Austria strengthens its role as an energy innovation country
Our Austrian neighbours are also working intensively on converting their energy system to sustainable and renewable energy. With their climate and energy strategy #Mission2030, they are pushing ahead with the expansion of renewable energies. Umweltförderung (UFI) and the Climate and Energy Fonds (KLI.EN) also support the promotion of projects for the sector-coupled use of renewable energy in the heating, building and mobility sectors. Thereby, 9 million tons of CO2 emissions could be saved each year in Austria, provided that the share of renewable energy increases.
Merely with the current technologies it will be difficult. Further expansion will require technologies and innovations on the one hand and actors as well as markets on the other. Applications and use-cases will only arise when research results and technologies leave research laboratories and find their way into practice, for example through pilot projects. Similarly, innovative business models bring new solutions to the market. Here, statutory regulations as well as financial resources and lighthouse projects are helpful for pionieering innovations. Dr. Leonhard Schitter, MA, President of Austria’s Energy Agency (OE) and Maria Patek, Federal Minister for Sustainability and Tourism, conveyed these messages to the participants of the fourth Austrian Energy Trendforum.
Fourth Austrian Energy Trendforum with focus on innovations and startups
The event took place on 21 November 2019 for the fourth time this year in Vienna on the topic “Innovations for the energy system of the 21st century”. The importance of research and future technologies as well as their implementation in the industry as means to reduce CO2 emissions were emphasized.
“Energy is the top topic of our time” said Dipl. Ing.in Maria Patek, Federal Minister of Economics for Sustainability and Tourism, MBA
“Austria and the EU have set themselves very ambitious goals. By 2050, Europe should be the first climate-neutral continent. At the same time, prosperity and competitiveness must be maintained at a high level. The courage to innovate is the driving force behind an eco-social market economy that successfully meets the challenges of the 21st century. Research and innovation are a basic prerequisite for achieving national and international climate and energy goals”.
Decarbonisation requires new technologies and innovations
Accordingly, there is a high demand for innovations. In cooperation with the Austrian E-Economy „Oesterreichs E-Wirtschaft“ OE, we launched an innovation platform. On this platform we collect and filter information and cooperation requests to accelerate the realization of innovative projects. Companies, startups and investors can create their own profile on said platform. Startups can publish requests for free to find suitable development, sales or strategic partners as well as investors. This gives them more visibility to established companies. At the same time, companies can also submit cooperation requests or initiate specific challenges where innovative startups apply for cooperation projects.
“In this way, we can accelerate innovation. We are very pleased about the cooperation with OE,” says our CEO, Sven Pietsch. “It helps us to further connect the innovation ecosystems of Germany and Austria. To fulfill our mission, we are dependent on partners. Therefore, the procedure would not be possible without the support of OE“, Sven continues and added: „The cooperation with OE has been running for 2 years. After the first good experiences, we have now improved the platform again to provide members of the association with even more functions such as LIVE Matching. Users can easily adjust in which areas they are currently looking for innovation and regularly receive suggestions, innovative project ideas or find implementation partners via the platform”.
Click here to take a deeper look at the new OE Innovation Platform.
Startup Pitches at the 4th Austrian Energy Trendforum
Three other startups, Greenwell Energie GmbH, MYPV and Luvside pitched their innovations at the fourth Trendforum. Greenwell Energie GmbH developed a smart solution for providing geothermal energy to the agricultural sector. The startup MYPV ensures the use of PV power for heat supply in rooms and for hot water supply. Startup Luvside is working on vertical rotors for the offshore sector. Greenwell Energie will present its solution to a large professional audience at Austria’s Energy Congress 2020.
These and many more startups can be found with more information in our Innoloft database.
Picture credits: OE / Christian Fürthner
Picture description: Dr. Leonhard Schitter, President of OE (2nd left), Maria Patek, Federal Minister for Sustainability and Tourism for Energy Policy (middle, left), Sven Pietsch (middle, right), CEO Innoloft GmbH; Barbara Schmidt, Secretary General of OE (2nd right)