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Elemental Excelerator

EEx at VERGE Hawaii

The VERGE Hawaii: Asia Pacific Clean Energy Summit returned for a second year to Hawaii. The summit focused on how the state can achieve the mandate of 100% renewable energy by 2045. This year, our Elemental Excelerator team partnered closely with GreenBiz, hosts of VERGE, on topics ranging from policy and mobility to startups and scaleup. Read on for some soundbites from the week from EEx.

APTEP Jul. 5, 2017 Latest News

Lahaina Intermediate girls find inspiration at Excite Camp

Cindy Schumacher, Lahaina News, June 29, 2017

Last week, two Lahaina Intermediate middle school girls, Jaiyah Finn and Kiana Claydon, had the opportunity to attend Excite Camp, a Women in Technology (WIT) program sponsored by Maui Economic Development Board (MEDB).
The mission of WIT is to encourage women and girls to pursue education and careers in STEM (science, technology, engineering and math) in the State of Hawaii. Excite Camp, offering stimulating, experience-based instruction focused on today’s most in-demand career fields, combines lectures, hands-on activites, geospatial technologies and onsite tours.

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STEM Works!

Focus Maui Nui, June 28, 2017

Maui Economic Development Board (MEDB), celebrating their 35th Anniversary, will hold the Annual Benefit Dinner and Auction, Pathways to Our Future, on Saturday August 26 at the Fairmont Kea Lani Maui. Thanks to donors of MEDB’s Ke Alahele Education Fund, STEM (science, technology, engineering, mathematics) education is empowering students and teachers throughout Maui County.
“MEDB envisions lives fulfilled in a vibrant economy within the very special culture of Hawaii,” said Graham DeVey, MEDB Program Manager. “An example is Alana Yurkanin, Assistant Marine Coordinator at The Nature Conservancy.

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Efficiency powers Hawaii’s quest for energy independence

Anya Khalamayzer, GreenBiz, June 26, 2017

While Hawaii pursues its commitment to reach 100 percent renewable energy in the electricity sector by 2045, the state is progressing on a parallel track to make better use of the energy it already has.
Improving energy efficiency is the most cost-effective way to move Hawaii forward before adding new generation capacity, according to experts, and will reduce dependence on fossil fuels in the state with the most expensive electricity costs in the United States.
“We know that we need to continue doing both: work on the reduction of energy consumption at the same time that we move forward with clean, sustainable energy systems,” said David Ige, governor of Hawaii, during his opening remarks to the VERGE Hawaii conference in Honolulu. “That’s the best way to make the biggest impact on our environment.”

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3 ways Hawaii is driving toward sustainable transportation

Heather Clancy, GreenBiz, June 26, 2017

It will surprise few readers that California is the biggest U.S. state for electric vehicle adoption by quite a wide lead, with more than 245,000 plug-in models on the road. Hawaii doesn’t even make the Top 10, but the island state stands out for another — perhaps even more notable — reason: it is second only to California in EV adoption per capita, according to data from research EV Volumes.
As of December, there were more than 5,000 EVs making their way around the islands, an increase of almost 28 percent from 12 months earlier, based on government statistics. That momentum helped inspire the launch of Drive Electric Hawaii, an alliance that aims to accelerate the electrification of the state’s transportation system.
There are all sorts of reasons that EVs make sense in a place where there aren’t any gasoline or diesel reserves and where range anxiety doesn’t run rampant. Cities and counties across the archipelago are making the link between electric transportation and Hawaii’s ability to reach its goal of being powered completely by renewable energy by 2045.

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How HECO Is Trying To Modernize Its Electric Grid

Stewart Yerton, Honolulu Civil Beat, June 22, 2017

Stem Inc. in many ways illustrates the challenges facing Hawaiian Electric Co. as it tries to modernize the grid that brings electricity to some 450,000 customers statewide.
Stem has set up massive battery systems and software that diagnose energy consumption at 29 businesses on Oahu. The company says its systems store energy from HECO’s grid and let businesses use the energy during peak times to help even out energy consumption and thereby lower electric bills.
Combined with rooftop solar systems some customers have, the technology creates “virtual power plants,” says Kimberly Setliff, a spokeswoman for Stem, which is based in Milbrae, Calif.

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Hawaii’s energy transition needs local entrepreneurs to thrive

Heather Clancy, GreenBiz, June 21, 2017

Long before Hawaii distinguished itself by becoming the first state to declare a 100 percent renewables goal two years ago, the island had a long history of innovation related to electricity.
After all, the former monarchy’s Iolani Palace was first electrified back in July 1886, four years before the White House, as part of a project that was the brainchild of intrepid entrepreneurs and a royal family fond of making a modern impression.
As was the case more than a century ago, public-private collaboration forged with the mutual goal of advancing new technologies and testing business models will prove key to achieving Hawaii’s aspiration of being powered entirely by renewable electricity by 2045, according to local officials and businesses.

APTEP Jul. 5, 2017 Latest News

Elemental Excelerator

Adapting the EEx Model for a New Utility Accelerator Program

A New Approach To Energy Innovation
In February, Elemental Excelerator was selected to facilitate Free Electrons, a global utility accelerator program backed by some big names in energy innovation – AusNet Services (Australia), DEWA (Dubai), Electricity Supply Board (Ireland), Energias de Portugal (Portugal), innogy (Germany), Origin Energy (Australia), Singapore Power (Singapore), and Tokyo Electric Power Company (Japan). We wrote about its unique structure and our involvement in the program here.

APTEP Jul. 5, 2017 Latest News

Smart Yields in first round of Vatican’s inaugural accelerator program

Anna Hrushka, Pacific Business News, June 8, 2017

Honolulu-based Smart Yields (one of the EEx cohort) has made the first round of the Vatican’s inaugural accelerator program, called the Laudato Si’ Challenge.
The ag-tech company was selected to participate in the first part of the two-part program, called the Fellowship. Companies participating in the first round are paired with a mentor to speak with weekly.

APTEP Jul. 5, 2017 Latest News

State recognizes Hawaii businesses, events for green practices

HJ Mai, Pacific Businesses News, May 19, 2017

Hawaii on Wednesday honored 13 businesses (one of those is the Elemental Excelerator cohort, Ibis Networks) and eight events for pursuing energy efficiency and sustainable business practices with this year’s Hawaii Green Business awards.
One of the recipients is a hotel that diverts up to 30 percent of its wast from the landfill and saves more than 10 million gallons of water annually, the state Department of Business, Economic Development and Tourism said in a release.

APTEP Jul. 5, 2017 Latest News

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