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Slush Week 2024 Highlights: The future of energy - driven by innovation, powered by collaboration

29 November 2024, 11:07 EET

The energy sector is undergoing a profound transformation, driven by the urgent need to mitigate climate change. This change is accelerating, and no organisation can navigate it alone—collaboration is crucial. At Fortum, we believe that entrepreneurship, combined with the strengths of startups, investors, corporations, academia, and students, is one of the most powerful ways to transform the world at scale. That’s why we are eager to engage with diverse players across the Slush ecosystem to drive innovation, develop impactful solutions, and shape a sustainable future together.  

Slush 2024 photo by Otto Jahnukainen.

Slush 2024, photo by Otto Jahnukainen

Connecting with innovative corporations  

Organised by Catapult, Corporate Innovation Day was a key event focused on exchanging insights, sharing challenges, and sparking new ideas for the future of corporate innovation together with like-minded professionals. As the main partner, Fortum contributed to the success of the event, aligning with the theme of innovation and entrepreneurship at Slush Week. The day emphasised collaboration among corporations, highlighting Fortum’s commitment to driving innovation through ecosystem partnerships. Fortum hosted four roundtable sessions on topics like driving innovation through ecosystem collaboration and building a culture of innovation. 

Showcasing future of energy  

The Fortum Slush Side Event “Future of Energy” was part of the larger Slush 2024 event held in Helsinki. Attendees had the opportunity to connect with industry leaders, investors, and other startups to foster collaboration and share insights. The event showcased transformative solutions advancing electrification, decarbonisation and flexible energy systems. 

The highlight was the final pitching of the Fortum Spark Innovation Challenge, where visionary innovators, early-stage startups, and future founders pitched their ideas to address energy-related challenges. The winner, CuRen, develops cost-effective copper flow batteries for long-duration energy storage. Other four great finalists were Ambidex: powering grid stability through retail refrigeration - turning coolers into batteries for renewable energy, Solstice Energy Storage: revolutionising solar energy storage by combining a solar concentrator with sand storage, bridging the intermittency of renewable energy sources worldwide, WaterTread Generator: developing a nature-friendly method to harvest hydro power and Korall: transforming excess atmospheric CO2 into an attractive resource. 

Another highlight of the Fortum Slush Side Event was the fireside chat involving industry leaders from Fortum, Valo Ventures and Greencode Ventures. The fireside chat focused on key enablers of clean transition, such as disruptive technologies, investment needs and role of various players such as utilities, startups and venture capital funds. This engaging discussion reflected the essential steps needed for a successful clean transition, bridging viewpoints of energy company and venture capital investors. 

Innovating for a thriving world 

Slush Week 2024 highlighted Fortum’s dedication to innovation and collaboration in the energy sector. By partnering with diverse players across the ecosystem, Fortum is driving impactful solutions and shaping a sustainable future. The events during Slush Week demonstrated the power of collective effort in turning bold ideas into reality. 

For more updates on Fortum Innovation, visit our page.