Energy Democracy in CEE | Lorena Skiljan on Scaling Energy Communities & Micro-PPAs | TEB S1E16
with Lorena Skiljan· Noville· 68m
Noville's platform enables energy communities and micro-PPAs, reducing costs and fostering local, clean energy across Europe.
Key metrics
by the numbers · 8- 60%Grid cost savings
- 2.3 cent/kWhElectricity tax savings
- 60Noville German customers
- 12-14 cent/kWhUtility electricity price
- 6-7 cent/kWhAsset owner production cost
- 250Noville energy communities in Austria
- 50Noville employees
- 2060China carbon neutrality goal
Topics
8 tags- Duration
- 1h 08m
- Words
- 11.7k
- Questions
- 34
Timeline
14 chaptersIntroduction of Lorena Skiljan
Lorena Skiljan, CEO of Noville, is introduced as an entrepreneur with a background in law and energy, set to discuss energy communities.
Personal Journey into Energy
Lorena recounts her career path from law studies in Vienna to working at a major Austrian utility, eventually pursuing an MBA in energy management.
Founding Noville from a Sandbox Project
Her last project at the utility was an energy community research 'sandbox' in Vienna, which proved successful and led to her decision to start Noville.
Noville's Platform Explained
Lorena describes Noville's digital platform as a tool that matches electricity production from assets (PV, hydro, wind, storage) with consumer demand in 15-minute intervals.
Market Entry and Education Strategy
Noville initially used 15-minute simulations to educate potential customers about the benefits of energy communities and alleviate their concerns, a crucial tool for market adoption.
Micro-PPAs and Asset Pooling
Micro-PPAs are discussed as structured contracts for smaller, localized energy amounts. Noville pools diverse assets (wind, hydro, PV) to ensure a stable, year-round supply for communities.
Customer Acquisition Focus
Noville currently has a strong pipeline of asset owners wanting to join their pool and is actively seeking more customers to match the growing supply.
Benefits of Energy Communities
Participants in energy communities save up to 60% on grid costs and pay zero electricity taxes, in addition to getting cheaper electricity directly from asset owners.
European Regulatory Landscape
Austria is a front-runner in energy community regulation, with other EU countries, including Germany (whose law starts in 2026), looking to its model for implementation.
Grid Financing and Socialized Costs
The discussion addresses how grid infrastructure is financed as more self-producers emerge, noting that grid costs are largely socialized, similar to other public infrastructure.
Expansion into CEE and Multi-Site Solutions
Noville is expanding into Central and Eastern Europe, offering solutions for companies with multiple sites to share their self-produced energy across their various locations.
Future Investment Priorities
Lorena outlines two investment priorities: scaling Noville's bottom-up supply model and, as a policymaker, investing in grid infrastructure and flexibility (storage).
Role of AI and Digitalization
AI and digitalization are seen as crucial for increasing efficiency and stability in the energy system, particularly for forecasting and grid management.
Advice for Young Professionals
Lorena encourages young people, especially women, to enter the energy sector, highlighting its diverse career paths, purpose, and evolving, less rigid corporate culture.
Key insights
6 takeaways- 01
Local energy cuts grid costs
Energy community participants save up to 60% on grid costs and pay zero electricity taxes, making local supply significantly cheaper than utility tariffs.
- 02
Market education crucial for adoption
Initial market entry for energy communities requires extensive education and simulation tools to demonstrate benefits and alleviate customer fears, especially for B2B clients.
- 03
Wind park acceptance increases locally
Municipalities directly supplied by local wind parks show 100% acceptance for new installations, demonstrating the power of direct economic benefits.
- 04
DSO data sharing is capability-limited
District System Operators (DSOs) are willing to share data but often lack the digital capabilities and manpower to do so efficiently, highlighting a key digitalization bottleneck.
- 05
Europe's regulatory standards drive global goals
Despite perceived inefficiency, Europe's high standards in environment, safety, and data protection influence global goals, as seen in China's alignment with EU targets.
- 06
Energy sector needs diverse talent
The energy sector offers a wide range of career paths, from technical to legal and economic, making it attractive for young professionals from diverse educational backgrounds.
