The 10 Most Intelligent Energy Tech Companies to Watch in 2021
The concept of Intelligent Energy Network is an effective way to highlight the importance of renewable energy sources. And Insights Success, in its upcoming edition “The 10 Most Intelligent Energy Tech Companies to Watch in 2021”,
The concept of Intelligent Energy Network is an effective way to highlight the importance of renewable energy sources. And Insights Success, in its upcoming edition “The 10 Most Intelligent Energy Tech Companies to Watch in 2021”,
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VOL 01 I ISSUE 02 I 2021
Frédéric Gastaldo
CEO & co-founder
tiko Energy
Solutions AG
Industry Insight
Time For
Transformation
Of Energy Tech Sectors
Leaders Viewpoint
Reasons Why There
Is A Need For Setting
A Positive Work Culture
For Remote Employees
The 10 Most
Intelligent
Energy Tech
Companies to
Watch in 2021
tiko Energy
Solutions AG
Revolutionizing Energy Sector
through Virtual Power Plant
Editor’s Desk
The Future of
Energy
he rapid changes in technologies we use in
Tdaily basis is dramatically increasing the
global demand for electric power. As users,
we’re consuming power at an alarming rate, from air
conditioning systems, household appliances, heating
systems, and all forms of entertainment devices to
cloud computing, computers, and consumer
electronics.
With the fourth industrial revolution, we’re also
stepping towards electric vehicles at an ever
increasing rate. And let’s not forget the industrial
power needed to produce all these products, as well as
keep the other wheels of industry turning. According
to a report, the global electricity demand has been
expected to nearly double from the year 2010 to 2030.
There is no doubt that we are going to consume more
electricity than we can generate or distribute. The
situation becomes more obvious during summer
months where peak power demand is highest and the
frequency of rolling black and brown outs increases.
Intelligent Energy Network can be the answer of all
energy problems. By definition, it is an integrated
network of multiple energy vectors which are
managed in an intelligent way. The IEN is to be
capable, with a continuous monitoring and analysis of
the energy needs in required quantity, quality and
type, of managing energy vectors production and
storage. The storage points available in a pre-defined
section of the network (IEN cell) to produce,
transport/store, and supply the right mix of
energy vectors to meet the demand.
The concept of Intelligent Energy Network is an
effective way to highlight the importance of
renewable energy sources. And Insights
Success, in its upcoming edition “The 10 Most
Intelligent Energy Tech Companies to Watch
in 2021”, is bringing top companies which are
known for their advance intelligent energy
solutions and services.
The cover features Renewable Energy Group
(REG). The company is leading the energy
industry's transition to sustainability by
transforming renewable resources into highquality,
cleaner fuels. Since its inception in
2006, Renewable Energy Group has blended
environmental stewardship with profitable
solutions.
Also, while flipping the pages, don’t forget to go
through the articles and CXOs written by our inhouse
editorial team and industry experts
respectively.
rohit.chaturvedi@insightssuccess.com
Happy Reading!
COVER STORY
08
tiko Energy
Solutions AG
Revolutionizing Energy Sector
through Virtual Power Plant
ARTICLE
32
Industry Insight
Time For Transformation Of
Energy Tech Sectors
Leaders Viewpoint
20
Reasons Why There
Is A Need For Setting
A Positive Work Culture
For Remote Employees
C
16
Origami
Creating a Green
Energy World
with Innovation
O
N
T
E
N
24
Renewable
Energy Group
Blending Environmental
Stewardship with
Profitable Solutions
28
Utilibill
Guiding Utilities to
the Cloud
through Digital
Transformation
T
S
36
Wuudis
Solutions Oy
Easy-to-use IT
Solutions for Forestry
Editor-in-Chief
Sumita Sarkar
Managing Editor
Anish Miller
Executive Editor
Rohit Chaturvedi
Assistant Editors
Jenny Fernandes
Visualizer
David King
Art & Design Director
Asha Bange
Associate Designer
Kushagra Gupta
Co-designer
Kartik Balapurkar
Senior Sales Manager
Kshitij S
Business Development Manager
Peter Collins
Marketing Manager
John Matthew
Sales Executives
David, Martin, Sagar
Technical Head
Jacob Smile
Business Development Executives
Steve, Joe, Aidan, Binay
Technical Specialist
Aditya
Digital Marketing Manager
Marry D'Souza
SME-SMO Executive
Amol Wadekar
Research Analyst
Frank Adams
Circulation Manager
Database Management Technology Consultant
Robert Brown Stella Andrew David Stokes
sales@insightssuccess.com
January, 2021
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Company Name
Huckert's International
huckerts.net
Featured Person
Valérie HUCKERT
and
Florence Huckert
Owner
Brief
Created in 1957, Laboratoire HUCKERT'S International
develops and manufactures disinfectants and hygiene products
of high technology.
Metrendalytics Consultants
metrendalytics.com
Jahanara (Jan) Miotto
President
Metrendalytics Consulting, focused on helping companies
develop highly customized and flexible business intelligence
solutions.
New Energy Equity
newenergyequity.com
Matt Hankey
President & CEO
New Energy Equity is the country’s leading end-to-end solar
development and finance specialist company, having
successfully completed more than 150 projects totaling more
than 145 megawatts.
