Energy Hack 18

An innovation event where teams compete to create
the most compelling new energy project or business model.

About:

The Energy Hack is a two day event that brings together teams from diverse expertise across a range of disciplines to develop new solutions to real energy problems. Teams work quickly and collaboratively to develop a business case for an energy project or market reform and proposals are then pitched to a panel of judges. Top industry experts from our partner organisations function as mentors, sharing their knowledge and skills to help teams model and demonstrate their best ideas.

When:

The Energy Hack will be a weekend event 20—21 October 2018 hosted by the Melbourne Energy Institute, with foundation partner Powershop.

History:

This exciting and popular event has been running successfully since 2016, with several proposals from the Hack progressing on to further opportunities. In 2017 the Hack focused on how innovations in financial technology could be applied to the service delivery of energy.

Energy Hack 17

On the weekend of 20-22 October 2017, over 100 engineers, economists, social scientists and renewable energy professionals attended the second annual Energy Hack at The University of Melbourne promoting entrepreneurship and developing innovative solutions for our energy industry.

The Melbourne Energy Institute, along with founding partner Powershop, brought together a community of hackers, hustlers and hipsters – determined to harness the consumer and technology revolution in energy. We were grateful for the help and support of our event partners: Victorian State Government, City of Melbourne, AEMO, Citipower/Powercor, Deloitte, Allens, DB Results, ZEN Energy, Clean Energy Council, and Intelligent Energy Systems (IES).

Over two dynamic days participants discovered and engineered opportunities in the brave new world of connected, low carbon energy. Participants had access to data, experimented with new forecasting and machine learning methods, explored commercial applications of block chain technology, tested their ideas with business mentors, collaborated with the talented Powershop and Melbourne Energy Institute team, learned about the aspirations that motivate consumers, discovered emerging technologies, tapped into Melbourne’s entrepreneurial fire power and shook up their thinking.

Challenge

The global energy sector is going through a rapid transition. The way energy is produced, stored and used is changing. New technologies such as solar and batteries promise to turn the traditional, centralised power grid on its head. But will the system be as distributed as current trends suggest? What is needed for a faster, more productive, cheaper and cleaner energy system?

As power prices in Australia continue to soar upwards and the threat of a repeat of state-wide blackouts loom – finding the key to unlocking reliable, 24-7, high quality, cheap, climate friendly energy at scale is becoming more and more urgent. The race is on and the question on everyone’s lips is: what will it take for Australia, with its abundant renewable resources, to lead the global marketplace in this space?

Panel of Judges

Michelle Groves - CEO, Australian Energy Regulator
Jo Witters -Executive General Manager, Office of Innovation, Australian Energy Market Operator
Lauren Solomon - CEO, Consumer Policy Research Centre
Simon Holmes à Court - Energy Entrepreneur
Melissa O'Neill - General Manager Corporate Affairs, Citipower/Powercor
Michael Brear - Director, Melbourne Energy Institute
Sabiene Heindl -Director, Strategic Engagement Corporate Counsel, Energy Consumers Australia
Michael Benveniste - Head of Commercial Strategy, Powershop



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