About us
Key Facts
InnoEnergy is one of the three KICs (together with EIT ICT labs and Climate-KIC) created under the leadership of the EIT. We are a commercial company, incorporated as Societas Europea, with 29 shareholders, all of them key players in the energy field, with top rank industries, research centres and universities.
KIC InnoEnergy is profit oriented, but has a “not for dividend” financial strategy since we will reinvest our profits in our activities.
Strategy
KIC InnoEnergy's strategy is to be the leading engine for innovation and entrepreneurship in the field of sustainable energy. Sustainability by addressing:
- The reduction of the cost in the energy value chain (supply, transport, storage, distribution and retail)
- The increase of security (autonomy vis à vis the resource holders, intrinsic operational security)
- The reduction of CO2 and other green house gas emissions.
We focus on 6 thematic areas:
- Clean Coal Technologies
- European Smart Electric Grids & Electric Storage
- Intelligent, energy-efficient buildings and cities
- Energy from chemical fuels
- Renewables
- Sustainable Nuclear & Renewable Energy Convergence
Foreseeable impact: If we take as 100 the cost of any good produced/consumed in Europe, 27 is energy cost. Thus 1% of reduction in the cost of energy will represent 20B€ of savings, thus of additional competitiveness of the European industry.
The following figure summarises the main components of the strategy and their interplay.
Our activities and planned outputs
KIC InnoEnergy fosters the integration of education, research and business (the knowledge triangle), strengthening the culture of innovation and entrepreneurship.
The best way to define the activity of any company is by describing its outputs. KIC InnoEnergy delivers, among others, 3 distinctive outputs:
- MSc, PhDs and PostDoctorate engineers in the energy fields described above, with strong entrepreneurship and hands on capabilities
- Innovative technology for the energy processes, in the form of patents, new products and services.
- Start Ups/Spin offs or businesses growth in those fields of energy, upon the innovations developed internally or identified externally
With clear measurable planned outputs delivered by those activities in the first 5 years of the industrial plan, inter alia:
• 1200 students, PhD and midcareer professionals trained in InnoEnergy Education programs
• 55 new products or services for the sustainable energy value chain
• 37 patents registered (of which 10 transferred to SME)
• 20 spin-offs/start-ups
It is not by chance that we start the activities and outputs by education. We do believe talented people are at the heart of Innovation, besides technology. For KIC InnoEnergy, the talents that we help to create are the carriers of the technological innovation, and they derive business out of the technological innovation.
Legal Structure
KIC InnoEnergy is a commercial company, with 29 founding shareholders, incorporated as SE, with head quarters in The Netherlands.
KIC InnoEnergy activities in education, technology and innovation & entrepreneurship are designed, developed and implemented by a very reasonable balance of top rank industries, research centres, universities and business schools, the actors of the knowledge triangle, with the following split:
Shareholders/Formal Partners | Associated & Network Partners | Total Partners | |
|---|---|---|---|
Industries | 9 | 35 | 44 |
Research Centres | 7 | 8 | 15 |
Universities | 11 | 17 | 28 |
Business Schools | 2 | 0 | 2 |
Total partners | 29 | 60 | 89 |
Those partners are regionally mapped in six collocation centres (CC) across Europe, and are either Formal, Associated or Network, depending on their contribution to the industrial plan, and resulting in different participation in the equity in the different legal structures (KIC or CC).
Shareholders' commitment
The 29 shareholders have committed to a 7 years industrial plan, where they will mobilise 700M€ of resources only for the period 2011-2015.