Renewable Energy
Group
regi.com
Cynthia (CJ) Warner
President CEO
Renewable Energy Group is leading the transformation of
biofuel into something that helps improve the environment and
grow customers’ profits.
ShalePro Energy Services
shalepro.com
Bill Johnson
PRESIDENT & CEO
ShalePro Energy Services (formerly Basin Energy Group) is
proud to provide best-in-class services to the production and
midstream sectors of the ever-growing oil and natural gas
industry.
Solar Wolf Energy Inc
solarwolfenergy.com
Ted Strzelecki
CEO
Solar Wolf Energy is a nationwide residential and commercial
solar energy installer with years of experience that provides
customers with the power to be off-grid or just offset their
electricity bill for financial independence.
tiko Energy Solutions AG
tiko.energy
Frédéric Gastaldo
CEO, co-founder
tiko's flexible and modular technology enables innovative,
hybrid business models that allow each actor to gain money
and efficiency while enabling consumers to gain insight and
control over their energy consumption.
Utilibill
utilibill.com.au
Morgan Duncan
CEO
Utilibill® embrace customer self enablement. This extends to
its utility and Telco customers.
Venture Kick
venturekick.ch
Dr Danil Korchagin
Founder
Venture Kick was launched in 2007 with the vision to double
the number of spin-offs at Swiss universities, to accelerate the
time-to-market and to raise the attractiveness of these young
companies to professional investors.
Wuudis Solutions
wuudis.com
Seppo Huurinainen
CEO
With the help of Wuudis, forest operators manage the client's
forest assets in a comprehensive and transparent manner,
respecting the will and vision of the forest owner.
The 10 Most Intelligent Energy Tech Companies to Watch in 2021
tiko Energy
Solutions AG
Revolutionizing Energy Sector
through Virtual Power Plant
With its active VPP
deployments, tiko is one
of the biggest real-time
Smart Grids in the world.
Cover Story
Frédéric Gastaldo
CEO & co-founder
tiko Energy Solutions AG
“
At tiko, we believe that
the energy revolution
will come from the
people, for the people.
The change will be
possible if we collectively
change the way we
consume energy.
Power is crucial for driving economic growth of any
country, especially emerging markets.
The COVID-19 pandemic has had significant effects on the
power sector, particularly by leading to financial stress,
reduction of demand, and disruptions to the power supply
chain. Despite these challenges, there are still a few names
which are leading the energy sector and providing
exceptional experiences to their customers. One such name
is tiko Energy Solutions which is leading the energy
revolution and delivering the power of a Virtual Power
Plant (VPP). The company designed an award-winning
Smart Home Energy Management system to connect
Residential and SME assets. It is also one of the world’s
major real-time Smart Grids with its active VPP
deployments.
Below are the highlights of the interview conducted
between Insights Success and tiko Energy Solutions AG
CEO Frédéric Gastaldo:
Cover Story
centralized supply to a decentralized world with distributed
energy resources. These resources had to be managed and
integrated into balancing between energy supply and demand.
This was tiko’s starting point.
We created a solution that is able to connect existing
residential devices such as heat-pumps, batteries, electric car
charging stations, and direct heating systems, independent of
their age and brand, because we believe that the change we
need in the way we consume energy needs to come from the
people – and luckily most of us already have what we need at
home. Too much energy means some devices connected to
the tiko platform will start working a bit earlier than their
normal cycle – too little, a bit later. Climate change is, and
will continue to be, a personal topic that affects all of us, not
just an strategic decision for industrial players to worry
about. With this in mind, we ALL (not only the owners of
smart devices) need to be given the means to enable change
now. It’s our vision, and it’s our claim: Together we’re
stronger.
Describe your company and its energy solutions which
address all the needs of your customers. How does your
energy solution differ from others?
tiko offers a unique Home Energy Management System-
(HEMS) coupled to a VPP. The HEMS is unique because it’s
holistic, allowing us to control and optimize a vast array of
devices - from heat pumps to e-car chargers, PV systems,
decentralized heaters, or residential batteries - and is
expandable as clients can connect new devices as they
acquire them. It also allows retrofits, enabling customers with
old devices to enjoy state of the art functionalities.
What led to the inception of tiko Energy Solutions
AG?
tiko Energy Solutions was founded in 2012 following the
Fukushima accident. Indeed, Swisscom, one of today’s
investors and employer of tiko’s co-founders at the time,
was asked to contribute to the energy turnaround in
Switzerland with the goal of getting 100% of our energy
from renewable sources, preventing more such nuclear
accidents. There was an understanding that the disruption
in the energy industry would lead to a change from a
Finally, it’s highly affordable, especially coupled to our VPP:
by agreeing to participate to the VPP, end-customers
contribute to stabilize grids and thus promote the integration
of renewables in our energy supply, but they also benefit from
a very affordable HEMS as the VPP revenue enables clients
to create innovative business cases. Everybody wins – which
we believe to be the key to commercial success and thus
higher adoption rates. High adoption rates mean more people
controlling the way they consume energy, which in turn will
have an impact on the climate. Millions of people better
monitoring their consumption, and saving energy would have
a massive impact.
