Transgrid partners with EnergyLab to drive innovation

18 June 2021

A partnership has been launched between TransGrid and startup accelerator EnergyLab to help find the best new energy scale-up companies globally.

TransGrid is supporting the 2021 EnergyLab Scaleup Program as a corporate partner. Nine of the world’s best late-stage energy startups have joined the Program which will offer them a unique opportunity to collaborate with TransGrid and other innovative utilities.

Eva Hanly, Executive Manager of Strategy, Innovation and Technology at TransGrid said this partnership will help drive innovation in the sector.

“We’re thrilled to be supporting the EnergyLab Scaleup Program and the exciting cohort of scale-up companies taking part. We’re looking forward to offering them the opportunity to work with us and to develop innovative solutions together. Early stage companies have a lot to offer the energy sector and we’re proud to be supporting them.”

“The transition of our energy system to renewables is creating some real complex challenges for the grid. We will use the relationships formed in the Scaleup Program to identify and develop new solutions to continue to provide reliable, safe and cost effective energy,” Eva said.

Through the program, the selected startups will deepen their relationships with TransGrid, meet active clean energy investors and have opportunities to connect with EnergyLab’s Innovation Partners.

EnergyLab Chair Piers Grove said the Program has recruited startups from across the world that could help unlock new opportunities to save customers money and speed up the transition to a low carbon future.  

“We’re really excited about this global cohort and the opportunity to help them grow through new access to Australian and New Zealand markets. In the age of COVID-19, especially, we’re proud to give Australian utilities access to the best local and overseas energy startups while other, more traditional means of collaboration and expansion remain disrupted.” 

“With TransGrid as a program partner, we also have a unique opportunity to promote innovation and help advance the uptake of renewable technologies in the energy sector. Ensuring our electricity transmission and distribution networks innovate to integrate additional renewable energy generation is absolutely key to enabling the sector’s transition to net zero and customers' access to affordable clean energy.” he said.

The 2021 Scaleup Program cohort represents a diverse global mix of startups that work with energy utilities to innovate across their businesses. From data integrity (Aperio Systems), augmented reality (V-Labs) and electrical safety (Proxxi) to critical infrastructure digital twins (Neara) and grid resilience and reliability (Zaphiro Technologies), these startups represent the best in innovative technologies across the energy sector.