Pull quotes
3 quotesWithout having any it was a sandbox because there was no regulation in place for providing consumers with electricity directly from the producing asset which what we call today energy community or energy sharing.
So if you are part of the energy community, you will pay up to 60% lesser of the grid cost. And the grid costs are the one that are growing each year.
So the system of just top down by even if they are 10 in Austria but by the big guys is just not sufficient for us to have a resilient energy supply for the future.
- Welcome to a new episode here in the
- energy bridge. Today we have the
- pleasure to have Lorena Skilan
- CEO from Noville. Today we're going
- to explore energy communities. You were
- you are a entrepreneur by in your
- soul. You have been involved in supply
- chain. You mix also the studies in
- laws with energy. So mixed with touch is
- super interesting profile. You were part
- of our
- last forum also which was super
- insightful and today Raul is wearing
- super formal because we went to the
- Indian embassy today. So yeah you look
- great.
- >> yeah and welcome Lorena and looking
- forward for the conversation.
- >> Thank you. looking forward to very happy
- to be here.
- >> Thank you, Lorena. I think we the
- very first time that I saw you bought in
- Milan last year and you come across as a
- very vibrant person I can tell you and
- we are very looking forward to all the
- questions and how you getting some
- answers for you. So please tell us
- the very first thing when I we usually
- have only one page when we see the
- introduction of everyone but for you we
- have three pages because you do so many
- stuff.
- >> Yeah. We would like to start with your
- personal journey like how do you
- ended up here in the energy sector?
- what did you study before? What were
- your motivations? So why you are here
- now speaking about energy?
- >> Okay. Thank you. say maybe what was
- always like was part of my life and
- this is what I of course realized
- quite late but it's always going
- out out of the comfort zone I'm
- originally Croatian came for law studies
- to Vienna not really speaking German to
- be very honest and this was like the
- first going completely out of the
- comfort zone and then after the law
- studies and being part of course of the
- big law firms terms I made a decision
- to go to the other industry. So it was
- the next one okay going out of the
- comfort zone of something that you have
- studied in working for years in that
- industry and then just completely
- changed the industry and then I started
- with a big utility of course with my law
- studies and then and then I thought wow
- it's so interesting this this topic
- I'm really hot about it I want to learn
- more and I learned a lot of with
- the utility but then I made a decision
- okay I need also to study this it
- needs to be something where you
- take book and then read and
- after the law study you're just used to
- study and to have books and then I went
- to the University of the economics to
- Veu and did an energy management MBA
- and after after that after I
- finished the MBA this was while I was
- working within the utility then I
- really completely cut doing legal stuff
- and then I started doing actually
- product development at the utility So I
- I was then in charge for
- approximately four years for the whole
- product development of the biggest
- Austrian utility. So doing like
- electricity, natural gas, heating
- tariffs but also all other products like
- electromobility, PV systems,
- broadband, internet,
- telecommunication products. So
- everything what like a big regular
- utility brings to the market. And then
- let's say it to come back to the comfort
- zone as that start beginning a comfort
- zone doing a product for utility. It was
- like okay more or less what's next?
- Yeah, at some point you come to the
- question, okay, what's next? and one
- of my last project with the utility was
- actually energy community with a
- district in Vienna with a high-end
- district of FI at that moment and we did
- a research project there for one year
- without having any it was a sandbox
- because there was no regulation in place
- for providing consumers with
- electricity directly from the producing
- asset which what we call today energy
- community or energy sharing. But at that
- moment we did really as a research
- project utility together with the
- people living there and the guy who
- owns the field and it was really
- a total success. It was such a good
- project. It was such a great and it was
- like a moment for me to say hey that's
- the next actually energy communities are
- the next or let's say bottom up supply
- market needs to be developed. It's the
- next big thing on the energy market and
- that was actually then at that point the
- decision to say okay let's start noil
- let's start own business and
- this is how it happens actually
- >> okay
- >> and talking about entrepreneurship we
- know in Austria entrepreneurship is a
- bit more harder than the other places
- but it's getting way way nicer now
- but tell us about like how you
- got into it like what were the
- motivation the intrinsic motivation The
- motivation is always, when you
- start something like that, you don't
- think about, what's keeping
- you down or or what's what's stopping
- you or what could be the problems.