Our Virtual Power Plants themselves are really disruptive
because the concept itself swaps bottom up the dependencies
between the power plants and the users. Users normally fully
depend on traditional power plants but VPP’s are increasingly
depending on users. Considering the increase in renewables
market share, this swapping is accelerating and will do even
more.
Self-consumption optimization can also provide massive
benefits. Instead of sending energy back and forth (PV
overproducing and sending to the grid in the day, then house
taking from the grid in the night) local self-consumption
optimization can lower the required power plants size and
reduce user’ costs.
How are advanced technologies bringing disruption in
energy industry?
New technologies based on software and data science allow
companies to manage end customer relationships in a
unprecedent way: that is an opportunity for new entrants in the
markets. They will be able to outpace incumbents, focus on high
net worth consumers and establish high quality customer
relationships resulting in higher net promoting scores. Today,
well-known applications are virtual power plants, solar selfconsumption
optimization and power management for loads in a
decentralized and incremental way. Consumers will become
independent.
The tiko platform brings
you the power of a Virtual
Power Plant and an
award-winning Home
Energy Management
system designed to
connect your Residential
and SME assets.
Cover Story
What are the greatest challenges the energy industry
facing and how are they best dealt with?
Since the idea of vertical monopolies and central control and
command is outdated, the new world is more complex and
requires other competences from companies. Competences in
software, partnering, and M&A are becoming increasingly
strategic. The pace is increasing and the customers expect
services according to the promises made by politicians and
regulators.
What technologies are you leveraging to make your
solutions more resourceful?
Infrastructure as as service (virtualization, digitization),
systems as a service and data science are significant
technologies to stay at the competitive edge.
What are your company’s future aspirations? What
strategies are you undertaking to achieve those goals?
We are planning to further expand geographically and to
target new segments. The more devices we connect to our
solution, the bigger our impact on the climate change. The
current pandemic crisis shows us that the sense of community,
the need to do something good together, and the need for
more control and transparency are all growing. We are
developing the right solution by answering this need.
We believe it is important that we take this opportunity to
build up communities that can better connect our societies,
making them more resilient and inclusive. Finding new ways
to accelerate the energy transition is quickly becoming one of
the most important tasks we face as a society; it’s only fitting
that one of the most promising solutions will see us once
again coming together and embracing the idea of community.
Clients’ Testimonials
“The unique technology developed by tiko will enable us to
create new services for our residential customers and move
towards the building of decentralized energy communities. It
effectively completes our portfolios of load-balancing and
storage solutions, which are so crucial to the achievement of
the energy transition.” Yves Le Gélard Chief Digital Officer,
ENGIE Group
“With tiko, we offer our customers a solution for optimizing
their photovoltaic self-consumption and can use household
loads for virtual power plant applications. An example: with
the tiko solution, we have successfully implemented a project
for the central control of e-charging stations in a typical lowvoltage
network.”
Christian Lechner, Project Management, EVN
About the Leader
After a successful career in the
manufacturing, consulting and telco
industries, Frédéric Gastaldo, tiko’s CEO
and co-founder, shaped tiko’s vision
around his own personal belief that we
can give our planet a chance if we
collectively change the way we
consume energy. It’s his deep
conviction that we don’t have much
time to make this happen as our planet
needs us, and this change needs to
come from the people – and already is.
“As global warming hits the planet in a
matter of a couple human generations,
we have an incredibly short period of
time for the entire system to adjust and
avoid dramatic consequences. At tiko
we are committed to deliver
technologies which enable the energy
transition here and now; As opposed to
too little too late.”
&
20
The
Most
SUCCESSFUL
BUSINESSWOMEN
to Watch, 2020
kimberly Khoury
Paving her Way in Sustainability Development
Creating a Green Energy World with Innovation
he world is approaching towards the energy
Tsystem which will continue in the future, a shift
for a more sustainable energy system. An
important part of this approach will be the deployment of
smart and green energy solutions in the business and
household sector. Origami, a company that strives to
mitigate its carbon footprint and follows global best
practices related to Environmental, Social and
Governance, provides software solutions through its
platform, to help energy companies thrive amid more
complex and volatile energy markets.
Peter Bance, CEO of Origami, came up with the
concept for the company 12 years ago. He saw that
companies were investing billions into energy assets but
that once deployed, those assets were not being managed
in a smart way. The need for this smart management, but
also its complexity, would grow quickly with more solar
and wind energy. Out of this sprang the idea for Origami
– an energy technology company which would help
inform and execute the thousands of decisions that
needed to be made for a renewable-centric electricity
system to run smoothly and efficiently.
In an interview with Insights Success, Peter Bance
exemplified the significance of digital solutions to
accelerate the energy transformation.
Below are the highlights of the interview:
Describe your company and its energy solutions
which address all the needs of your customers.
Origami provides real-time energy optimization
solutions to the energy market, operating at the forefront
of the global energy transformation.
As renewables grow and energy markets shift closer to
real-time, powerful technology is required. Origami’s
modular suite of real-time, machine learning solutions
enables energy companies to quickly make and execute
informed decisions across physical and financial
positions, and to do so at scale. Real-time monitoring
and intelligent control of large numbers and types of
energy assets enables energy traders to respond quickly
to changes in the energy market, increase their
profitability, access new revenue opportunities and
improve trading positions.
