Start up Energy Transition Awards: who are the best energy start ups around the world?

Posted on 22 January 2018

As we enter the final countdown for applications to the Start up Energy Transition Awards (SET), that will be closing on 31 January, we would like to invite the World Energy Council network to continue spreading the word about the SET Awards. Encourage innovators and start ups to apply ensuring we identify the best and brightest driving the energy transition!

We take this opportunity to also bring into the spotlight some of the exciting profiles and stories of the 2017  finalists. In this interview, learn more about Aurelia Turbines from Finland, and how being a finalist of the premier energy innovators’ international competition, has helped them to succeed.

Finalist of the Cleantech Against Climate Change category, Aurelia Turbines is commercialising gas turbine technology developed in Lappeenranta University of Technology, Finland. The strategy of the Aurelia team from the outset has been to have a world class product with high reliability and efficiency achieved with modular components. Aurelia retains core expertise and are employing industrial, world-class partners to ensure component scalability and ease of integration into Aurelia’s own technology.

Tell us the story behind your project/company?

We knew there’s a need for new, small and efficient gas turbines as the needs in small scale, decentralised power generation are rapidly changing towards more efficient and also renewable energy generation. As Lappeenranta University of Technology, Finland has been developing the needed technologies like high speed machinery and fluid dynamics for over 30 years, we were lucky enough to be able to join forces. Now the first products are in the manufacturing stage and the business is blooming.

What makes you passionate about your project?

Moving towards more energy efficient power generation technology will bring significant savings to commercial and industrial end users, while helping them to reach the reduction targets in greenhouse gas emissions. Our approach is to utilise in our future products the newly development technologies like 3D-printing, etc.. and we have the luxury to work with our magnificent partners developing these technologies.

What in the energy, sustainability, and start-up world keeps you awake at night?

The full potential of energy efficiency is currently not exploited and delivering the message to all stakeholders still needs a lot of work. Generally, understanding the importance of energy efficiency still seems very low.

Tell us what happened after your project/company was selected to be a finalist at SET2017?

Since our participation in SET2017 we have received new orders and started the production of our first pilot turbines. We will deliver the first products at the beginning of 2018.

What stands out for you when you remember SET2017?

An energising atmosphere like nowhere else.

Has SET17 supported your project and/or company, and how?

The publicity gained through SET17 has helped us to gain contacts with new investors, potential partners and customers.

This interview was first published on January 4th on the SET Awards website http://www.startup-energy-transition.com/newsroom/ :