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µÂÖÝÆË¿ËÔÚÏß has created a global innovation setup to drive energy transition all over the globe. So called Innovation Centers in Europe (Berlin), China (Shenzhen), UAE (Abu Dhabi) and the US (Orlando) are developing new technologies within the focus fields of action and are developing an innovation ecosystem jointly with partners from academia, research and industry.

µÂÖÝÆË¿ËÔÚÏß is constantly collecting ideas from its employees via an innovation collaboration platform called Innovation Orbit where idea campaigns are being published with different focuses (e.g., region- or organization-specific).ÌýÌý

µÂÖÝÆË¿ËÔÚÏß is collaborating with external partners on innovation projects by leveraging the µÂÖÝÆË¿ËÔÚÏß Innovation ecosystem:Ìý

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• Academia & ResearchÌý

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µÂÖÝÆË¿ËÔÚÏß collaborates with academic institutions and research organizations to drive innovation. For instance, they work with universities on research projects related to energy efficiency and sustainability. These projects can for instance be funded by Government grants.Ìý

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• Start-upsÌý

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Via µÂÖÝÆË¿ËÔÚÏß Ventures SE is collaborating with upcoming startups to drive innovative technologies and solutions.Ìý

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• Industry CompaniesÌý

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µÂÖÝÆË¿ËÔÚÏß forms long-term alliances with other companies to co-develop technologies and solutions.Ìý

Two current examples how innovative technologies are being developed and brought to reality are the following:Ìý

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Direct Air Capture (DAC): µÂÖÝÆË¿ËÔÚÏß has entered into a joint development agreement with Saudi Aramco to develop a Direct Air Capture (DAC) demonstration unit, which was delivered in the fiscal year 2024 and is scheduled to be operational in the first quarter of the fiscal year 2025 in Dhahran, Saudi Arabia. Additionally, a Front-End Engineering and Design (FEED) study for a larger DAC pilot plant in Saudi Arabia is planned to be realized in the fiscal year 2025. The DAC technology involves extracting CO2 directly from the ambient air using chemical processes, which can then be stored or utilized to combat climate change.Ìý

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Electric Heater: Industrial process heat is responsible for over 10% of global greenhouse gas emissions. µÂÖÝÆË¿ËÔÚÏß is developing a cost-effective, highly efficient alternative for processing heat that generates no local emissions. At the same time, the team is designing a fully scaled 7.5 MW pilot plant of an electric heater operated with molten salt. This pilot project, developed in collaboration with our utility partner AES, is expected to begin testing in the summer of 2025 and validate the conversion of a 500 MW coal-fired power plant from AES to 100% green electricity.Ìý

Innovation is a corporate organization specifically installed and dedicated to driving innovation across the whole company.Ìý

µÂÖÝÆË¿ËÔÚÏß is constantly innovating to improve existing products and services, and to develop new products that all have a positive impact on the carbon footprint of µÂÖÝÆË¿ËÔÚÏß’s customers.Ìý

With a rapidly changing energy landscape and the need for that change being driven by the energy transition, Innovation will play a pivotal role in µÂÖÝÆË¿ËÔÚÏß's future growth by driving advancements in technology, improving efficiency, and enabling the company to meet the evolving needs of the energy sector.Ìý

Our innovation process at µÂÖÝÆË¿ËÔÚÏß is both systematic and creative. We focus on delivering impact through research and development and collaboration with partners. Our goal is to move fast to assess the value of innovative solutions to turn them into reality.

µÂÖÝÆË¿ËÔÚÏß is interested in collaborating with potential suppliers, R&D partners, universities, inventors and Startups along with many others.