16 | January 2021 www.insightssuccess.com
The 10 Most Intelligent Energy Tech Companies to Watch in 2021
Peter Bance,
CEO
Origami
Origami is defining a new category in the global energy
sector with mission-critical software products to
accelerate the transition to a net-zero world.
How does your energy solution differ from others?
Energy traders already use a lot of specialist software to
help them make decisions. A big problem is that these
are often difficult to integrate – which limits the quality
of information that’s available to make decisions quickly
and at scale. Origami offers an interoperable suite of
real-time energy optimization tools for energy companies
to select what they need today, that can be integrated
with more modules in the future. Origami provides better
visibility for energy companies, with real-time
monitoring and visualization of assets and markets. We
also provide tools to decide how to use this information
with modules that enable dynamic opportunity
identification and decision support. We can also enable
the automated execution of asset and market instructions.
Origami offers the versatility for energy companies to
integrate their own data and deploy bespoke machine
learning models on our platform at scale.
Give a detailed description of the featured person’s
influence over energy optimization solutions industry.
Peter has spent his career focused on building high
growth ventures and technology commercialization,
primarily in the cleantech sector. He was CEO of a
combined heat and power business that he took public on
the London Stock Exchange (AIM) and then became
Entrepreneur in Residence at Octopus Investments
working with their venture capital team and renewable
energy business, before he founded Origami.
Alongside his role at Origami, Peter sits on several
bodies which bring together senior business, government
www.insightssuccess.com
January 2021 | 17
energy systems not only to adapt, but to embrace and
profit from these changes.
““ Real-time energy
optimisation software
What is the greatest challenges energy industry
facing and how are they best dealt with
The energy transition presents a huge challenge, and big
opportunities. The emerging system is faster, more
complex and interconnected. As weather increasingly
drives supply and demand, more decisions need to be
made shortly before delivery. With renewable generation
at its heart, the new energy system needs intelligent
technology at its head.
Today’s tools were designed for a slower world. Manual
workarounds, siloed information and batched processes
limit the capability of energy companies to respond as
the system speeds up.
and academic voices from across the UK energy
industry. He is a non-exec director on the Energy
Systems Catapult – set up to accelerate the energy
transition by applying expert ‘whole-systems’ thinking,
and of the Energy Research Partnership – which
provides high-level leadership to UK energy research.
He is also a member of the UK Government’s Smart
System Forum – a group of senior level experts and
stakeholders in smart technologies, new business models
and the energy system.
Could you throw some light on company’s mission
and vision statement?
We need a whole new approach using machine learning
to optimise the use of energy in real-time; Real-time
energy optimisation modules that integrate by design.
Automated workflows, open frameworks for innovation,
versatile microservices, configurable interfaces,
delivering the information you need, when you need it.
What technologies are you leveraging to make your
solutions more resourceful?
Our platform is hosted on the cloud (AWS). We are
building machine learning, Big Data solutions – a few of
the technologies we are leveraging are Kafka and
Cassandra.
Ÿ
Ÿ
Our vision: A green energy world, powered by smart
technology.
Our mission: To provide the time-critical visibility,
decision-making and execution solutions required in
an increasingly green energy system.
How are advance technologies bringing disruption in
energy industry?
Energy industries around the world are undergoing huge
disruption from new technologies – Renewables, storage,
electric vehicles. The aim of course is to reduce our
global carbon emissions, but these technologies are
challenging for energy systems built largely upon coal
and gas. Digital technology solutions aren’t really the
disrupter here – they are providing the solution for
18 | January 2021 www.insightssuccess.com
Leaders Viewpoint
REASONS
WHY THERE IS A NEED FOR
SETTING A POSITIVE WORK CULTURE
Since 2000, AsiaPay has been a global team operating in 14 offices across the Asia
Pacific region. After trying many remote work processes and sharing platforms, we
have learned what are the best practices that will make an organisation successful
in building a forward-thinking and resilience team in these perilous times.
emote work business model
RWe strongly believe that creating a remote working
environment requires a high level of awareness,
engagement, communication and investment in human
resources, so that the digital products we provide to our
customers and partners will be trusted, educational,
inspiring and valuable.
Benefits of working Remotely
Ÿ
Ÿ
Ÿ
It can attract talent and resources from all over the world
and maintain the workflow in a 24 hours’ cycle.
AsiaPay’s employees comprises of people from
multicultural background that have an innovative spirit
and skillful performance.
It can improve efficiency and morale, enrich the
imagination and influence within the organization.
An important part of effective communication is
establishing clear reporting relationships, so that each
employee should be clear about their roles and where
their work is going. Besides, it is also important to share
and communicate with the internal team and know their
conviction through a compelling vision.
For employees, having a positive outlook in their daily
work is essential by first having a work-life balance, which
has become more challenging now, since there is now
remote work practice. With the pandemic in mind, let’s talk
about ensuring a positive collaborative environment for
employees outside the workplace.
In this new Normal
AsiaPay is on top of the situation when it comes to
implementing safety protocols and social distancing order
for employees in the workplace. Having work safety
measures, fostering creativity, and maximising productivity
are some of the top priorities in a leading FinTech
organization.