- You're always like triggered with the
- good idea and with what what do you want
- to reach., and so you don't think at
- that moment so much about or you are
- just ignoring what could be the
- hard things because you really want to
- do it. but actually it was what
- what what triggered me the most it
- was to create new things not
- just to do more of the same and put a
- different color on it or or a different
- name of the product but to innovate but
- it's still exactly but it's still a
- tariff and it the tariff is a tariff is
- a tariff like that poem a rose
- is a rose is a rose and it can't be
- anything else than a rose no matter
- how you call it or how how you
- what what what what you put on it and so
- it was more like okay we need to do
- something else the moment is here I want
- to create something on the market
- innovate and engage people
- in into that model or whatever it
- is so that was actually the motivation
- the biggest one yeah
- >> okay cool and we also wanted to know
- the
- how did your law background shape into
- No. So you went there more technical
- wise or more in the legal way?
- >> Well, let's say electricity
- doing things in the electricity business
- when you go to supplying the end
- consumers with electricity. And so it's
- it's actually less a technical
- thing., these are processes
- which are set down by the regulation and
- set down by the industry and you can't
- innovate this this type of processes.
- you can do on the top of the market you
- know AI with forecast with this and that
- but in a nutshell the core of the model
- is always in the electricity and energy
- business more or less the same like in
- all highly regulated businesses like
- banking sector let's say like that it's
- always highly regulated so you have
- always this core
- >> which is like the same and then
- >> around that you can play with technology
- and all of this so the business
- model in supply of electricity is
- more business intelligence than let's
- say to come up with a new extra super
- genius technology. So it's it's not that
- R&D, it's more like really business
- intelligence. How do I put the
- processes? How do I put the
- product towards customer that's
- efficient and all of this?
- >> Yeah. Actually, you were the first
- community energy community like fully
- digital, right? Like with the first
- platform, something we read in the news.
- >> Yes. yeah we have a full full
- platform but to be honest it's not
- rocket science it's not a large R&D but
- we have a full we have a platform which
- is really having a full end to end
- process for supplying electricity
- from the producing asset so it can be a
- PV but it's also hydro power plant or
- wind meal or also a storage storage
- technology and you need the end to-end
- processes and this is exactly what the
- platform does how does the kilowatt hour
- goes from the producing asset to the end
- consumer and then through that
- process you need to build it and you to
- do everything. Yeah. C
- >> could you Lorena explain like from
- the top down about Noel about the
- about the product and then also about
- the customers and also the problem that
- you're solving.
- >> Yeah. So what's actually actually
- maybe how how I always put it in a very
- very simple way., my parents
- always had apartments in Croatia and
- they always want to have Austrian
- tourists and Austrian always wanted to
- go to have their holidays and apartments
- in Croatia.
- >> But without having a booking.com between
- the apartments of my parents and you
- as an tourist who wants to go from
- Austria to the holiday, you need to go
- to Tui or whatever or you just can drive
- there and say dingdong and maybe it's
- free and maybe it's not free, .
- So, it's exactly more or less the same.
