WE ARE ADDRESSING SOME OF THE MAIN CHALLENGES TO A SUCCESSFUL NETZERO TRANSITION. WE NEED HELP FROM LIKE-MINDED PEOPLE WHO WANT TO JOIN US AS WE DEVELOP THE NEXT-GEN RENEWABLE POWER SOLUTION.
We are currently engaging with investors to help us raise the necessary seed funding to develop our technology. We have completed the concept validation and are now testing and modelling the system in collaboration with expert academics.
CHALLENGE
Doubling demand for electricity to power businesses, heat homes and charge vehicles is expected to more than double by 2050.
Governments are looking for continuous baseload supply of electricity to satisfy the doubling demand and enable decarbonisation of businesses.
>£21 Tr spend required globally on Grid upgrade to deliver achieve NetZero capacity demand.
The grid is ageing and saturated and cannot deliver to increasing demand. This causes grid queues of up to 10 years.
150% price increase over last 10 years caused by geopolitical disruption.
With energy as a political power, Europe needs to secure its geopolitical freedom to become independent from foreign supply of energy.
3.4 Mn public charging points required in Europe by 2030 to complete switch to EVs. There is an urgent need to accelerate the decarbonisation of transport.
The charging infrastructure is limited and the demand for high-power charging solutions and a dense infrastructure globally is huge.
10-15% of the population in Europe live in rural areas, and many have ‘hard to reach’ infrastructures.
These areas typically rely more on fossil fuels and are falling behind on the transitioning to full electrification of energy.