The “Energy” industry continues to develop. It has become an all-encompassing term to include oil, natural gas, nuclear, wind, solar, coal, generation, distribution and many other sub-segments. All of these have seen significant improvements and efficiencies over the last several years and in some combination, will power, or provide the Energy, for the future.

A very key part of this continuing evolution is the efficiency of Energy use. We have spent years developing the most efficient solar panel, wind tower, and tools we put downhole. But the efficiency of how we run our businesses is something that many have taken for granted or ignored. This area has the most significant opportunity from here. The effective and efficient management of the molecules, to optimize all of the processes in delivering that Energy, not just producing it, is a critical key to the future. Whether it is digital management of invoicing, capturing all harmful emissions, managing the delivery of power, or optimizing the ability of the electrical grid to operate are all as important as any other part of the Energy change.

ESG friendly, efficient and effective use of assets, profitability are increasingly critical to our industry and as I was once told, there are many ways to win. This will be a key pillar of our future.

For this Company Spotlight, we interviewed Exergy Energy’s Chief Executive Officer (David March). Exergy Energy is a Concierge Utility™ that installs, owns, and operates backup generator sets sized to power 100% of a facilities’ load during times of power outages and peak utility usage. For more information on Exergy Energy, please visit www.exergyenergy.com.

Background: Prior to co-founding Exergy Energy in 2018, David March was a Founder and Managing Partner at Entropy Investment Management, a leading renewable energy development company where he oversaw completion of ….. READ MORE

Headquartered in Houston, Texas, Fervo Energy (“Fervo”) is a developer, owner, and operator of geothermal assets. Fervo applies horizontal drilling, multi-stage well completion, and distributed fiber optic sensing to geothermal reservoir development. Fervo is the first geothermal company to successfully drill and complete a horizontal well pair for commercial geothermal production, leveraging technologies, skills and processes pioneered by Devon Energy for oil and gas production.

Halliburton Labs has most recently introduced FuelX, LiNa Energy, and Solaires Entreprises as the newest participants in its clean energy accelerator to advance clean energy innovation. FuelX manufactures hydrogen storage materials and fuel cell power systems to accelerate the decarbonization of “things that move.” LiNa Energy develops and provides low-cost, solid-state sodium batteries, with a focus on the renewable energy storage market. Solaires Entreprises develops next-generation solar cells, which are lightweight, flexible, efficient, and transparent, improving energy conversion and enabling a wider range of innovative applications for solar energy.

Novalith Technologies (“Novalith”) is a Sydney, Australia based climate technology company that uses carbon dioxide to simplify lithium chemicals production. Instead of the traditional method that relies on significant amounts of sulfuric acid to extract lithium, a process that leaves behind a plethora of harmful by-products and waste, Novalith uses carbonated water to extract the lithium directly as battery grade lithium carbonate and leaves a by-product of inert, CO2-infused rock. Novalith's technology cuts process costs, plant costs, and plant footprints by up to 65%, 50%, and 25%, respectively compared to the conventional process and uses 90% less water than current approaches. This funding will enable Novalith to scale up and commercialize its patented LiCAL™ Technology, including a new pilot facility in Sydney, Australia, which will be used to process numerous lithium resources from around the world and produce lithium carbonate for testing by customers.

Ryse Energy (“Ryse”) is a primary manufacturer of high-performance small wind turbine technologies and provides a range of additional renewable energy systems, including solar and energy storage. Ryse's renewable systems can be used as standalone technologies, grid-connected or off-grid with energy storage, or hybridized to create bespoke and reliable hybrid renewable solutions. Ryse has manufacturing facilities in the UK and Spain, with sales offices across the globe including the USA, Europe, the UAE and India. The investment will enable Ryse to accelerate its international growth and enter untapped markets, expand its technology offerings, and continue to diversify its business model into energy-as-a-service.

Based in California and Colorado, Veloce Energy (“Veloce”) simplifies grid connection, design, installation, expansion, and operation of grid edge systems. Veloce is the creator of the FastGrid hardware and software infrastructure platform, which reduces the time and cost to deploy and operate EV charging stations and commercial and solar storage. Veloce’s futureproofed FastGrid can be installed behind the meter and without the need for major utility upgrades, and with minimal digging and disruption. Funding will be used to drive the expansion and further commercialization of Veloce’s product lines of eMobility and grid edge technology.

Energy Technology Musings

Energy: There are Many Ways to Win