Environmental Protection

Summit to Vet, Deploy Technologies for Smart-Grid Demo

The ATI Clean Energy Incubator and Austin Energy are partnering to sponsor the 2010 Clean Energy Venture Summit (CEVS) to re-imagine the built environment. The Summit will focus on start-up technologies ready for deployment in Austin's $10.4M DOE-funded smart-grid demonstration project. The demonstration project, which includes an integrated energy system of 1,000 homes and 75 businesses, is a product of the Pecan Street Project, the nation's most aggressive real-time, city-wide clean energy laboratory.

The ATI Clean Energy Incubator and Austin Energy are partnering to sponsor the 2010 Clean Energy Venture Summit (CEVS) to re-imagine the built environment. The summit will focus on start-up technologies ready for deployment in Austin's $10.4 million, DOE-funded smart grid demonstration project.

The project, which includes an integrated energy system of 1,000 homes and 75 businesses, is a product of the Pecan Street Project, a real-time, citywide clean energy laboratory.

The one-and-one-half-day summit, scheduled for Sept. 29-30, will feature a competition of 20 early stage clean-energy companies developing in seven focus areas of the Pecan Street Project demonstration project:

  • energy management,
  • building-integrated energy efficiency technologies,
  • smart appliances,
  • energy information systems,
  • smart resource management (electricity, water, gas and waste),
  • distributed energy storage and
  • distributed fueling for transportation.

Summit judges will evaluate entries based on innovation, overall market opportunity, stage of development, intellectual property position, resource requirements, environmental impact and potential return on investment.

“The CEVS provides a truly unique opportunity for growing new businesses in the clean energy space to gain valuable exposure to the world’s leading venture capitalists and financiers looking to support our companies,” said Cason Coplin, chief executive officer of 2009 CEVS winner Ecofit Lighting, a Kansas-based firm. “The feedback EcoFit Lighting received during the 2009 conference helped us refine our investor pitch, leading to the close of a $2 million round of funding. Furthermore, the contacts EcoFit developed during the summit have matured into long-term relationships with prominent investors and advisers, some of which participated in EcoFit’s latest round of funding. CEVS 2010 is an event that should not be missed by any small business, potential investor or any other entity interested in networking with the foremost leaders in the clean energy space.”

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