RESEARCH
Energize: Electrifying Everything
This document, “Electrify Everything_2023.pdf”, highlights the critical role of software in decarbonizing the economy by electrifying various sectors. The text emphasizes that most decarbonization technologies are already commercially viable and economically competitive, creating a massive wealth creation opportunity. It then outlines the Energize Ventures framework, focusing on four key steps: generating electricity from renewable sources, transmitting and distributing electricity, electrifying transportation and buildings, and making electricity demand digital and efficient. The document showcases Energize’s “Top 30 Software Innovators in Electrifying Everything,” emphasizing the crucial role of software in reducing soft costs, streamlining workflows, and scaling new technologies, such as electric vehicle charging and heat pumps. It also analyses the growing demand for software in the renewable energy sector and how the European market is leading the charge in electric vehicle, heat pump, and grid flexibility adoption, providing valuable insights into the future of rapid electrification.