As part of the European Innovation Council (EIC), the Greenhouse Gas Programme (GHG) introduced a co-creation opportunity between Europe’s largest corporates and EIC beneficiaries to help build win-win synergies and co-create solutions with business partners. With that in mind, the EIC and its business partner Iberdrola invite you to apply to our joint EIC GHG Co-creation initiative to work together on better solutions that can reinforce GHG emissions reductions.
Acting on sustainability and capitalising on innovative thinking is an important priority for companies. Being one of the main energy technology companies in the world – third by market capitalisation and leader in renewables –, Iberdrola is leading the way when it comes to energy transition towards a low-emission economy.
The Iberdrola group supplies energy to nearly 100 million people in dozens of countries and develops its renewable, grid and commercial activities in Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy, and Greece), the United States, Brazil, Mexico, and Australia. In addition, they are also working in markets such as Japan, Ireland, Sweden and Poland, among others.
With Iberdrola-PERSEO (the group’s international programme for start-ups that facilitates access to top-notch technologies and promotes the creation and development of a global and dynamic ecosystem in the energy sector), Iberdrola is looking to collaborate with EIC beneficiaries to tackle key challenges and lead society to a more sustainable future.
So, save the date: this co-creation journey with Iberdrola kicks off with an event on 8 and 9 June 2022. You can find more info about the co-creation process and timeline below.
Let us know why you’re the right co-creator here and join this collaborative journey.
Deadline for applications has been extended until 13 April 2022.
Why should you join the EIC GHG Co-creation initiative?
- Explore how your solutions and capabilities can be sustainable
- Network and collaborate with Iberdrola, and like-minded innovators
- Build a roadmap of market entry with Iberdrola
- Closely work with partners on solutions that can best fit the market
- Find potential partners and customers in the industry
- Get access to experts from the EIC
Your co-creation journey
The EIC GHG Co-creation with Iberdrola will be an entirely virtual service following the co-creation journey below.
Step 1: Applications and info webinar
To apply to the EIC GHG Co-creation with Iberdrola, you are invited to fill out the application form available here by 13 April 2022 (extended deadline).
During the application process, an info webinar (21 March 2022, from 10:00 to 11:00 CET) will be organised to provide more information about the co-creation initiative, the application requirements, and challenges. If you would like to attend this info webinar, make sure to register here. In addition, you can check the agenda of the info webinar here.
*Please note that your registration to the info webinar does not imply that you will be selected for the co-creation initiative with Iberdrola.
Step 2: Selection process
As soon as we close the submission process, your application will be shared with Iberdrola. Then, we'll proceed with the evaluation and selection of the final list of participants. You'll be contacted once the selection process is completed. Also, please note that any feedback or recommendation to the companies that were not selected won't be foreseen.
Step 3: Co-creation training – 30th May I Save the date!
Successful and confirmed participants will be invited to join a co-creation training in which you will be briefed into more detail about the co-creation process and encouraged to undergo pitching training to prepare your pitches for the kick-off.
Step 4: Co-creation kick-off event – 8th & 9th of June | Save the date!
After the selection process, a two-day ideation event with Iberdrola will take place on 8 and 9 June 2022. It will help you better understand the challenges and start co-developing your solutions with the business partner. During this meeting, you'll also have the chance to define a clear roadmap with your next steps.
Step 5: Iteration & development
You'll have four months to implement the roadmap defined with Iberdrola and can validate it regularly to ensure you are steering in the right direction. The business facilitators and experts will provide you with the necessary support along the way.
Step 6: GHG Summit | Autumn 2022
The GHG Summit will be a way of showcasing success stories developed in close collaboration among business partners and EIC beneficiaries.
Challenges
Regarding challenges, Iberdrola is keen on discovering new solutions for the following topics:
Challenge 1 – Smart solutions for demand-side carbon footprint assessment
Context: We’re aiming to offer a new service/product to our customers to achieve CO2 and other GHG emissions reductions at their premises. A first solution should focus on assessing and monitoring carbon footprint and the environmental impact related to our customers’ activities, whether they’re residential customers or commercial and industrial ones.
Possible solutions:
- Automatic data collection directly from the source of information (via API, SFTP, etc.)
- Monitoring and calculation of GHG emissions based on real inputs (e.g., from energy bill or customers’ inputs) and other non-measurable activities
- Detailed report consolidation to be shared with third parties (customers, public entities, etc.)
- Automatic mitigation plan elaboration to be shared with third parties
- Non-exhaustive list of possible technologies to be included in the solutions: Artificial Intelligence (AI), Internet of Things (IoT), blockchain, smart metering, big data, 5G, smart building
Challenge 2 – Smart solutions for demand-side mitigation of GHG emissions
Context: We’re aiming to offer a new service/product to our customers to achieve CO2 and other GHG emissions reductions. A second solution should allow our customers, whether they’re residential customers or commercial and industrial ones, to implement a mitigation plan for the reduction, and offset of their carbon footprint and their environmental impact.
Possible solutions:
- Provision of demand-side insights, not only for use or energy optimization but for GHG emission reduction
- Automated identification and recommendation of GHG emissions reduction quick wins measures
- Automated identification and recommendation of offsetting actions to compensate GHG emissions
- Monitoring of mitigation plan implementation
- GHG Emissions trading platform
- Non-exhaustive list of possible technologies to be included in the solutions: AI, IoT, blockchain, 5G, smart home, building management systems
About the EIC Business Acceleration Services
This opportunity is brought to you by the EIC Business Acceleration Services. To explore other opportunities to connect with the largest corporates in Europe, keep an eye on our events page.
About the EIC GHG Programme
With the EIC GHG programme, part of the Business Acceleration Services, the EIC offers its beneficiaries a dedicated GHG tool, the GHG Badges & CO2 Neutral Label initiative, and further resources.
In addition, co-creation activities with corporates, industrial associations, regions in carbon transition and other EIC beneficiaries are taking place on a regular basis.
Discover the EIC GHG Badges feature!
Your journey towards carbon neutrality has a new addition. As part of the EIC GHG Programme, we’ve added the complementary GHG badges & label feature to help you show off your green progress, which you can share with your clients and community.
Need help?
For additional information, please refer to our helpdesk (please choose ‘EIC GHG: Co-creation with Iberdrola’ as the subject).
Cancellation policy
Cancellations will only be considered in duly documented cases of "force majeure". Unjustified cancellation can lead to exclusion in future Business Acceleration Services events.
Should you have any questions regarding the event or your eligibility, please contact us through our contact page (please choose ‘EIC GHG: Co-creation with Iberdrola’ as the subject).
DISCLAIMER: This information is provided in the interest of knowledge sharing and should not be interpreted as the official view of the European Commission, or any other organisation.