- Just to put it very in a very simple way
- to say we have assets they produce
- electricity every day or how we say an
- energy business every 50 minutes and
- they are consumer consuming electricity
- but how do I put them together I need a
- tool in between and this is actually the
- no platform so we developed a platform
- who has which has the capability to
- really to really like track the
- kilowatt hour from the asset to the to
- the to the consumer and Even more the
- platform matched on 15 minutes. So if
- the asset is producing it matched which
- consumer has in the same 15 minutes a
- demand and then it matched and then the
- kilowatt hour flows and then we can
- build the kilowatt hours. So actually
- without the platform because what you
- need you can for forget like you can
- take out all of these nice things around
- it but what you need is an electricity
- bill in the best way on the monthly
- basis to be very honest instead of
- yearly basis and if you can't provide
- that you just can't run run the
- model. So this is the most important
- thing in thing in business and to be
- able to do that to have these
- capabilities you need to have APIs to
- the DSOs because they are the data
- provider on the one hand of course
- and you need to have an access of course
- to the customer and so we developed
- the platform we develop all the
- processes needed all the APIs needed and
- all of that and this was like the way
- how then we were really capable to
- run the model. Nevertheless, only
- because you can run the model, it
- doesn't mean that somebody understands
- your model or feels the need for your
- model to be very honest. So the approach
- to the market was not that easy because
- just if you come to somebody and say hey
- do you want to have energy community
- it's like okay what's that what do I
- need for and why should I be a part of
- community I want to have electricity and
- not a community and so how we actually
- then entered the market this is what
- really helped us u on the one hand that
- we really coming from the utility
- business and we understand the kilowatt
- hours and the supply and how the
- assets are producing and so we actually
- started a little bit different even if
- the platform was in place but there
- is no word to put the customer on the
- platform but he doesn't really know what
- is worth or what's his benefit out of it
- so we start actually simulating energy
- communities
- >> so it's also something that we developed
- as a IT tool a 15-minut simulation it's
- more like a forecast so actually we
- provide to our customer like if you are
- ready to become an energy community or
- to start running the model. This is how
- it look like for you. So these are your
- assets. 80% of the produced electricity
- in your asset will supply your metering
- points which have a demand and in that
- case you would need for example like I
- don't know six 40% lesser less
- electricity from the utility which is of
- course more expensive and so we start we
- start like that and at the moment for
- example in Austria more or less
- everybody knows after five years already
- energy community. So we don't need to
- simulate anymore. People are already
- there. But at the beginning it was a
- very important tool for us. it was
- like more market education,
- >> explaining the model, explaining the
- benefits but also taking fears away.
- >> Yeah. But this it's interesting all
- the know how you could make education
- with the concept new concept that now it
- could be used in Eastern Europe
- countries now.
- >> Yeah. Absolutely.
- >> Going forward, right?
- >> Absolutely. because we see each new
- market that we enter actually and we see
- that there is I wouldn't say there is
- no missing knowledge it's more like
- missing information about the model
- what are the benefits for me what can I
- start and that actually also with the
- model because energy communities or in
- Germany it's called energy sharing by
- the law it's a part supply model and
- for the industry customers or or
- business customer largememes
- It's also very important to give them
- the security if they engage with this
- type of model that they won't have
- any problems on the other
- side with the utility with the grid
- operator and all of these things even
- if the law says nobody can make you
- problems but still people are with
- their utilities especially the B2B
- customers or the industry for the past
- 50 years and now you tell them hey
- switch to no like it's a hard thing. So
- this is why you need to do this
- >> explanations, simulations and give u
- give the customer the safety. If you go
- with me, you we the model
- won't harm you. It brings you benefits
- and you are safe with us.
- >> And if you tell us that
- it works in a SAS model or you get
- some transaction commission on every
- every transaction. How did it work
- with the with the model?
- >> Yeah. So it's a it's a typical SAS
- model. So actually the kilowatt hour
- each kilowatt hour that runs over our
- platform because it's matched on the 15
- minutes we collect the fee
- >> and where did the micro PPA comes in?
- >> Yeah that that are actually the microppa
- it's the it's the it's the producing
- side. So actually we need to give
- the pricing for the kilowatt hour
- produced in assets and this is like like
- let's say a microppa because normal PPA
- market is actually a financing market
- they collect money to finance the future
- project and then customer get the PPA
- energy for from the wind park for
- example let's take that example for five
- to seven years for fixed cheaper price
- but energy is as produced so it's not
- structure so that in that case the
- customer takes the risk. If he doesn't
- need that energy, he needs to pay it.
- >> You pay it.
- >> Exactly. Or you market it and then you
- have something, probably where
- you market it on the on the on the
- worseer conditions than you bought it.
- >> In our case, it's not that you're buying
- a large amount as produced.
- >> u micropas are more more to say,
- okay, we contracted an asset. we are
- structuring it on 15 minutes and
- this like package of structured
- electricity going from the asset to it's
- it's like micropa also because the
- amounts are not the whole
- capacity of a wind park it's maybe just
- only one windmill which provides like
- this type of structured micropa to one
- municipality because one windmill is
- really more than enough for one
- municipality
- >> I just want to understand like how you
- onboard the asset owners so there is
- there any minimum or maximum asset that
- they need to have to be onboarded or no?