To keep our positive work culture for our trusted
employees, we provide:
20 | January 2021 www.insightssuccess.com
Joseph Chan
AsiaPay
www.insightssuccess.com
January 2021 | 21
More than that, in compliance with the safety protocols
against COVID-19, we have implemented these rules in our
office environment and ‘Work-From-Home’ setting:
Ÿ Practice Work-From-Home & Flexible Working Hours
Ÿ Ensure a clean working environment with continued
sanitization and provision of medical supplies
Ÿ Make effective use of online meeting tools and webinars
On top of that, we have:
Ÿ Develop various “Learn-From-Home” training programs
Ÿ Launch “Family Aid” program for employees with
financial needs
Ÿ Offer “Holiday benefits” after lockdown
In conclusion, trust, engagement and communication are
important building blocks for creating a successful
telecommuting culture. You must share and show how the
team worked together to accomplish a task. When creating
a blueprint for a remote work structure, team members need
to have a clear understanding of how the team operates and
monitor how the team members are working in real time.
About Asia Pay
Founded in 2000, AsiaPay is a premier digital payment
solution and technology vendor in Asia, strives to bring
advanced, secure, integrated, and cost-effective digital
payment processing solutions and services to banks and e-
businesses around the world. Our integrated payment
services covers credit and debit cards, bank account/net
banking, digital wallets, over-the-counters, prepaid cards
and other digital means.
Ÿ
Ÿ
Ÿ
Ÿ
Ÿ
A positive and comfortable working atmosphere.
Working smart and leveraging time to create more value
through technology
Developing training, best practices and implementing
employee ownership on a sustainable basis.
We maintain a healthy work environment by having
‘Work-Life Balance’ for our employees.
We hold workshop gatherings that let us meet team
members from different countries and be able to share
knowledge and build teamwork.
Ÿ We value the people behind our workforce by
empowering them and let them take ownership in their
roles.
We are an accredited payment processor and payment
gateway solution vendor for banks, and certified
international 3-D Secure vendor for Visa, Mastercard,
American Express, JCB, Discover Global Network and
UnionPay.
AsiaPay offers a variety of award-winning, multi-currency,
multi-lingual, multi-card, and multi-channelled payment
solutions, bundled with our advanced functionalities
including fraud detection, tokenization, data analytic etc.
Headquartered in Hong Kong, we offer professional digital
payment service and solution with quality local account and
technical service across 14 operative offices in Asia.
www.asiapay.com
www.paydollar.com
22 | January 2021 www.insightssuccess.com
The 10 Most Intelligent Energy Tech Companies to Watch in 2021
Cynthia (CJ) Warner
President and CEO
Renewable Energy Group
24 | January 2021 www.insightssuccess.com
Renewable
Energy Group
Blending Environmental Stewardship
with Profitable Solutions
urrently the world is witnessing the crisis of climate
Cchange, and if we do not act responsibly this crisis
could rise exponentially. We are now in a time
where we must act today, or the dangerous impacts of
climate change could be irreversible. Renewable energy
solutions could be one way of reducing greenhouse gas
emissions. Transforming renewable energy resources into
high-quality, cleaner fuels is an important factor in
sustainability.
Renewable Energy Group (REG) is leading the energy
industry's transition to sustainability by transforming
renewable resources into high-quality, cleaner fuels. Since
its inception in 2006, Renewable Energy Group has blended
environmental stewardship with profitable solutions.
In an interview with Insights Success, Cynthia (CJ)
Warner, the President and CEO of REG shares the
journey of the company and its contribution towards
sustainable development. Below are the highlights of the
interview between CJ and Insights Success:
What led to the inception of the company?
Renewable Energy Group can trace its roots back 25 years,
when we operated under the umbrella of an agricultural
cooperative in Iowa. Our biodiesel provided an added value
for farmers by repurposing their vegetable oil by-product
while at the same time bringing a more environmentally
friendly fuel to market. We grew along with the biodiesel
industry, and in August 2006, Renewable Energy Group,
Inc., was formed as an independent corporation.
Describe your company and its energy solutions which
address all the needs of your customers.
REG is a publicly traded global company with operations in
the U.S. and Europe, including 12 bio-refineries. We are
leading the energy industry's transition to sustainability by
transforming renewable resources into cleaner fuels like
biodiesel, renewable diesel, and a blend of those two known
®
as REG Ultra Clean . These fuels help fleets lower their
carbon footprint using their existing vehicles with no
performance compromises.
How does your energy solution differ from others?
Unlike some alternatives, our fuels are not a solution whose
promise sits somewhere in the future. They are available
now at scale. Biodiesel, renewable diesel, and REG Ultra
Clean do not require engine upgrades or new vehicle
purchases. Also, they can be used in the same fueling
infrastructure as petroleum diesel, so availability is not an
issue. Our fuels offer lower carbon, ease of adoption and a
good return on investment.
Please talk about your experience and how you're trying
to bring change to the energy management solutions.
