"Octopus more than doubled its retail customer base over the last two years, acquired failed rivals including Bulb and Avro, and bought oil-and-gas giant Shell’s U.K and German retail utility businesses. The group’s businesses now include EV leasing, installation of smart meters and EV chargers, a heat pump manufacturer and a renewable-generation business with a $7.6 billion portfolio. It also has a fan club that offers local customers cheaper power when Octopus wind turbines in their area are turning."
Startup AiDash raises $50 million for tech using AI, satellites to spot wildfire risk
National Grid, an AiDash customer and investor which owns networks in the UK and United States, said it had seen measurable improvements in cutting the number and duration of outages since using the system to identify maintenance priorities on its Massachusetts grid.
These startups are teaming up to decarbonize cement and concrete
"Producing cement and concrete contributes around 8 percent of human-caused carbon dioxide emissions every year. About 40 percent of those emissions comes from fiery cement kilns that can get hotter than molten lava. The other 60 percent is the result of a chemical process. When limestone is heated to make cement, it breaks down into its constituent parts of calcium oxide and CO2, releasing planet-warming gases into the atmosphere."
Cement Has a Major Carbon Problem. AI Can Help.
Artificial intelligence startups are offering viable solutions to lower the industry's carbon footprint.
Benin entrepreneur harnesses biowaste to power homes, farms
"In a world grappling with climate change and the search for sustainable energy solutions, Enock Gnaga hopes his company Benin Biogas's complete waste-to-energy cycle will usher in a renewed dedication to environmental stewardship for his country."
Lyten’s 3D Graphene Could Build a Low-Carbon Future
Lyten isn’t just absorbing carbon and creating hydrogen fuel while they build a new supermaterial—they are changing the future of environmental innovation.
These Startups Are Helping Carbon Dioxide Find a New Life
"Calgary-based CleanO2 transforms CO2 captured from building heating boilers into feedstock to make soap. Newlight Technologies, a biotechnology startup based in California, takes carbon pulled directly from the air and turns it into biodegradable plastics. Germany’s Covestro AG, one of the world’s largest polymer manufacturers, is also switching some of its fossil fuel-based feedstocks to carbon-derived materials for everything ranging from car shells to medical devices and stadium roofs."
This startup is removing carbon from the air — and here’s why JetBlue is backing it
"Both water and captured carbon can be used to make sustainable aviation fuel. That was particularly attractive to investor JetBlue Ventures, the venture capital arm of the airline, which invests in companies attempting to change the travel industry."
How Artificial Intelligence is Being Harnessed to Predict and Prevent Wildfires
Artificial intelligence is creating ways to save lives, reduce damage, and preserve our ecosystems.
A new venture fund in Seattle aims to accelerate adoption of climate technologies that slash carbon
"Eidelson emphasizes that while Stepchange is driven by what he sees as a moral imperative — working as fast and aggressively as possible to slash carbon from every sector of the economy — he also expects it to succeed financially."