Challenge 4: Energy

According to the latest data provided by the National Institute of Statistics (INE), barely a third of the energy consumed in Spain is produced locally. This figure places Spain as one of the most energy-dependent countries in the European Union, as the EU's average energy dependence is 53%. Energy savings are essential to reduce the energy consumption of our companies, both at the domestic, business, and transport levels. We face a banking and industrial challenge to completely transform the way we produce and consume energy. Reducing energy poverty by making electricity more accessible to all households. According to the ACA (Association of Environmental Sciences), 4.6 million people in Spain cannot reach an adequate temperature in their homes during the cold months. Being pioneers in solar energy production in Spain is a near reality since we have spectacular levels of solar irradiation; we are the land of the sun. With the elimination of the solar tax, the value of renewable energy in Spain is seeing the light again!  

• Unsustainable modes of production and energy technologies.
• Unequal access to energy in society.
• Waste of raw materials.
• Energy inefficiency.
• Excessive consumption of primary energy.
• Energy dependence.

• New forms of energy production.
• New forms of energy distribution.
• Improvements in technology to increase efficiency (SMARTGRIDS).
• Electrification of transport.
• Learn new forms of energy consumption that adapt to renewable energies.

FOUNDING TEAM: Oriol Vila, Carlota Pi and Ferran Nogué

INNOVATION: To market only 100% renewable energy at an affordable price.

WEBSITE: holaluz.com

Holaluz's objective is to achieve a world that runs 100% on green energy.

HolaLuz aims to connect people to green energy by offering 100% renewable electricity and with fair prices that translate into average savings of 100 Euros/year thanks to the intensive use of technology, putting the customer at the centre and establishing a relationship of mutual trust.

The company expects to reach one million customers and 50,000 photovoltaic installations by the end of 2023. Holaluz achieved a turnover of 194 million Euros in the twelve-month period ending 30 June 2019, positive EBITDA, and a team of 190 people.

FOUNDING TEAM:

INNOVATION: It proposes to transform garbage into biofuel for vehicles.

WEBSITE: life-methamorphosis.eu

The LIFE Methamorphosis project is co-financed by the European Commission under the LIFE programme, which aims to promote innovative technologies in the field of environment and climate change to drive changes in the development and implementation of policies by providing solutions and improvements.

It is a technology demonstration project that pursues the same objectives as the LIFE programme, especially the mitigation of climate change through increased use of renewable energy and, in particular, the production of biomethane from waste treatment plants, which promotes the reduction of greenhouse gases compared to other fuels. It represents a revolution in urban mobility and the development of the cities of the future. This initiative is also in accordance with the guidelines on the circular economy promoted by the European Community.

The project proposes to demonstrate two innovative waste treatment systems on an industrial scale.