focused on three of Schneider               business and how you’d like to work with Schneider Electric available
Electric’s business units including Services, Power & Distribution and Digital Energy.      online at :

In turn, we’re looking for innovations that are related to the themes listed below.         www.sustainableventures.co.uk/open-energy
                                                                                            All submissions must be completed online and are due by the 9th June

Target Themes:
                                                                                            - application assessment will be undertaken on a rolling basis until
                                                                                            competition close.

                                                                                            Please send any supporting information (e.g. pitch decks, business plans)
01       Monitoring, prediction and/or management technologies and
         solutions for:
                                                                                            to: openenergy@sustainableventures.co.uk clearly stating your company
                                                                                            name and date of online application submission in the subject line.
         •   Electric vehicle infrastructure    •   Community-level energy demand/
         •   Distributed energy generation          supply, export/consumption and/or       Short-listed applicants will be invited to attend a pitch day on the 29th of
         •   The smart grid and/or network          trading.                                June, to pitch for a place in the programme.

                                                                                            Companies accepted onto the programme will be notified by the 19th
02       Energy management, efficiency, optimisation and/or artificial
         intelligence/prediction technologies and solutions for:
                                                                                            July before programme commencement on the 2nd August.

         •   Factories                          •   Campuses                                The programme will run for four months, with a Demo Day held towards
         •   Substations                        •   Data centers                            the end of November with attendance from Schneider Electric UK&I
         •   Office buildings                   •   Retail                                  President Kelly Becker, the UK&I Innovation team and Global Innovation
         •   Hospitals                          •   Storage                                 team.

                                                                                                   10th May          9th June         22th June         25th June
03       Technologies and solutions related to:
         •   Demand side response               •   Outcome        based    measurement/
         •   Load shedding                          verification & analysis                     Competition      Competition         Pitch day         Pitch day
         •   Aggregation                        •   Demand management against load                Open             Close             selection        preparation
         •   Digitisation of energy                 constraints
         •   Software, data and analytics       •   Open Energy business models
                                                                                                  29th June         Mid July         2nd August      End November

                                                                                                 Pitch day          Top 4           Programme         Demo day
   If you think you have an applicable technology or solution that does not                                       companies            start
   fall into one of these themes we still welcome your application.                                                selected

                                                                                            If you have any questions on the application process or programme,
                                                                                            please get in touch with us through:
                                                                                            openenergy@sustainableventures.co.uk with the subject line ‘Enquiry’.
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Briefing Document - Sustainable Ventures Briefing Document - Sustainable Ventures
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