I've worked in the energy industry for more than 35 years
and have held executive positions in operations, business
development, strategy, environment, health and safety. I
joined REG as President and CEO two years ago because I
wanted to work with a growing company that was taking a
lead role in changing the industry for the better. Over my
career, the needs of the environment have become greater
and greater. We are now at a time in which we must act
today, or the dangerous impacts of climate change could be
irreversible. I am committed personally, and we have an
innovative and passionate team at REG bringing energy
solutions that can make a difference today.
Could you throw some light on company's mission and
vision statement?
REG is well positioned as the largest producer of biodiesel
in North America and an industry-leading producer of
renewable diesel to support the global energy transition to a
cleaner future. REG delivers high-quality, innovative fuel
solutions to our customers and our products are making a
positive difference now.
www.insightssuccess.com
January 2021 | 25
How are advance technologies bringing disruption in energy
industry?
For the energy industry to transform, it will take many solutions and
many innovations. There is space and healthy competition for
emerging markets. REG is well-positioned today to provide readily
available solutions that are reducing carbon now. Biodiesel and
renewable diesel are proven solutions for the diesel transport space
today. As a producer of both fuels, we are able to lead in this way and
provide real-time solutions to our customers looking to reduce carbon
emissions.
What are the greatest challenges the energy industry facing and
how are they best dealt with?
“REG is meeting the
growing global demand
for lower-carbon
fuels and leading the
way to a more
sustainable future.”
The greatest challenge is the need to reduce greenhouse gas emissions
and slow climate change. Transportation is one the largest
contributors of harmful GHGs. Governments, the private sector and
the general public are all demanding that something must be done. As
one example, look at the rise in environmental, social and governance
(ESG) investing in recent years. BlackRock, the world's largest asset
manager, said last year that demand for action to address climate
change has put us “on the edge of a fundamental reshaping of
finance.” Energy companies need to offer climate solutions, and these
need to help not just long term but also today.
What technologies are you leveraging to make your solutions
more resourceful?
REG has a robust research and development program. One example is
research on potential new feedstocks that could generate even greater
emissions reductions in the finished fuel. Our technology also allows
us to make high-quality fuel from a variety of feedstocks, including
used cooking oil, inedible corn oil and animal fats. This feedstock
flexibility sets us apart in the industry and helps us to pivot quickly to
other advantaged feedstocks, as necessary. Another example of our
improving our operations is by finding clean power solutions, like
using wind power as a source of energy.
Here are a few testimonials from REG customers:
“We are very customer-focused, and a lot of our customers have
sustainability goals, and we want to support them by being a cleaner
supplier. With biodiesel, you can start being cleaner without having to
do any equipment or infrastructure changes.” – Ruan Transportation
“REG has a world-class laboratory with world-class professionals
working there.” – Iowa Department of Transportation
“Biodiesel producer Renewable Energy Group has the largest
Potentially Avoided Emissions in the portfolio. The company is one of
the top holdings in the fund by weight. Its products displace diesel,
which emits around ~0.4 tons of carbon per barrel, and the company
utilizes a waste-oriented feedstock model.” – DNB, Norway's largest
financial services group and a strong advocate for ESG investing.
26 | January 2021 www.insightssuccess.com
www.insightssuccess.com
January 2021 | 27
The 10 Most Intelligent Energy Tech Companies to Watch in 2021
Guiding Utilities to the Cloud
through Digital Transformation
The market is filled with energy solutions
providers. There are very few offering solutions
that address one of utilities biggest challenges,
facilitating digital transformation to the cloud. Being one
of these, well established billing service providers,
Utilibill offers a cloud-based utility billing and Customer
information platform which helps their clients manage
the complete billing processes. Their company purpose
is 'making billing easy'they do this by streamlining the
business processes across enterprise.
Utilibill, founded by Igor Green, the CEO and Morgan
Duncan, the MD, a billing expert and an established
entrepreneur, combined their knowledge to present
enterprises with better billing solutions. This leadership
has received accolade and awards from Deloitte
Australia and Deloitte Asia Pacific, AMA, Australian
Exports, Governor of Victoria, AIIA, ACMA, smart 100,
Australian Utilities Show to name a few. This utility
billing provider deploys a lean Software-as-a-Service
model to Startups as well as established large
organizations.
Over-the-top Solutions at One's Step
Utilibill provides a range of services to both small and
large enterprises. The company specializes in mid-tier
utilities, this segment often does not have an appetite for
a SAP or Oracle solution. SAP is great framework for
large business, but medium sized utilities prefer working
with consultancies to source, deploy and implement
solutions. Utilibill is a perfect platform to deal with
common utilities issues at a more acceptable price point
and faster delivery time frame. The service offering
includes;
Billing—one of the most comprehensive billing engines
in the business, Utilitybilling record millions of records,
on a daily basis. For Utility and for Telco there are very
few tariffs or complex rate cards in the market our
platform cannot replicate – this includes bundles, fleets,
time of use metering.
Invoicing & Reminders—fully customizable html
invoices making it one of the most feature rich and
flexible tools in the market. The automated reminder
treatment follows customizable dunning's process.
