Enel and Startups: Energising Innovation

Published on Friday, 18 July 2014

Enel Lab, Join the race to clean energy future and Endesa 2244 are two of the initiatives that are involving start-ups and new tech businesses in the smart revolution that is changing energy sector across the world, a revolution that Enel has for some years been playing a key role in.

Enel Research and the search for ideas are the two areas in which the Group's centres and laboratories have traditionally focused on, but they also scout for businesses working on clean technology projects and in the development of projects and prototypes ranging from smart city systems to the use of Big Data for business intelligence services supporting distributed generation and renewable energy.

Enel Lab is a business laboratory for clean tech companies that the Group launched last year. Two hundred start-ups in Italy and Spain competed for a combined total of €15 million over three years, before seven winners were selected. Enel then incubated them within the business, allowing them to develop new projects, use its laboratories and count on its expertise in the testing of prototypes, as well as receive support on administrative, accounting and tax matters.

Join the race to the clean energy future was created by Enel Green Power as a way of gathering and developing new ideas pertaining to any one of the three operational guidelines of EGP's Innovation department. The crowdsourcing aimed to help improve the performance of existing plants, the integration of renewable energy in populated areas and the use of new green sources such as ocean energy.

Endesa 2244 is an example of open innovation launched in Spain aimed at anyone who has ideas regarding the Enel Group's core business, from energy efficiency to electric mobility, low carbon technologies and energy storage systems.