Start-up challenge: Accounting and reduction of GHG emissions - Iberdrola

'START-UP CHALLENGE': ACCOUNTING AND REDUCTION OF GHG EMISSIONS

Solutions to help our customers to measure and manage their emissions of gaseous pollutants

#Start-up challenge

Iberdrola, through PERSEO, its international start-ups programme, is looking for new innovative solutions that allow our residential, commercial, industrial and public administration customers an active role in managing their greenhouse gas (GHG) emissions and reducing their environmental impact.

Start-Up Challenge: Accounting and reduction of GHG emissions
The winners will sign a partnership agreement and will be able to test their project.

Iberdrola started investing in renewable energy more than two decades ago, laying the foundations on which to build a clean, reliable, smart business model. Thanks to this approach, the company is currently a world leader in renewable energy and on the cutting edge of the energy transition towards a low-emissions economy

As part of the path towards a decarbonized and resilient economy, the company is committed to being net zero globally before 2050, and to supporting our customers to lower their greenhouse gas (GHG) emissions by introducing decarbonisation measures based on energy efficiency and electrification of the demand.

DESCRIPTION OF THE CHALLENGE 

Through PERSEO, Iberdrola's international start-ups programme, the company identifies innovative solutions that can give our residential, commercial, industrial and public administration customers an active role in managing their GHG emissions and reducing their environmental impact.  

This challenge is being launched in collaboration with the European Innovation Council (EIC) within the framework of its EIC Greenhouse Gas Programme, the purpose of which is to identify, develop and scale up innovative technologies with the highest possible impact in terms of GHG emission reductions and business competitiveness. 

The challenge has two categories:

Category A: Smart solutions for monitoring and analysing carbon footprint and environmental impact.

This active management must include solutions to measure and monitor emissions associated with customers' activities by establishing, for example, their energy consumption, waste and recycling management, use of water, transport, etc. 

Among others, the inclusion of the following functions will be considered:

  •  Automatic data collection from the source of information via API, SFTP, etc.

  •  Monitoring and calculation of GHG emissions based on real figures (for example, customers' electricity and other energy bills) and other, non-quantifiable activities.

  •  Detailed consolidation of reports to share with third parties (customers, public agencies, etc.)

  •  Automatic creation of mitigation plans to be shared with third parties.

Category B: Smart solutions for reducing and offsetting carbon footprint and environmental impact.

The solutions must enable our customers (residential, commercial, industrial and public administrations), to implement mitigation plans and actions to reduce and offset their carbon footprint and environmental impact. 

Among others, the inclusion of the following functions will be considered: 

  •  Supply of "insights" on the demand, not only for energy use or optimisation but also for reducing GHG emissions.

  •  Automatic identification and recommendation of GHG emissions reduction measures

  •  Automatic identification and recommendation of GHG offsetting actions

  •  Monitoring the implementation of the mitigation plan

  •  GHG emissions trading platform

The team of experts in the Smart Solutions area of Iberdrola will select the innovative solution or solutions that will allow our customers to better and actively manage their GHG emissions and reduce their environmental impact.

 

THE PRIZE

The prize will consist of a collaboration and test agreement with  PERSEO, or any other Group company, which will support the cost of these activities and provide the winner with all necessary technical support, as well as an environment and real data to test the solution, providing access to equipment, teams, infrastructure, high technology sites and shared work areas. The project will be undertaken in collaboration with technical specialists from the Iberdrola Smart Solutions area.

If the trial or test of the concept is satisfactory, Iberdrola may offer the winner the opportunity to scale up the solution, adopting it by means of commercial agreements. What's more, PERSEO will consider investing in the participating company and/or the winner of the challenge.

SCHEDULE
Between 10/03 and 13/04 2022 Period to receive proposals
June 2022 Announcement of the winner