- >> No, actually we do them as a pool.
- >> Yeah.
- >> So for us it's not that important if
- they are like big or smaller or or
- whatever. It's more that that load
- curves are good structured you
- know so if we would have only PV that
- would be a bad load curve because then
- we could supply our customers probably
- with the large amount of electricity
- only in the summer but in winter we will
- provide them maybe 10% or 15 maximum 20%
- of what they need. So by
- structuring our our portfolio on
- that side on producing side by having a
- hydro and wind and PV you can
- really serve on 12 months providing a
- really a good portion of electricity
- from that assets because of course
- >> perfect are our PV and wind because
- in the summer there are a lot of PV but
- wind is not producing in summer and in
- winter there is no PV but wind is
- producing at it maximum. And in between,
- in Austria especially when the
- snow is melting. So in the between the
- hydro the small hydro power plants come
- come in. And so what we actually need to
- take care is that we have a nice
- portfolio of producing assets which are
- supplying the whole year in this
- type. At the moment the asset side is
- not the problem because
- >> how is it distributed between
- technologies? How how is your portfolio?
- well we always where we also look
- at our demand portfolio and say that
- also the demand curve is coming
- together to the load curve. and
- well let's say we have more than half
- wind and hydro and the rest is PV
- because of course you need to calculate
- and PV much cheaper than the other ones.
- So you need to put it put it
- somewhere. So let's say like maybe 40 60
- 40 PV 60 and a little bit of storage
- inside and yes
- >> but the asset side is at the moment not
- the problem because everybody would love
- to give the asset into the pool
- >> because if you have a asset which not
- subsidized or in some subsidi in some
- scheme at the moment they were they
- are at the moment marketed under their
- producing price and so that's a
- problem for all asset owners. us at
- the moment. And so this is why actually
- we already have a list of assets waiting
- to be taken into our pool because we
- need to say hey you need to wait because
- I need I need to have consumers to take
- you in into my pool otherwise it's no
- word for both of us.
- >> Okay. So now you are looking for more
- customers.
- >> Yes. Because the asset side is
- really now they people are calling us
- and ask would you market my my asset
- into the energy communities and
- >> Oh that's cool.
- >> Yeah.
- >> Happy problem. Yeah, that's cool.
- >> And do you have any number for
- already the amount of customers that
- you're serving?
- >> I don't think it's it that type that
- much matter of how many customers in
- terms of because the customers are
- different., you can have like
- 200 of household customers or
- instead of them one industrial, one
- industrial will probably have a larger
- electricity demand than the 200
- households. so what I love to say
- actually is we have around in Austria
- only 250 of these type of energy
- communities or let's say like pools
- >> that we supply and have the
- supply and demand side the both sides
- >> a good portion of them are really
- municipalities where we provide
- electricity to all municipalities
- metering points so
- their buildings you the
- infrastructure that the man municipality
- runs actually on her own also
- schools, kindergarteners, all of these
- things. and then also the
- households. So mostly in the most
- municipalities that we serve that
- opened their their models to the
- households, it's more than half of the
- households of the municipality which are
- already in the model. So there is very
- very high interest also from the end
- consumers from households. the more
- let's say the half of the 250 or
- something like that are municipalities
- and the other half are
- industry log as of producing industry
- a lot because they really have larger
- numbers of gawatt hours of what their
- energy demand is and these are
- really very very high cost for these
- type of customers. So normally they have
- the personal cost and electricity cost
- are the second what they have in their
- book. So it's it's really really hard
- for them. we have some some really
- really good and great skiing resorts.
- They are also in Kikawat hours all of
- them. and of course we supply
- them with hydro PV. we put some
- windmills into the municipalities.
- >> so it's really a great experience.
- what I'm very proud of for example we
- have I think now four or five
- municipalities where we did an energy
- community together with a wind u
- wind provider. So like a wind park
- provider
- >> and the wind park provider actually
- >> asked us could we do the model that we
- as a wind provider provide electricity
- from the windmills. because in
- Austria as if you want to
- put the wind wheels you need the you
- need a yes from the municipality and
- from the households and from everybody.
