Noteworthy AI Joins Cohort 10 of 2022 Joules Accelerator
We're excited to announce that Noteworthy AI will be one of seven startups selected to be a part of Cohort 10 of the Joules Accelerator program. This will be our second accelerator this year, coming just after our acceptance into Dominion Energy Innovation Center’s (“DEIC”) 2022 Accelerate cohort last month.
"As we transition to a decarbonized future, an increasing number of distributed energy resources will come online," said Christopher Ricciuti, Founder and CEO of Noteworthy AI. "We're humbled by our acceptance into the Joules Accelerator, which enables us to pilot our technology alongside industry leaders to help ensure that the distribution grid is up to the task."
The Joules Accelerator works closely with early-stage energy tech startups to find revenue-generating pilots and other commercialization opportunities. Its network members include Duke Energy, Microsoft, S&C Electric, EY, UNCC, the City of Charlotte, and more.
"As more utilities and corporates begin to think about decarbonization through the lenses of innovation, early-stage startups, and piloting fresh technologies-we are excited to bring the seven startups of Cohort 10 to the table. Only about 30% of decarbonization needs are currently met...to close the gap of the last 70% we will need to lean on the innovators of today to get there," said Ryan Rutledge, Business Development Director at the Joules Accelerator.
This year, the program will kick off at Electrification 2022, hosted by Electric Power Research Institute (EPRI) in Charlotte, North Carolina. During this event, startups will participate in pitch events, workshops, and conversations around advancing a clean energy future.
Anne Haas, Program Co-Lead at EPRI said, "Meeting the needs of our global energy future is going to depend on the ability to decarbonize, electrify, diversify; inherent in all of this is innovation. Electrification 2022 is focused next - on the future - on innovation - where we're headed, what technologies can get us there [and] what challenges lie ahead."
See here for our official press release.
About Joules Accelerator
Joules Accelerator enables the growth of high-potential clean energy startups by facilitating training, mentoring and access to utilities, customers and key industry players through the bi-annual Catalyst Program based in Charlotte, N.C. Since its 2013 founding, Joules Accelerator has supported the creation of 90 jobs, $15 million in investment and seven pilot projects. Learn more about the program here.