Energy efficiency solutions to lower CO2 emissions

Selected companies with innovative technology or business models will pitch for investment. OGCI Climate Investments commits up to $50M for promising solutions.

2019 Venture Day

2019 Venture Day
Energy efficiency solutions to lower CO2 emissions

OGCI Climate Investments is committing up to USD 50 million to companies with promising energy efficiency technologies and business models ready for pilots or deployment. If you have a solution that can materially reduce CO2 along the energy or industrial value chains, please apply!

The selected technologies or business models should reduce CO2 via increased efficiency in the following value chains: Energy – including oil and gas, distribution networks – or Industrial – including plastics, construction, metals and other heavy industries.* They should also demonstrate strong potential for wide scalability to enable material impact.

*For the purpose of the 2019 Venture Day, OGCI Climate investments is not considering proposals focused on energy efficiency solutions for the residential sector.

FOCUS AREAS WITHIN ENERGY & INDUSTRIALS

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Materials & Resources
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System Design & Process Optimization
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Automation & Digitization
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Distribution Networks

The CO2 Challenge…Increase the Efficiency!

Energy & Industrial ~75% of manmade GHG

Sources: Carbon Brief (2017) & IPCC (2014)

Dual Challenge
by 2040:

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    ­ ⬆ +38% in Energy Demand
    driven by population growth to 9.2B and economic growth nearly doubling global GDP

&

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    ⬇-45% in GHG emissions
    needed to limit global warming to 2°C above pre-industrial levels

Sources: IEA WEO (2018), OECD (2018) & UN (2017)

Energy Efficiency is key to the Paris Agreement

Energy efficiency improvements lowered GHG emissions by ~11% in the past 18 years. Yet 2017 showed the slowest rate of improvement since 2010

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    Power generation
    60% losses due to inefficient conversion processes, emitting 13 Gt of CO2 in 2017
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    Industrial processes
    79% efficient, yet releasing nearly 6 Gt of CO2 emissions in 2017

Sources: IEA Energy Efficiency (2018), IEA WEO (2018) & Lawrence Livermore National Laboratory (2018)

A 10% increase in energy efficiency in the US will eliminate 1 gigaton of CO2 emissions, without having to reduce demand. With the world’s growing population and rising economies, energy efficiency can deliver an increased value output while reducing CO2 emissions.

Sources: IEA WEO (2018) & Lawrence Livermore National Laboratory (2018)

What’s in it for you?

At OGCI Climate Investments we are uniquely positioned to help your business thrive. In addition to capital, we will support you with access to customers and deployment and will collaborate with multiple stakeholders to help you gain speed and global reach.

2019 Venture Day
Energy efficiency solutions
to lower CO2 emissions

  • Invitation-only event hosted by OGCI Climate Investments as part of CERAWeek Agora Sessions

  • Presentations made by a selected shortlist of 10-15 companies seeking investment

  • Follow-up discussions and networking reception

  • Attendees: CERAWeek partners, entrepreneurs, operational and energy experts, including representatives of our 13 oil and gas member companies, and like-minded investors.

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