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Top 100 Global energy Start-ups to show business models at WEC 2019 in Abu Dhabi

These top 100 Global Energy Start-ups representing 31 countries were selected from amongst 450 entries from 80 countries of the world are being given the opportunity to present their business models in the 24th World Energy Congress 2019 being organised in Abu Dhabi from 9th to 12th September 2019. Sponsored by DEWA, the SET 2019 finalists will be located in the Innovation Hub, dedicated to showing their products and services and the business models behind them. They will also be participating in various sessions throughout the four-day event, taking place under the theme of Energy for Prosperity including the innovation's role in driving the energy transition.


The 24th World Energy Congress Preview Abu Dhabi
Updated: 16-08-2019 11:58 IST
Top 100 Global energy Start-ups to show business models at WEC 2019 in Abu Dhabi

SET 100 Image Credit: The 24th World Energy Congress Preview

One hundred finalists from the international Start-Up Energy Transition (SET) Awards for the most innovative and effective business models in the areas of energy transition and climate protection will be participating in the 24th World Energy Congress in Abu Dhabi, in September.

The SET Awards are part of the global Start-Up Energy Transition (SET) initiative for pioneers in energy transition and the battle against climate change. Across the globe, more than 100 partners from politics, industry, science and non- government organisations (NGOs) are getting involved. The annual rounds of the competition are being supported by partner countries Canada and Sweden, the German Federal Ministry for Economic Affairs and Energy, plus many other sponsors and partners. The SET Awards are presented by the German Energy Agency (dena) in cooperation with the World Energy Council and are part of Berlin's annual Tech Festival which has become the world's leading platform for sharing successful innovations and new business models driving the energy transition.

"Partnering with dena, we work together to systematically identify the most promising innovation ventures around the world and work with leading innovators to understand scope, time frame and success factors of key innovation areas," says Christoph Frei, Secretary-General of the World Energy Council. "This year we are particularly excited that SET 2019 finalists will also be invited to play an active role in the 24th World Energy Congress in Abu Dhabi. They will have the opportunity to participate in dynamic pitching sessions and interactive presentations, thus bringing a unique entrepreneurial dimension to the Council's innovation activity at the Congress,".

Sponsored by DEWA, the SET 2019 finalists will be located in the Innovation Hub, dedicated to showing their products and services and the business models behind them. They will also be participating in various sessions throughout the four-day event, taking place under the theme of Energy for Prosperity including the innovation's role in driving the energy transition.

The companies on the SET100 list come from 31 countries, the majority from Europe, North America and Africa. They were selected by experts from the SET network drawn from various energy transition sectors. Most of the companies are active in the award categories of Low-Carbon Energy Production and Energy Efficiency; and Smart Devices and storage. Other nominees applied in the categories of Intelligent Grids, Platforms & Cyber Security, SpecialPrize: Quality Access & SDG7 and innovative Mobility. A total of 450 Start-ups from 80 countries applied for the SET AwardV 2019. More information on the StartUp Energy Transition (SET) initiative and the complete SET-100 list, including a brief description of all nominated companies, is available online at https://www.startup-energy-transition.com.

"The UAE makes developing clean energy a priority in its strategies. It also supports innovation as a forward-looking approach to develop sustainable solutions to the challenges facing the world. Our leadership realises that young people are the driving force towards building a brighter future, and the cornerstone for sustainable development. Dubai Electricity and Water Authority's sponsorship of the SET Award zone at World Energy Congress 2019 supports its strategy to help entrepreneurs in clean and renewable energy; with an integrated system to helps shape the future of global energy," said HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA). "DEWA places innovation at the top of its priorities as part of its vision to become a globally leading sustainable innovative corporation. We are working to support creative minds who develop effective solutions to achieve sustainable development goals and support global e orts to mitigate climate change and global warming. We are doing this by increasing our share of renewable clean energy, increasing energy efficiency, and reducing carbon emissions. This will result in positive global changes that originate from the UAE, the land of peace, happiness, positivity, tolerance, benevolence, and generosity; which has become an incubator for creativity and a destination for innovators from around the world," added Al Tayer.

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DISCLAIMER: Except for the headline and minor editing, this write-up has been published from 'The 24th World Energy Congress Preview'. Devdiscourse is Media Partner of World Road Congress 2019 being organized in Abu Dhabi on 9-12 September 2019.

COUNTRY : United Arab Emirates