Keeling Capital

We’re excited to announce that Shravan S. is joining the Keeling Capital team. Shrav will be leading our sector research, supporting fund allocations and building out our co-investment pipeline. Welcome aboard 🙌🙌 Onwards! Ross Madden Béla Hanratty Tony Lent

As may have registered, we're fascinated by the challenges and opportunities of modernising the grid for deep electrification and decarbonisation of power. So it was a real treat to visit Elia Group grid control room in Belgium as part of Junction Growth Investors investor day. Sharing some insights here: https://lnkd.in/eZRMeAjq

We were delighted to be named by Business Post to the Hot 100 Startups in Ireland. We were especially pleased to be included in the list as hotness is one our guiding values at Keeling Capital and something we put a lot of effort into.

Really enjoyed listening to this one!

Geological Hydrogen - first potential new source of primary energy in a century. Compelling interview with Pete Johnson, CEO of Koloma (Keeling underlying port co via Evok Innovations), on the incredible potential of geological hydrogen and the remaining challenges to exploiting this resource. https://lnkd.in/ecM9jFq9

A.P. Moller - Maersk joins group of shipping companies in study run by Lloyd's Register and CORE POWER (UK) Ltd into the feasibility for nuclear propulsion to decarbonise shipping. https://lnkd.in/e9ZyyDv5

Meta partners with Sage Geosystems Inc. as customer for a 150MW geothermal facility for its data centres. This is the second big tech / geothermal collaboration after Google partners with Fervo Energy. https://lnkd.in/ge-_-Tsw

China is by far the most important country in climate, both from a clean energy manufacturing perspective, and its own decarbonisation as the world's biggest emitter. It is making startling progress on electrification of its economy through electric vehicles and electrification of industry (only electric arc furnaces approved for steel production from the start of this year), and it looks like additions of clean energy will outpace electricity demand growth for the first time this year. Incredibly relevant set of updates from TP Huang: https://lnkd.in/eDStAHp3

Orsted cancels Flagship One e-fuels project due to slower uptake in the e-fuels market. The project was already under construction. https://lnkd.in/dkCDmjev

China's emissions fell by 1% in Q2, the first quarterly fall since the re-opening of the economy post-COVID. Critically, clean energy demand growth (expanded by more than the UK's entire electricity generation for the same period in H1) starting to exceed electricity demand growth. "Rapid demand growth in January–February, at 11%, had outpaced even the clean energy additions. But combined with a rebound in hydropower generation, the increase in non-fossil electricity supply exceeded power demand growth in the March to June period." https://lnkd.in/eA8W26iA