Customer engagement portals—let's face it, consumers
prefer to be help themselves. Enterprises are shifting
28 | January 2021 www.insightssuccess.com
Morgan Duncan
CEO
Igor Green
www.insightssuccess.com
January 2021 | 29
system integrators. “We have invested heavily in building
a robust digital transformation toolkit, we use it
internally to transition Utility providers from legacy
systems. We now can provide this same toolkit to our
system integrators and partners. This enables them to
build on their customer relationships, grow their revenue
stack and provide more value in these relationships.”
from traditional call center centric solutions to mobilecentric,
customer first solutions. This drives down the
cost to serve and increases customer satisfaction.
Utilibill allows the enterprises to transition to selfservice
focused solutions to most use cases.
With the rapid increase of agile players in the energy
sector, the company believes that the market is shifting,
3 years ago utilities were scared to move to the cloud.
Now IT managers and CIOs are looking for
implementation partners and suppliers to move to the
cloud smoothly and efficiently. It is no longer a question
of if, it is when and how soon.
API—everyone needs web service APIs these days to
enable the automation between disparate systems.
Utilibill currently offers over 500 pages of documented
APIs with working examples to assist their partners and
the enterprises integration efforts.
Print Integration– Utilibill not only provide their clients
with e-bills but also, handles the print integration,
insertion of welcome packs and specials.
Meanwhile, the company also offers other services such
as Onboarding tools, AMR and market systems direct
integration as well as a suite of payment platform
integrations.
Optimistic About the Future
Utilibill invests heavily in innovation, ensuring they
continue rise to the top of this industry. A new inclusion
in focus this year is investing in channels partners and
30 | January 2021 www.insightssuccess.com
Time for
TRANSFORMATION
of ENERGY TECH
Sectors
32 | January 2021 www.insightssuccess.com
Industry Insight
The new world is complex and is in
competences with other companies.
Competences in IT, software, and Marketing
& Advertising are becoming increasingly strategic.
The pace is increasing and the customers expect
services according to the promises made by the
regulators.
New innovations and technologies based on energytech
allow companies to be able to focus on high-networth
and establish high-quality customer
relationships resulting in higher net promoting scores.
Today, well-known energy tech organizations are
power plants, solar self-consumption optimizations,
and power management for loads in a decentralized
and incremental way.
Energy tech industries around the world are
undergoing a huge change; from new technologies to
renewables, and electric vehicles. The aim is to reduce
global carbon emissions. But these technologies are
challenging for energy sectors which is built largely
upon coal and gas.
As renewables grow and energy markets shift closer to
real-time, advance technology is required. Real-time
monitoring and intelligent control of large numbers
enable energy traders to respond quickly to changes in
the energy market. It helps to increase their
profitability, accesses new revenue opportunities, and
improve trading positions.
Digital technology solutions are not really the
disrupter here. They are providing the solutions for
energy systems not only to adapt but to embrace these
changes. The energy tech industry presents a huge
challenge and massive opportunities. The upcoming
technology is faster, complex, and interconnected.
As weather drives supply and demand, more decisions
need to be made shortly before the due date. With
renewable generation at its heart, the new energy
sector needs intelligent technology at its head. Today’s
energy sector tools are designed for a gentle world.
Manual loopholes, isolated information, and batched
processes limit the capability of energy tech
companies.
We need a whole new perspective using AI and
Machine Learning to enhance the use of energy in
real-time. Automated workflows, open frameworks for
innovation and disruption, configurable interfaces,
delivering the information you need, when you need
it. For the energy industry to transform, it will take
require a lot of solutions and innovations. The greatest
challenge will be the need to reduce greenhouse gas
emissions and slow down the rate of climate change.
Climate change and biodiversity are big societal,
governmental, and political problems. This can only
be addressed through sustainable forest and biomass
management. This is a difficult challenge requiring
high-performance monitoring and management
capabilities based on modern technologies. The
current scenario is static, lack of information on
updated forest and biomass resource data have also
been a significant problem. Moreover, visits to remote
sites are expensive and time-consuming to confirm the
actual conditions of the forests and other biomass
resources.
Transportation is one of the largest contributors to
harmful Greenhouse gases. It is the major
responsibility of the Governments, the private sector,
and the general public to contribute to the change. As
an example, look at the rise in (ESG) Environmental,
Social, and Governance investment in recent years.
BlackRock, the world’s largest asset manager, said
“last year that demand for action to address climate
change has put us on the edge of a fundamental
reshaping of finance.” Energy tech companies need to
answer problems to these hazardous climate issues,
and these need to help not just for today but for the
long term.
In view of the Government, there are solutions
available. Although it is a long way down to reach
there, together we can make it possible to change into
green energy sectors. If only companies and leaders
come together, change is possible to drive by dynamic
forest, and biomass management. Additionally, with a
lot of digital platforms available today, we as the
public also hold a responsibility to promote the use of
the green energy sector by updated lifestyle.
www.insightssuccess.com
January 2021 | 33
The 10 Most Intelligent Energy Tech Companies to Watch in 2021
Wuudis Solutions Oy
Easy-to-use IT Solutions for Forestry
re you suffering a problem of maintaining work
Aand family balance due to extensive travel to sites
and massive amounts of paperwork at the office?
Luckily, Wuudis Solutions Oy - forest management and
monitoring software solution keeps you updated with all
information in real-time regarding your forest business. You
can monitor and manage your forest from anywhere and
anytime even without visiting your forest. You can also
easily see what operations need to be carried out and how
much money you can make by immediately logging in.