- So in each one of the municipalities
- where we did a model that the people are
- directly supplied for the windmill
- >> they all go for the windmills. So there
- was no municipality where they backed
- off on the on the new wind park.
- >> because they know the benefits they
- have. They know
- >> they know the benefits. They know okay
- when I drive or when I look out of my
- window to that windmill and it does like
- this it does for me.
- >> Yeah.
- >> It's cheaper than utility.
- >> Yeah. This is something that
- regarding the business model is SAS and
- also transactional fees. So what is
- the different between them and how much
- they can save?
- >> so the model is set up by the
- regulation. So they save on taxes. This
- is what's cuted by the regulation. So
- it's a big benefit. They cut on the grid
- grid cost. So if you are part of the
- energy community, you will pay up to 60%
- lesser of the grid cost. And the grid
- costs are the one that are growing each
- year., we had this very high
- the electricity price going high due to
- the not only due to the war in Ukraine
- also due to the shutting down the
- nuclear power plants in France and
- France becoming importer of the
- electricity. France is normally
- exporting in other EU countries. So it's
- a lot what happens on the market and
- push the electricity price. But now more
- or less they are stable on a high level
- but they are stable. What is actually
- growing year for year it's a grid cost.
- So this is a large benefit for the
- consumers to save up to 60% of the grid
- cost. And on the electricity itself you
- have the benefit that you get actually
- your price from the asset owner.
- And when when a utility is doing
- electricity price, they buy
- whole electricity one year up front
- >> to the price of one year up front, then
- they put their risk markers on top
- and the margins. And this is how you get
- this very high price of let's say at the
- moment at the market without taxes
- around 12, 13, 14 cent a kilowatt hour.
- >> And an asset owner for running the asset
- and not being negative needs
- depending on the asset
- on the producing curve but he
- needs around let's say approximately
- maybe 6 7 cent. So if he says producing
- cost plus 1 cent
- >>
- >> the consumer is getting the energy to 7
- 8 9 cent but not to 12 13 14. So this is
- where you get better price. You get up
- to 60% off on the grid cost and you
- don't pay any taxes.
- >> Okay.
- >> And so these are the benefits along on
- on the pricing
- >> and it's a local energy
- >> that's clean.
- >> So if if we make a pyramid of the whole
- whole model. So we start with the
- asset ownersh.
- >>.
- >> PV provider, wind provider, hydro, small
- hydro. Then there are it goes to energy
- community and they get onboarded on your
- platform.
- >> Both of them. Yes.
- >> Yeah. And then you have the D the DSO
- the grid provider.
- >> Exactly.
- >> And then it goes to the end user. So
- >> and they save on the grid provider the
- the cost that you're saying or the 60%
- that they're saving it on that that
- part.
- >> Yes. And the taxes they save completely.
- you pay zero taxes. So let's it's
- it's at the moment the taxes are only
- the taxes are 2.3 cent a kilowatt hours.
- >> So that's to totally cut on the grid
- cost you save approximately three four
- in some cases 5 cent a kilowatt hour and
- on the electricity price you can also
- save two three four cent a kilowatt hour
- but actually the DSO is a monopolist.
- >>. So the DSO he's only only let's say
- only only for this model DSO has a
- really huge role in the system a very
- very important one. This is also why
- it's important that he is a monopolist.
- I'm I'm not against because
- >> natural monopoly
- >> it is a monopol because if the DSO would
- not be a monopol you will have a double
- infrastructure.
- >> This this doesn't make a sense
- because we don't have double roads we
- don't have double cables you don't put
- double infrastructure. So it's normal
- that the grid operator is a monopolist
- and providing this infrastructure in the
- same way to all market players. But what
- is he doing in our model? how is he
- connected to the platform? He's a data
- provider.
- >> Mh.
- >> So the DSO provides our our platform
- with the data how much electricity did
- for example you get directly from the
- asset. This data it provides to our
- platform so that we can do the billing
- and it provides also the data to the
- utility what you consumed for the
- utility. So normally the DSO always send
- the data to the utility and said for
- example Raul in this year your household
- let's say had
- spend like 3, 000 kilowatt hours and now
- he needs to send me the data I will
- spend over the energy communities 2, 000
- kilowatt hours and provide the other
- information to the utility and from you
- will get 1, 000 kilowatt hours. So the
- utility will build you the th00and
- kowatt tower and no will build you the
- 2, 000 kowatt towers and this is like
- this is the role of the DSO as a
- monopolist in the system and he needs to
- provide the data to us and also to the
- utility and now he needs to
- split the data.
