FUTURE OF ENERGY CHALLENGE
Visit the Net Impact website to learn more about our partner, the Accelerator, and more!
Shell partners with Net Impact to give the next generation of thinkers, inventors, and entrepreneurs the opportunity to design and innovate solutions to modern day problems related to mobility.
For the 4th year in a row, Shell is partnering with Net Impact to host the Future of Energy Challenge. Net Impact is a non-profit organization that serves innovators and entrepreneurs at both the university level and in the professional world. Net Impact has a passion for empowering and equipping the next generation for success in reaching their goals and changing the world.
In the Future of Energy Challenge, Net Impact chapter members collaborate to design and innovate solutions to challenges related to mobility, energy and more. The finalist teams are paired with Shell mentors to develop their ideas into strong proposals. The teams are then brought together to participate in an accelerator to further develop their proposals and help them get to “market-ready” status. Shell hosts this challenge to encourage and inspire the leaders of tomorrow by giving them a platform for expression, ingenuity and creativity when it comes to solving the latest challenges in energy and mobility.
In this year’s competition, students are challenged to find innovative solutions to reduce scope 3 emissions. Scope 3 emissions are often the most complex portion of a company’s GHG footprint, and because they are indirect emissions that take place down the supply chain and outside the company’s direct control, it is often more difficult for companies to address them in efforts to reduce their overall carbon footprint. As part of our ambition to be a net zero emissions energy business by 2050 or sooner, Shell aims to reduce the net carbon footprint of the energy products it sells in step with society by around 65% – an ambition that requires consideration of scope 3 emissions produced by customers. Becoming a net-zero emissions energy business is a huge task. The business plans we have today will not get us there. Our plans must change over time, as society and our customers also change. Amidst the complexity of supply chains, addressing scope 3 GHG emissions is an area with substantial opportunities for aspiring entrepreneurs looking to have an impact in the energy space. Shell is excited to invite the next generation of innovators and entrepreneurs to submit their solutions to this year’s Future of Energy Challenge.
The Future of Energy Challenge has produced innovative and viable business solutions that have changed the landscape of the mobility and energy space. For example, the winners of the 2019 competition, ElecTrip, developed their idea through the Future of Energy Challenge and are now a fully operational business. ElecTrip is an electric-vehicle transportation company that uses Teslas to transport customers to and from cities like Houston, Austin and San Antonio. ElecTrip has completed over 1,000 rides and serves companies like McKinsey & Company, Pricewaterhouse Coopers, and Apple.
Click here to learn more about the 2021 Future of Energy Challenge!
Click here to learn more about the 2020 final pitch competition.
Click here to learn more about the Future of Energy Challenge: Mobility, Net Impact, and more!
Click here to learn more about Electrip, the 2019 Future of Energy Challenge Winner!