UKRI Acceleretor – Commercialisation Support

International Projects & Technical Assistance

Project description

The Innovate Ukraine, Collaborative Energy Innovation Fund is seeking to address a substantive challenge. Since Russia’s invasion of Ukraine, attacks on energy infrastructure have caused some of the most widespread disruption across the whole of Ukraine – some 50% of energy infrastructure is damaged or destroyed a key focus for restoration and recovery effort. There is a real ambition in Ukraine to use the situation as the basis for a programme to build back better – this will involve some commercialised technology but will also require innovations for technology which does not yet exist in the market. However, innovation takes time, and when the war ends, innovations will be needed urgently to prevent the restoration of the pre-war energy status quo.

The UKRI Accelerator seeks to bridge this gap by providing commercialisation services to the 13 Innovate Ukraine projects which fall into the: waste based energy, green gasses, energy storage, portable generation, renewable heating strategies, smart green grids and green building materials sectors to ensure the businesses/projects taking part are commercially ready, as well as technologically ready, to reach their objectives. Across our consortium our three key expertise areas are: 1) business commercialisation, 2) finance and investment, and 3) communications. Through combining this expertise, we are able to provide support to enable projects to achieve their project outputs, to help project leads to commercialise, no matter where they are in the world and engage with wider sector to help the organisations achieve their goals. This is achieved through supporting them to enhance their commercial readiness, bring their technologies closer to market, investment engagements with companies and create an environment for knowledge sharing which is hospitable between projects and the wider energy and government space.

As part of this project e7 leads the Energy business consulting expert workstream and is responsible for providing a range of accelerator services to the cohort of 13 different projects, all of which have the ultimate goal of supporting projects with their commercialization. Given this e7 has undertaken the following specific tasks as part of direct 1-2-1 business support:

  • Extensive market research and analysis of neighbouring and priority countries
  • Cost-benefit analysis (CBA) and cost benchmarking for competing technologies
  • Identifying competitive advantages for Projects
  • Use case refinement including modelling estimations to ensure the plausibility of data produced by projects
  • Support with potential partner outreach and documentation preparation
  • Studies on international best and worst practice examples to develop lessons learnt
  • Business plan support
  • Feasibility study reviews and support for methodology development to calculate more accurate market assumptions
  • Development of a comprehensive market study entitled "Market Trends and Business Potential of Distributed Energy Resources in the Ukrainian Power Sector" and focuses on assessing potential business cases based on flexibility solutions within Ukraine

In addition to this e7 has led workshops to support the Accelerator Cohort as a whole, on topics such as: “Market trends in within the European energy transition – Economic outlook, business opportunities and integration of the EU-UA energy system”.

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