Global start-ups descend upon Dublin to compete in ESB Pitch Off

  • ESB hosts international event to discover the next big innovation in the energy sector.
  • Mark Little, Storyful Founder and technology entrepreneur, will host the ESB Pitch Off competition in Trinity College

Some of the world’s most innovative energy start-ups are flying into Dublin this week to compete in a unique ‘Pitch Off’ competition organised by ESB.

This ESB Pitch Off is part of the Free Electrons Accelerator Programme, an initiative spearheaded by eight global utilities and accelerators including ESB. The aim of the programme is to recruit and support the next generation of ideas in clean energy, energy efficiency, electric mobility and on-demand customer services.

The 12 finalists were selected from 450 applications, and are now participating in customer adoption modules in Silicon Valley, Lisbon, Singapore and Dublin.

Taking place in Trinity College, Dublin on Friday 30 June, the start-ups have just four minutes to pitch their company proposition to a panel of global venture capitalists and energy experts. Mark Little, Storyful founder and technology entrepreneur, will host the high profile Pitch Off.

Derek Roddy, chief executive of Climote, the Dundalk-based home heating control specialist, will be flying the Irish flag as he vies for the $25,000 prize fund and the unique opportunity to showcase his product and share his plans to a room full of investors and utilities waiting to discover the ‘next big thing’ in the energy sector.

Paul Mulvaney, Executive Director of Innovation at ESB, said:

“This accelerator programme and ESB Pitch Off event is a great platform for global utilities like ESB to support innovative start-ups to help them refine and develop their products for the marketplace,” he said. “All of our business lines are working with all the finalists to identify market opportunities and further develop their products. For instance, HST Solar, the US-based solar design and engineering platform company, will be working with ESB and Bord na Móna on our recently announced joint venture solar power project in the Midlands.”

ESB’s retail arm, Electric Ireland, already works with Climote while its ecars business unit uses Driivz as its platform operator for its charge point management system. Collectively, the eight utility companies involved have a combined market base of 73 million customers - located in more than 40 countries.

“It is inspiring to see so much activity in the energy start-up space. Ireland had one of the highest number of applicants for the programme, reflecting the level of innovation and creativity that is happening within our own energy market. It is an exciting time for the industry and ESB is delighted to be in a position to support such start-ups through this programme," adds Mulvaney.

 

ENDS

Media enquiries to:

ESB Press Office, Tel: 01 702 6009 Email: susan.oconnor@esb.ie

 

More information about the programme, start-ups and utilities

Esb.ie/free-electrons

#ESBpitchoff

 

About Free Electrons

Free Electrons is the global energy startup accelerator program that connects the world’s most promising start-ups with leading utility companies.

Free Electrons is backed by an international alliance of utilities and accelerators: AusNet Services, Dubai Electricity and Water Authority (DEWA), ESB (Electricity Supply Board), EDP (Energias de Portugal), innogy, Origin Energy, Singapore Power (SP) and Tokyo Electric Power Company (TEPCO), with the support of accelerator partners, New Energy Nexus, swissnex San Francisco, Energy Excelerator, Powerhouse and Beta-i.