Energy Resilience Leadership Group

🚀𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞!🌍 At the Energy Resilience Leadership Group (ERLG) - a partnership between Breakthrough Energy , BMW Foundation Herbert Quandt, Siemens Energy, and UnternehmerTUM - we’re on a mission to create a win for climate, competitiveness, and security in Europe. 🔋𝐀 𝐬𝐭𝐚𝐧𝐝𝐨𝐮𝐭 𝐞𝐱𝐚𝐦𝐩𝐥𝐞? Rondo Energy, whose pioneering clean electric heat technology will help Europe replace imported gas and strengthen energy independence. With support from the #EU-Catalyst Partnership and a €75 million investment, Rondo will develop three projects across the EU. This opportunity was identified by the ELRG, bringing together industry leaders, policymakers, and cleantech startups to fast-track impactful climate projects. 💡 But this is just the beginning. The latest Breakthrough Energy “The State of the Transition Report” describes 2024 as the year #cleantech entered its deployment era at scale. It showcases how we’re building a thriving ecosystem in the U.S. and Europe where cleantech innovators and large-scale projects collaborate to tackle climate challenges. 👉𝐅𝐨𝐮𝐧𝐝𝐞𝐫𝐬: Do you have a game-changing climate solution that’s ready to scale?   👉𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞𝐬: Are you prepared to partner with innovators and accelerate your journey to net zero?   Join us as we work together to power #Europe’s energy transition and achieve net zero through bold, clean technology solutions. 🌱 Read more in Breakthrough Energy’s flagship report https://lnkd.in/eZx8fUQ7   #EnergyResilience #ClimateInnovation #NetZero #Cleantech #EUIndustry #EnergyTransition

🚨 𝗘𝘂𝗿𝗼𝗽𝗲'𝘀 "𝗦𝗰𝗮𝗹𝗲 𝗼𝗿 𝗙𝗮𝗶𝗹" 𝗠𝗼𝗺𝗲𝗻𝘁 𝗳𝗼𝗿 𝗖𝗹𝗲𝗮𝗻 𝗧𝗲𝗰𝗵 🚨 With the European Commission set to announce the #CleanIndustrialDeal within the first 100 days, now is the time to shape a strong framework for clean industrial competitiveness. Europe must urgently implement Mario Draghi's report recommendations to future-proof the economy and unleash its cleantech potential. Earlier this week, the Energy Resilience Leadership Group, in partnership with Cleantech for Europe, hosted a roundtable in Berlin with Bill Gates, Jörg Kukies and senior leaders from energy and industry. The event focused on how to regain Europe's competitiveness, outlining first principles to boosting Europe’s industrial competitiveness immediately. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: 🤝 𝗣𝘂𝗯𝗹𝗶𝗰-𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻: Unlock the EU's cleantech potential by fostering strong partnerships. 💶 𝗗𝗲-𝗥𝗶𝘀𝗸𝗶𝗻𝗴 𝗙𝗶𝗻𝗮𝗻𝗰𝗲: Attract large-scale private funding for cleantech manufacturing and deployment. 🌍 𝗘𝘂𝗿𝗼𝗽𝗲-𝗖𝗲𝗻𝘁𝗿𝗶𝗰 𝗣𝗼𝗹𝗶𝗰𝗶𝗲𝘀: Level the playing field with strategic industry, state aid, and trade policies. 🛠️ 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁: Ensure access to affordable, abundant, and clean energy. We have a unique opportunity to shape Europe’s clean industrial future. Victoria Ossadnik Joerg Burzer Philippe Delleville Andreas Feicht Dr. Lars KissauTobias Lechtenfeld Tim Meyerjürgens Marie Theres Niedermaier Francisco Pérez-Ojeda Rodríguez John O'Donnell Caspar Schuchmann Dr. Sopna Sury Catherine Vandenborre Ann Mettler Dr. Heba Aguib Christian Bruch Helmut Schoenenberger Read more here: https://lnkd.in/dFkvQTC8

