LETs Pitch Australia 2023 Program Participants : NERA National Energy Resources Australia

Eight Australian companies have been selected as finalists of NERA's LETs Pitch Australia 2023 program. The eight finalists will receive tailored pitch mentoring and business coaching to build their pitching capability and prepare them for a live pitch event in March 2023.

The pitch event will be held live on stage at the Industry Supply Forum, on the opening day of AOG Energy 2023, in front of a panel of industry judges and an audience from major operators, government and industry.

The finalists will then join the NERA Technology Discovery Centre stand on day two of AOG Energy 2023, each with their own pod, providing each finalist space on NERA’s stand to showcase their business and technology and meet with potential investors and buyers from leading energy companies.

Meet the LETs Pitch Australia Finalists

Focus: Clean hydrogen
Solution: Large Scale Hydrogen Storage in Vertical Shafts

Ardent Underground provides safe, large-scale cost-effective compressed hydrogen storage using existing shaft construction technology and capability. Building on decades of shaft construction experience, Ardent creates a liner impermeable to hydrogen and transfers the large pressure forces to the surrounding rock structure.

At a fraction of the cost of aboveground storage solutions, a small footprint, and considerably lower risk, Ardent delivers the missing link to a green hydrogen future.

Focus: Carbon Capture, Utilisation and Storage (CCUS); Hydrogen
Solution: Modular, low cost and easily scalable hybrid capture solution

CO2CRC is Australia’s leading CCUS research organisation with over 20 years of experience in safely capturing, storing and monitoring CO₂. CO2CRC is the only company in Australia to have demonstrated CCUS end-to-end. CO2CRC's HyCaps process is a modular and scalable hybrid process to capture CO₂ efficiently. HyCaps combines solvent absorption and membrane separation in a single process, which exploits the advantages of both technologies to achieve efficient and low-cost carbon capture.

Focus: Energy storage
Solution: Gravitational energy storage centre

Green Gravity’s energy storage technology moves multiple heavy weights vertically in a legacy mine shaft to capture and release the potential gravitational energy of the weights. By using proven mechanical parts, Green Gravity’s storage technology can be half the cost of battery alternatives and has twice the asset life.

Storing energy in this way uses no processed chemicals, has no performance degradation and can deliver tens of megawatt-hours of storage in single sites.

Focus: Renewable Energy Power Generation
Solution: Wave energy converter

ROC Technologies is the first wave energy device from a team specialising in the delivery of offshore structures. The result is a multi-MW, scalable, deep water device which builds on the lessons learned from previous generations of wave energy converter, with a projected LCOE of < $200/MWh.

Focus: Energy efficiency & industrial process optimisation
Solution: Real-time carbon accounting platform

CCR combines a unique expertise in Industry 4.0 technologies and sustainability to demystify decarbonisation. CCR’s Carbon Intelligence Platform is a real-time carbon emissions monitoring, management, and reduction platform, which helps organisations demonstrate their commitment to a better future, while substantially improving efficiency along the way.

By utilising the latest in IoT, big data analytics, edge-computing, AI, and machine learning, organisations can take the data-driven approach to achieve their net-zero goals.

Focus: CCUS; Hydrogen
Solution: Conversion of Biowastes and CO₂ to 100% renewable and recyclable materials

CO2Tech is the commercial arm of CO2CRC that provides technical solutions for a low emissions future. Utilising in-house expertise and CCUS talent from organisations around the world, CO2Tech enables industry to address and find solutions for their greenhouse gas emissions. CO2Tech’s Lignik technology uses biowastes and CO₂ to produce 100% renewable and recyclable materials. It has the potential to remove CO₂ from the atmosphere and can support emissions reduction in the hard to abate and construction sectors.

Focus: Low-emissions electricity; Carbon capture and storage
Solution: CO₂ filter to decarbonise diesel generators

Kapture is an Australian company that will provide CO2 emitters a simple and cost-effective solution to decarbonise their diesel generators. The filter can be retrofitted to a diesel generator, and the by-product can be discarded directly in soil as a low-cost fertiliser.

Kapture's technology will give oil & gas companies a real and affordable solution to capture CO₂ and immediately reduce their emissions.

Focus: Clean hydrogen
Solution: Hydrogen storage

Rux Energy is an advanced hydrogen materials company, aiming to double the volumetric efficiency and halve the cost of dispatchable hydrogen storage for heavy mobility, aviation and marine. Rux Energy has partnered with leading Australian universities and trailblazing Australian composites, mobility and aerospace integrators to accelerate the piloting of our breakthrough MOF technologies, validating performance and fast-tracking implementation, to meet our planet's decarbonisation needs.