Easy and Profitable Setup
Seppo Huurinainen, a forest owner from Finland was
lacking a complete end-to-end digital service integrated
with up-to-date satellite and field data to manage and
monitor his 1000 hectare of forest property easily and
profitably. No kind of platform service existed in the
market, which could enable Seppo to manage his forest
property data and its operations digitally.
This problem drove Seppo to build a platform service for
the dynamic forest, biomass, plantation, and related natural
resource management and monitoring, and hence the
company named Wuudis Solutions Oy was born. According
to Seppo, his forest property works as a ‘sandbox’ to test all
Wuudis services.
Updated Software
Wuudis software platform is the most advanced dynamic
forest, biomass, and plantation monitoring and management
service. It allows the frequent, reliable, and harmonized
update of diversified biomass and satellite data. The
software platform performs satellite image interpretation
monitoring activities using AI, on free Sentinel and other
satellite data, as well as available open data. The software
interfaces of the platform facilitate the day-to-day
operational business and resource monitoring, helping
stakeholders to increase their income while reducing
operational costs.
Accessible and User-Friendly
Climate change and biodiversity loss are major societal
problems. This can be addressed through sustainable forest
and biomass management and monitoring. This is a
complex challenge requiring high-performance monitoring
and management capabilities based on modern
technologies. But in the current scenario, static information
and lack of updated forest and biomass resource data have
been a major problem. Moreover, visits to remote sites are
expensive and time-consuming to verify the actual
conditions of our forests and other biomass sources.
In view of the European Space agency Copernicus program,
there are ample satellite data available. Now, to use this
high-value data source, we need data processing capability
and usable IT solutions to make it accessible for forest and
related natural resources industry end-users. Wuudis
platform services are covering these needs to drive dynamic
forest, biomass, and plantation management, and
monitoring. Additionally, Wuudis platform services help
users to reduce their site visits as all updated resource data
is available over a smartphone.
Improving and Evolving
Wuudis is a scalable and dynamic forest, biomass,
plantation, and related natural resource management and
monitoring service. It can integrate up-to-date satellite from
European Space Agency, field information, and other open
data sources to use advanced data analytics and
digitalization to improve the efficiency of the entire supply
36 | January 2021 www.insightssuccess.com
Seppo
Huurinainen
CEO
www.insightssuccess.com
January 2021 | 37
“
“
chain, from planting to harvesting, supply chain, and enduse.
The company consists of modular operational tools
accessible through biomass geoinformatics. By providing
real-time data for monitoring and decision-making, it also
yields better forest health and quality of wood, less CO 2
emissions from optimized transportation, and up-to-date
biomass resource information for commercial exploitation
within sustainable limits. Additionally, it includes
functionalities such as biodiversity preservation and
monitoring of forest hazards.
Wuudis platform services can produce cost savings of 20%
by just converting paper-based forest, biomass, and
plantation management plans into a digital form used with a
smartphone. Additionally, the up-to-date biomass resource
information based on satellite and field data, available on
Wuudis platform drives the profitability of forest and
biomass industries and companies. Through its present
customers, it is proven that Wuudis improves the efficiency
of daily routines by 20-40%, increases revenues by 10-15%,
and reduces an enormous amount of CO
2emissions through
the more efficient mobilization of biomass.
A Persistent Entrepreneur
Huurinainen, CEO of Wuudis Solutions Oy is a veteran
entrepreneur in developing and commercializing ICT based
solutions for forestry, biomass, and related natural resourcebased
business. He has over three decades of experience in
the Forest and Bioenergy sector. His academic background
includes specialization in GIS, IT, and silviculture with five
university-level degrees.
He is the founder of Wuudis Solutions Oy, currently
offering a wide range of ICT solutions for up-to-date forest,
biomass, plantation, and related natural resource
management and monitoring. Before becoming an
entrepreneur, he held several developments and research
positions within the forest and agriculture industry and
worked for organizations such as the Finnish Forest and
Park Service, Metla, the Forest Centre, Metsäliitto, Stora
Enso, and the National Board of Education.
Focused on the Bio-energy Sector
The forestry and biomass industry are facing a transition
due to advancements in Big-data and AI technologies.
Wuudis has embraced the value of the Big-data and AI with
open arms. As a part of the ICT4 Forest project funded by
the European Space Agency, the organization is integrating
with multiple big-data sources like satellite data, field data,
and other open data sources, to run forest, biomass, and
related natural resource business as a one-stop solution.
Moreover, other service providers in the forestry and
biomass IT domain can bring their services into its platform
and generate income. The Wuudis platform will
revolutionize the way forestry and biomass business works
today as every stakeholder will be able to generate income
from the ecosystem and a win-win situation will be created
for everyone in the business value-chain.
Wuudis mission is to build an end-to-end platform service
for comprehensive forest, biomass, plantation, and related
natural resources management and monitoring. This
platform would consist of an app, web-service, and AIbased
solutions to increase the profitability and positive
environmental impact.
Wuudis’ vision is to grow into one of the leading IT and
data management companies globally to improve forest,
biomass, and plantation management, and real-time
monitoring of wood and bio-materials supplies.
38 | January 2021 www.insightssuccess.com