🌍 The ELRG hosted an inspiring and insightful discussion with key leaders driving #European #industrial #competitiveness —spanning industry, cleantechs, and government. What are Europe's biggest levers to turn the ship around? 🚢 🔑 Systems: Reducing energy prices and the green premium for cleantechs is essential—through expanding renewables, enabling financing, and constructing future-proof energy grids, while creating robust markets for green energy. 📈 Scale: Europe has everything it needs to scale up new industries. It's time to cut red tape, prioritize strategic investments, and unlock the power of institutional finance. ⚡ Speed: Governments play a pivotal role in rising to the challenge—not with endless subsidies, but with clear priorities, decisive actions, and smart risk underwriting. The goal? A resilient energy system and clean industry fit for this century, ensuring Europe remains competitive. 🙏 A huge thank you to Bill Gates and Jörg Kukies, and all our ERLG partners, including Christian Bruch (Siemens Energy), Ann Mettler (Breakthrough Energy ), Dr. Heba Aguib (BMW Foundation Herbert Quandt), Helmut Schoenenberger (UnternehmerTUM), as well as Jules Besnainou (Cleantech for Europe) and Tobias Lechtenfeld (Tech for Net Zero).

Great discussion yesterday at the high-level roundtable on “Empowering Energy Resilience: How to Leverage Institutional Capital for Scaling Cleantech”. The roundtable was hosted by the ERLG on the margins of the BMW Foundation Herbert Quandt’s #ResponsibleLeadersInnovationForum in Berlin, and focused on exploring ways of unlocking private and public capital for scaling #cleantech solutions.   At the centre of the conversation: addressing the challenge of financing clean energy solutions in Europe, specifically for #scaling and #commercializing first of a kind and second of a kind production facilities.    Key takeaways of the discussion included:   ⚡ Cooperation is fundamental: a coalition of stakeholders to create new solutions, involving insurance funds, catalytic investors, and a top-notch teams for evaluating and underwriting FOAK projects is required.   ⚡ We need a cleantech debt fund: such a fund could provide affordable and long-term capital for the deployment of clean technologies at scale.   ⚡ Speed and urgency are necessary: while recognizing the need for new coalitions, responsible and pragmatic leadership, and a willingness to take risks in order to deploy FOAK projects, it is also fundamental to remember that this requires speed and urgency.   The roundtable included remarks by Heba Aguib, Member of the Board, BMW Foundation, Max Wirsching, Head of Investors Relations, KfW Capital, Elisabeth Löwenbourg-Brzezinski, Senior Investment Officer, and Natalia Donde Principal Investment officer, IFC - International Finance Corporation, Fridtjof Detzner, Founder Planet A Ventures, Tobias Lechtenfeld, Executive Director, Tech for Net Zero and Philipp Offenberg and Ann Mettler Breakthrough Energy .   Thanks to all the attendees for their valuable contributions and for supporting the efforts on strengthening Europe’s industrial competitiveness. Together, we can unlock a well-funded future for European clean energy and the time is now!

Tobias Lechtenfeld, Executive Director of Tech for Net Zero, and a key member of the Energy Resilience Leadership Group, in an article for Innovation News Network, discusses how Europe’s private capital must be leveraged to deliver energy resilience and ensure the future prosperity of Europe. Tobias explains how large-scale cleantech projects can be de-risked – at project or fund level – before Europe can capitalise on the potential of its green economy and unlock the energy transition.   This September, Mario Draghi delivered his long-awaited roadmap for Europe, and how it can compete on the global stage. Central to his thesis is the need for an astounding €800 billion in annual investments to meet the EU’s 2030 targets for jobs, industrial modernisation, and climate goals. But here’s the fundamental question: where will the money come from? Access the full article here: https://lnkd.in/ebp4bnZt   #ERLG #Energy #Cleantech #Europe #Investors #Climate #EnergyResilience #Finance

ERLG's Paula Schmid Schmidsfelden spoke at last week’s Heat Pump Forum in Brussels hosted by the European Heat Pump Association on the “Europe’s Global Energy Leadership: Competitive Collaboration & Building on Strengths” panel, as covered in pv magazine Global (linked in the comments). Paula joined Martin Hojsik, Vice-President, European Parliament on the panel which was moderated by Paul Kenny the Director General of the EHPA. The discussion centred around the following key elements: 🌱 ➡️ Europe needs to make a compelling business case for cleantech. Decarbonization through de-industrialization must end. The Clean Industrial Deal could not be more timely: Europe must come up with a comprehensive strategy to re-build trust and confidence. 💭 ➡️ A clear strategy is essential – the EU struggles in deploying clean technologies at scale, including heat pumps. To regain competitiveness, the new Mandate should focus on leveraging public funding to attract private investment, overhaul industrial and trade policy, and develop infrastructure to ensure access to abundant, affordable and clean energy. 🤝 ➡️ Collaboration is key – there is a continued need for public and private to come together in order to unlock Europe’s true cleantech potential. 📣 ➡️ The ERLG is spearheading this crucial new generation of multi-stakeholder coalitions across policy, industry, cleantech scaleups and investors. #CleanIndustrialDeal #EnergyResilience #Cleantech #Finance #DraghiReport

𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗻𝗲𝘄𝘀 𝗳𝗼𝗿 #𝗙𝗢𝗔𝗞 𝗳𝗶𝗻𝗮𝗻𝗰𝗲! 💡💰 This week, at an Institutional Finance workshop hosted by the Energy Resilience Leadership Group, in partnership with the Sustainable Finance-Beirat, investors from banking, insurance, and public finance came together to tackle a key challenge: bridging the funding gap for European cleantech manufacturing and deployment. The event, held in Brussels alongside the #CleantechSummit, aimed to align cleantech with Europe’s industrial policy agenda. A big thank you to all investors and partners for the insightful discussions, and a special shoutout to Ingrid Holmes, Steven Penketh, and Andrew Eckhardt, CFA for their expert contributions! The #ERLG is eager to continue collaborating with partners to drive the scale-up of Europe’s cleantech manufacturing! #ERLG #EnergyResilience #Europe #Brussels #Cleantech #Climate #FOAK #NewIndustry #Finance #InstitutionalFinance #Investors #Banking #Insurance #VC #Startup #Scaleup Philipp Offenberg, Fridtjof Detzner, Michael Pfennig, Bennet Barth, Christiane Lübke, Stephan RODES, Elisabeth Springer, Christian Langen, Tobias Schütt, Jules Besnainou, Sara Sande, Ida Dahl Hoem, Elena Benaim, Tobias Lechtenfeld, Natalia Donde, Elisabeth L., Andreea Constantinescu, Florian Schabus, Theresa Kreft, Lasse Köhler, Maria Leis, Andreas Ruthemeyer, Julian Joswig   Breakthrough Energy , Planet A Ventures, ACP | Allianz Capital Partners, BMW Foundation Herbert Quandt, Citi, Cleantech Bridge GmbH, Cleantech for Europe, Export and Investment Fund of Denmark, Tech for Net Zero, Green Finance Institute, HSBC, IFC - International Finance Corporation

Congratulations to ERLG scale-up member, Reverion, on its successful completion of its Series A round that raised USD $62 million to fund development of power plants for a 100% renewable-powered future. The round was led by Energy Impact Partners. Read more about Reverion here: https://reverion.com/ #ClimateTech #GreenEnergy #SeriesA #Finance

🚀 **The Future of European Industry: A Call to Action!** 🌍 The newly released Draghi report offers a critical blueprint for Europe to stay competitive while achieving its net-zero goals. At the heart of the report? **Leverage, leverage, leverage!** 💡 To attract the necessary private investments, bold actions are essential:  1️⃣ **Guarantees:** By offering counter-guarantees, European member states and the EIB can unlock more bank loans. This is a quick win! 2️⃣ **Common Safe Assets:** Innovative solutions like leveraging private finance for strategic investments with public balance sheet backing.  3️⃣ **Securitization:** A powerful tool to free up debt finance from banks by shifting risk off their balance sheets. 🛑 But it’s not just about tools. The EU must also have an honest conversation on fiscal and regulatory barriers that make it less attractive to institutional investors. Cleaning up internal finance rules is crucial for bringing in capital! Long-term, we need more policies like these to secure a sustainable and competitive industrial future for Europe. #NetZero #EUIndustry #PrivateInvestment #DraghiReport #Sustainability #Finance Ann Mettler - Philipp Offenberg - Johannes von Karczewski - Kendra Rauschenberger - Thomas Röhrl - Helmut Schoenenberger - Dr. Heba Aguib - Tobias Lechtenfeld - Jules Besnainou - Christian Bruch

Great to see Ann Mettler, one of the key proponents of energy resilience, continuing to advocate for increasing incentives and the need to foster innovation not only in green technologies but also throughout the policy and deployment process. For the global energy transition to succeed, it is imperative major energy providers, climate innovators, policymakers and financial institutions, collaborate to deploy crucial solutions that will secure a clean energy future. #ERLG #EnergyResilience #CleanTech #Innovation