Noteworthy AI announced that it is one of seven startups selected to be a part of Cohort 10 of the Joules Accelerator program. This will be Noteworthy AI’s second accelerator this year, coming just after its acceptance into Dominion Energy Innovation Center’s (“DEIC”) 2022 Accelerate cohort last month.
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“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.
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“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.”
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