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Energy Transition

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Powering a greener tomorrow

Demand for power in developed economies is rising rapidly. This is driven by higher living standards, increased electrification, and new forms of economic activity. The energy and industrial transition is about transforming how we generate, transmit and use energy and how our industries operate, to be more resilient and efficient

Achieving this will require major investment in how we generate, transmit, distribute, and use energy. At the same time, the industrial sector is undergoing a transition towards more sustainable, automated, and digitized processes, enabled by electrification and new technology. This presents a major investment opportunity.

Sub themes

Generation and efficiency, Resilient grids, Industrial transition, System services and flexibility

Theme lead

Gisle Glück Evensen
gisle.gluck.evensen@summaequity.com

Current investments

2

Exited investments

1

Investment range

EUR 80m – EUR 150m

SDG alignments

7, 9, 11, 13

What are the challenges

Energy insecurity and carbon emissions

~150% increase EU electricity price volatility last 4 years

~64% of global CO2 from energy supply and industrial activities

Geopolitical instability is raising the risk of energy disruptions and price inflation, making energy security a growing concern. Simultaneously, our current energy supply and industrial activities together are the largest global emitters of CO2

Inflexible and aging systems

+40yrs average age of EU and US grid assets (vs 30-50 yrs normal useful life)

+27 TWh restricted sustainable generation due to grid constraints in EU and the US

Growing need for modernization and decentralization of the grid, driven by Europe’s sustainability tailwinds and the rapid expansion of global digital infrastructure placing increasing strain on the legacy grids in both the US and Europe

Growing industrial energy demand and inefficient usage

~25% US demand growth by 2030, due to modernized industrial activities

20-50% of industrial energy input is lost as waste heat

Energy demand is expected to surge across multiple industries to accommodate digital infrastructure, advanced manufacturing, driving a need for greater efficiency

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What are the solutions

More sustainable energy generation

Deploying solutions to support sustainable energy sources is critical to meeting growing energy demand while addressing climate change and energy security

Modernizing the grid

Upgrading and expanding power grids is essential to integrate new sustainable energy sources, ensure power reliability, and meet increasing demand

Transitioning industrial activity

Electrifying, optimizing, automating, and digitizing industrial processes is key to enhancing resilience and long-term efficiency and sustainability in the industrial sector and the built environment

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Investments in this theme

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Does your company solve global challenges?

Summa is always on the lookout for innovative organizations that are tackling global challenges and making a positive impact on the world. We are always interested in connecting with like-minded individuals and companies who share our passion for creating a sustainable future.