The problem we are trying to solve
OPPORTUNITY
Demand for energy is accelerating, yet two-thirds of all energy is wasted, which costs ~$5 trillion and gigatons of carbon annually, and creates instability in the energy system.
Source: Adapted from the Lawrence Livermore National Laboratory’s Sankey diagram of Estimated U.S. Energy Consumption in 2023.
Energy efficiency leverages technology and process improvements to reduce the amount of energy needed to perform a given task. It is about maximizing the useful output of energy and reducing waste by doing more with less.
Energy efficiency is the solution.
Investment themes
01
Distributed energy resources
Grid modernization
02
Industrial decarbonization
03
Digitization
04
Data center power & efficiency
05
