Dynamo Energy Hub

The Dynamo Energy Transition Summit at Climate Week tackled the big topics with the big movers and shakers of the industry. We’re thrilled to witness Greg Jackson, Founder & CEO at Octopus Energy, join Alix Steel, Anchor Bloomberg Markets, European Close, Commodities Edge at Bloomberg, during a fireside chat about how innovative technologies are revolutionizing the energy market. With renewables now outpacing coal as a power source, disruptive technologies like smart grids and AI integration are crucial to scaling efficiency. As the energy sector undergoes a digital transformation, we heard from Octopus’s Founder how they and their company, Kraken, enable greater grid flexibility for utilities and their customers in an increasingly digital energy world.    Ever the story-teller, Greg spoiled us with this analogy as a cautionary tale…  Procrustes was a Greek innkeeper. If a guest were too long in the bed, he would chop your legs off, and if you were short, he stretched you. Our energy system is moving from a world where, with coal, you can always make the amount of energy the exact same length of the bed to one with renewable, where the amount of energy varies. What would’ve been better is if Procrustes said: “’If you’re a bit long for the bed, curl up. And if you’re short–enjoy the space’... and that’s how we should be thinking about energy to consumers!”     Thanks to both Greg and Alix for this engaging and fast-paced look at the energy transition.     #DynamoSummit2024 #ClimateAction #ClimateWeekNYC #ClimateWeek #EnergyTransition 

Welcome, Electron, to the Dynamo network! Electron is revolutionizing the way the world interacts with energy markets. Their advanced technology solutions enable system operators and network utilities to increase the value and volume in local flexibility markets, driving efficiency and sustainability across the energy landscape. Some ways they do this are: 💪 Enabling Distribution System Operators to procure flexibility 🔒 Helping Transmission System Operators to safeguard consumer's energy security 🚀 Delivering Flexibility Service Providers new revenue opportunities We're excited to witness the waves Electron will make in the Dynamo network!

Time’s running out to secure your spot at Climate Tech & Tonic: London 2024! 🚀 Don’t miss this exclusive opportunity to mix and mingle with the brightest minds in climate tech and the top leaders from the Dynamo and BloombergNEF networks. Join us at our stunning London hub on Monday, October 7th, for an unforgettable evening of networking, innovative ideas, and cocktails. Whether you're an investor, innovator, or attendee of the BNEF Summit, this is the place to connect! Register your interest here: https://lnkd.in/gVg5tupS

We're excited to share that Cipher News gave Dynamo a special shoutout in their recent newsletter, highlighting our presence at Climate Week NYC! The collaboration between Cipher and Dynamo continues to spotlight key takeaways from the forefront of the energy transition. A huge thank you to Cipher, including their Executive Editor Amy Harder, for recognizing our efforts and amplifying our voice in the clean energy space.    If you haven’t already, make sure to sign up for Cipher’s newsletter to stay informed on the latest energy news and more! https://lnkd.in/e2Th2psV #ClimateWeekNYC #EnergyTransition

The US faces significant challenges, with aging infrastructure and an anticipated 40% increase in demand by 2040. How can we overcome bottlenecks and unlock new opportunities for renewable integration?     These are topics that Dynamo Energy Hub’s Co-Founder & President, Kristin Barbato, asked of our panel of grid infrastructure executives during a panel called Gridlock: The Challenges and Opportunities Facing the Transformation of the Energy System. The panel featured Lynda Clemmons, Chief Sustainability Officer at NRG Energy, David Hardy, Group EVP & CEO at Ørsted, Sarah Orban Salati, CCO at National Grid Ventures, US, and Sandhya Ganapathy, CEO at EDP Renewables North America, to discuss the ongoing grid modernization efforts and their insights into policy shifts that can drive grid innovation.      #DynamoSummit2024 #ClimateAction #ClimateWeekNYC #ClimateWeek #EnergyTransition

Having come from very successful endeavors in the private sector, both Under Secretary David Crane and Deputy Under Secretary Leslie Biddle amplified the relationship between private sector and public sector to collaborate on big initiatives.  Not only were they able to celebrate the impressive funding capability of the DOE (eg. over $62B in clean energy projects from the Bipartisan Infrastructure Law alone), but also spoke of the accomplishments from funding recipients. This has been an era of significant realignment for the Department’s innovation mission, and they discussed how that in the past few years, Congress has dramatically refocused the DOE’s mission on demonstration and commercialization efforts through the Energy Act of 2020, the IIJA, and the IRA.  They closed the discussion, agreeing that no matter what happens in November, there will be a transition of sorts at the U.S. Department of Energy (DOE). In the meantime, they are still tirelessly working to get more funding out the door in the remainder of 2024 and encourage the private sector to continue pushing forward with big, innovative projects for the energy transition. #DynamoSummit2024 #ClimateAction #EnergyTransition

Zerogram: "Our purpose is to help every single organisation achieve net zero ambitions." How can businesses take effective steps toward achieving net-zero emissions? We’re excited to welcome Zerogram as the latest member of Dynamo Energy Hub! Zerogram brings a wealth of expertise in developing customized decarbonization strategies, energy audits, and net-zero plans. By integrating renewable technologies and optimizing energy systems, they help businesses reduce their carbon footprint and drive sustainable growth. Welcome to the Dynamo network, Zerogram. Thrilled to have you with us!

Thank you to everyone in our incredible Dynamo network who helped make this year's Energy Transition Summit our biggest to date! We were joined by industry leaders, policymakers, and innovators—including renowned speakers from 15 different countries—who are all driving the global conversation forward. Meade Harris, Co-Founder & CEO at Dynamo Energy Hub could not have said it better: "What happens in this room matters. At Dynamo events, you get deals done just by walking around."    We want to give a special shout out to our event partners--HSBC, Kraken, Topsoe, Ørsted, Mintz, Google, NRG Energy, National Grid, Baker Botts, Westinghouse Electric Company, TAQA Group, Antin Infrastructure Partners, BloombergNEF, Cipher News, and Breakthrough Energy Catalyst—who made our event possible. And thank you to all our speakers and panelists—including Greg Jackson (Octopus Energy), Laurel M. Buckner (BHP), Leslie Biddle (U.S. Department of Energy (DOE)), Farid Al-Awlaqi (TAQA), Roeland Baan (Topsoe) and Mads Nipper (Orsted)—who helped to drive a truly global conversation and inspired us all to continue to innovate, interact, and invest.

Join the Dynamo and BloombergNEF networks on October 7th for our Climate Tech & Tonic: London 2024! We pride ourselves on bringing together the drivers of the energy transition, and this event is no exception. It is the perfect place to get an introduction to investors and connect with fellow climate tech innovators and attendees of the BNEF Summit London. Don't miss out on this unique opportunity. Register your interest today!

Here’s a quick recap of 2023 investment trends and how they are surging forward in 2024 and beyond.    Today, Albert Cheung, Deputy CEO & Head of Global Transition Analysis at BloombergNEF, took to the stage in front of a standing-room-only crowd to present the latest energy trends briefed in BNEF’s annual report, New Energy Outlook. This session covered emerging trends, including record growth in solar and wind capacity, and offered a glimpse into the future of global energy markets. A few notable trends:  ⚡️ 2023 saw renewables surpass fossil fuels in Europe for the first time, a historic moment for the transition. ⚡️ Tripling global renewables would put us close to a net-zero pathway. ⚡️ Energy investment needs to ramp up, particularly for storage and grid. ⚡️ For the Net Zero Scenario, multiple technology pathways must succeed. #DynamoSummit2024 #ClimateAction #ClimateWeekNYC #ClimateWeek #EnergyTransition