The Challenge
The New Energy Challenge 2022 is a competition for start-ups and scale-ups and is bringing together cutting-edge innovators from Europe and Israel to make energy systems not just carbon-neutral but also “carbon-useful” – and at scale.
The winning companies will be given the opportunity to connect with investors and experts, unlocking the knowledge, contacts, funding, and support needed to scale their business and help them to drive change in the energy system.
Carbon capture
Innovations of interest include: traditional carbon capture technologies like post and pre-combustion, alternative firing (e.g. Oxyfuel, hydrogen firing), and carbon removal (including Negative Emissions Technologies like Direct Air Capture (DACCS) technologies and carbon sequestration through nature-based solutions like bacteria/algae, rock, peat, bog, kelp, oceans, and trees).
Carbon utilization
Innovations of interest include those creating carbon demand in the agriculture, manufacturing, and construction industries – such as for biofuels, proteins, nanotubes, proteins, plastics, and chemicals, and so on.
Carbon offsetting and trading
Innovations of interest include: carbon marketplaces, measurement, and traceability solutions that can keep track of offsetting initiatives.
Energy-efficiency
Innovations of interest include digital solutions that aim to measure and reduce emissions from current operations, such as digital twins, predictive maintenance, flare management, digital grids, value chain integration and green data centres.
What's in it for you
Collaboration with Shell
Admission to Shell GameChanger program
Training and coaching designed by Rockstart and YES!Delft
One-on-one meetings with Shell experts
Access to Shell, Rockstart, Unknown Group and YES!Delft's network and experts
Additional Criteria
Start-ups must be in TRL 2-5 stage, up until and including seed stage
Scale-ups must be in TRL 6-9 stage with early revenues, market validation by pilot(s), Series A and higher
Have a solution that is focused on the transition to a sustainable energy future, with an explanation on how Shell connects to this solution
Have a unique scalable product or service
Be a registered company in Europe or Israel (equivalent to the Dutch B.V. (eg UK – Ltd., Germany – GmbH).
Have at least 2 founders
Timeline
Deadline to Apply
The deadline for applications is the 1st of May, at midnight (UTC+2).
The Top 20 finalists will be announced at the end of May.
Deep-Dive Interviews
Selected startups will be invited for deep-dive online interviews taking place mid-June.
Selection
The Top 10 finalists will be announced in July and invited for the Finals Week.
Finals Week and Pitch Event
All 10 finalists will pitch in front of a jury of experts who will select the winners of the New Energy Challenge 2022 taking place beginning of November.