Propel your business with Ørsted

Are you looking to revolutionize the energy industry?

About Ørsted Propel

At Ørsted,  we’re committed to working with innovative start-ups that are ready to tackle the challenges the energy industry faces. Therefore, we’ve officially launched a four-month open innovation programme with Rockstart – a leading early stage VC-accelerator – to find the best solutions for a more sustainable future.

The purpose of the programme is to support up to ten start-ups with their commercialisation and growth through Ørsted’s vast network, capabilities, and resources. Through this development, there’s potential to develop pilot projects, funding opportunities, and other long-term engagements with Ørsted. Ørsted Propel selected its first start-ups in December 2022. Stay tuned for our new call for applications!

Ørsted in the sea

Why Apply?

Commercialize with Ørsted

Meet with Ørsted’s team to validate a potential collaboration with their onshore and offshore global portfolio.

Access to Funding Opportunities

Explore opportunities with Ørsted and Rockstart, as well as their respective networks of international investors.

Industry and Strategic Expertise

Gain access to a network of experts tailor-made to your needs that will support you throughout the programme and beyond.

Who are we looking for?

Ørsted is looking for European-based start-ups with promising hardware and software solutions that could revolutionise the entire energy industry, and who are looking for a partner to help validate their technology on the market. The start-ups should focus on the integration of renewable electricity into the energy system (‘system integration’) and fit one or more of the following solution themes:

Conversion and storage of surplus renewable electricity

Technologies that enable the best use of energy surpluses in the electricity system, for example technologies that aid the commercialisation of Power-to-X (e.g. hydrogen-based green feedstock or synthetic fuels) or long-duration energy storage.

Enabling flexible and efficient usage of energy

Technologies that enable or accelerate the deployment of demand response in energy-intensive applications, such as sector coupling (power, heat, transportation, heavy industry) or through scalable aggregation of decentralised energy usage.

Ensuring the stability of the electricity grid

Technologies that enable fast regulation of electricity supply and/or demand, for example technologies that could aid the provision of ancillary services to the TSOs (transmission system operators), advanced dispatching algorithms, low-cost short-duration energystorage, or other enablers for system-friendly wind/solar farms.

Aggregating and orchestrating data to better understand energy supply and demand

Technologies that focus on digitalisation and access to macro/microdata for market synchronisation and transparency. An example could be using algorithms to provide energy demand forecasting or accurate weather forecasting for renewable energy production..

Shortening the geographical proximity of energy production and consumption

Technologies that can overcome electricity transportation bottlenecks, for example by avoiding intermediaries or by increasing co-location of electricity consumption and production.

Key Dates

22-24 February

Kick off days

28 February-3 March

Deep dive week one

20-24 March

Deep dive week two

10-14 April

Deep dive week three

9-12 May

Deep dive week four

23-26 May

Final days

25 May

Finals event

Ørsted in action

About Ørsted

More than 80 % of the world’s total energy consumption still comes from fossil fuels. The resulting pollution is harmful to our planet. We want to change that. And our vision is clear: Let’s create a world that runs entirely on green energy.

 

Ørsted is the world leader in offshore wind. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. Ørsted is recognised on the CDP Climate Change A List as a global leader on climate action and was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative (SBTi). Headquartered in Denmark, Ørsted employs approx. 8,000 people.

 

Do you have any other suggestions on how to accelerate the energy transition?

 

Reach out to zara@rockstart.com with solutions that can revolutionise the offshore wind industry. Let’s explore jointly!

FAQ

Who can apply for the Ørsted Propel programme?
What type of collaboration is Ørsted looking for?
What happens after I apply?
Will this programme take place online?
Are there any costs for participating?
What’s included in the support programme?