Intelligent Energy Storage
NETenergy is a thermal energy storage company, based in Chicago. NETenergy has created a thermal battery, that works much like an electrical battery, except it stores thermal energy. By utilizing NETenergy’s thermal battery to store cold energy, building owners can save 30% or more on their energy usage and reduce carbon emissions by 50%.
SXSW Eco Presentation
3 Min Quick Pitch!
What we do
Thermal Energy Storage
Thermal Energy Storage addresses the problem with on-peak energy consumption. On-peak energy prices are typically 2 – 6 times higher than off-peak energy prices and NETenergy allows customers to save 50% or more on their cooling costs by shifting consumption from on-peak to off-peak. Additionally, this technology can save utilities from spending billions of dollars per year building and maintaining “peaker” power plants that are only used a few times per year.
NETenergy has been busy for the last year!
Here is some of our recent success!
Wells Fargo Innovation Incubator
NETenergy is a proud finalist of the Wells Fargo Innovation Incubator where we are awarded up to $250,000 in funding. As a member of the incubator we will also work with the National Renewable Energy Laboratory (NREL) on developing our technology.
You can read more about our participation in the Wells Fargo Innovation Incubator at the following Chicago Tribune and official press release links below.
Clean Energy Trust Challenge Winner
NETenergy is the proud recipient of the $100,000 Pritzker prize!
The Clean Energy Challenge is a proven launching pad for Midwest clean energy startups. As the flagship accelerator program of Clean Energy Trust, the Clean Energy Challenge offers finalists industry-leading mentorship, national exposure and the chance to compete for $1 million in investments.
Ready about our success @ Clean Energy Challenge Winners
University of Chicago
New Venture Challenge 2nd Place
NETenergy is excited to be the 2nd place winner of the University of Chicago New Venture Challenge where we walked away with $40,000 in funding!
See the story - NVC Winners!
The New Venture Challenge is the premier start-up program at the
University of Chicago Booth School of Business, helping students turn entrepreneurial ideas into viable businesses. The New Venture Challenge has been voted the #4 startup accelerator in the US!
See the story - Top US Start-up Accelerators
Chicago Innovation Exchange
NETenergy is excited to be hosted at the Chicago Innovation Exchange!
The Chicago Innovation Exchange is University of Chicago’s new hub for multidisciplinary collaborations. The CIE supports business start-up activities and entrepreneurs converting research and ideas into solutions benefiting society.
Clean Tech Open
NETenergy is a proud graduate of the Midwest Clean Tech Open startup accelerator.
The Cleantech Open is a not-for-profit organization that runs the world’s largest accelerator for cleantech startups. Their mission is to find, fundand foster entrepreneurs with big ideas that address today’s most urgent energy, environmental and economic challenges.
International Copper Association
Founder and CEO
Co-Founder and CEO
All Cell Technologies
Professor of Chemical Engineering UIC
5 Years IT Consulting
Energy Industry Experience
Wholesale market energy procurement software
Chicago Booth MBA
First CEO of Tesla, currently venture advisor at Mayfield Fund
Intl. Copper Association - Director
Technology Transfer, Investor in start-ups for 20+ years
Winner of U of C award for distinguished performance twice
Townsend Capital - COO
Investor in energy companies, helped launch XALT Energy
Schneider Electric - Smart City Lead
DOE, Johnson Controls, Energy Startups
XALT energy - CIO
25 years of experience in
energy based IT