- >> Yeah and you mentioned now that energy
- sharing in Germany so in somehow
- Austria was more advanced than Germany
- so now they are catching up.
- >> Yeah. And the law is starting on January
- 2026. So one month more. Today is
- December the 2nd.
- >> And how do you see the other European
- countries regarding energy community?
- What are the most advanced ones and what
- are coming next?
- >> So Austria was in any case first mover.
- So no matter where we comes where we
- come into new new markets, everybody who
- is in any way wants to
- know more about the model or run the
- model or implement the model is looking
- at Austria. So now Austria is really a
- front runner. We have the model model.
- We have the most advanced regulatory
- model. but also our DSOs are the
- most advanced in that data transfer
- even if we still have some problems and
- we communicating on daily
- basis but it's a good communication.
- It's it's really it's a good one. I
- wouldn't I wouldn't now bash on
- that because that developed really good
- and we are partnering on a lot of
- things with the DSO. So that works
- great. so everybody is looking at
- Austria. So this is also where we have a
- very trustful position entering new
- markets or you're coming from Austria
- how to do these models because
- we are all looking there.
- >> nevertheless the regulatory now the
- the German is the last mover
- >> to be honest it is as it is we can't lie
- on that. but nevertheless you have
- the regulation implemented in all EU
- countries. So actually it's possible to
- run the model in all EU countries.
- It's just a little bit let's say
- different to what extent the regulation
- put the model especially in terms of
- benefits
- >> like the transposition of the European
- law into each country
- >> absolutely so countries like Austria
- says full transposition it's good model
- let's develop that bottom up market
- let's give the benefits to the consumer
- so that that so that they go into that
- models because they have some
- benefit on money and the
- plan is not to keep these benefits on
- grid cost and on taxes forever. It's
- just when you see the models develop,
- people go to the model and there is some
- some kind of level playing field with
- the utility model then they will cut
- these benefits and it's okay because the
- model needs to be standalone on the
- market also without sub subsidies
- without these type of benefits but the
- EU law put it in that way to say you
- need to put some benefits into this
- model by regulation just to be able to
- push the models up because otherwise
- it's not attractive.
- energy market is very tight. Now we talk
- about utilities, you can put it, it's a
- little bit of oligopoly. Let's let's put
- it like that. It's it's not really like
- total free market of
- >> still concentrated.
- >> It's Yeah. Thank you for helping me.
- It's a very concentrated market. So it's
- not easy for the consumer to say, "Oh,
- and, you come home, you
- push the button, light is on, and you
- don't care about it."
- >> Yeah. So you need something that that
- helps you to say hey I go for it I
- will take my time and look
- what it is and try it out. So this is
- why the regulation wants to have these
- benefits but nevertheless each country
- as we are different in the European
- Union put the law a little bit different
- but it's it's it's there
- and you can run the model. So at the
- moment we have around I think in the
- meantime already like 60 German
- customers..
- >> And of course we have some first
- models like piloting in Belgium
- and also in Italy and also in
- Switzerland. So we are moving to these
- markets. The German market is of course
- the most important for us. It's a dark
- region.
- >> We speak the same language. So it's a
- little bit seamless to go to that market
- and we and what is more important than
- that language and everything. it's
- it's the biggest electricity market in
- the European Union. It's a German
- market. So the amount of electricity
- which is supplied in Germany it's
- it's the biggest market. So you can't
- leave the biggest market no matter what
- obstacles you have. And
- obstacles in Germany are pretty high
- because they didn't have a regulation
- until last week and we see the run
- because the customers potential
- customers are calling us now. We have so
- much inbound since since they passed
- the law. So there is a huge demand and
- need and customers want to have it and
- >> somewhere they heard about Noil. So I'm
- also proud about it because I was really
- astonished who is calling us and how
- they get our
- >> amazing
- >> name and number and whatever. So yeah
- that that works well.
- >> Lorena the utility they
- have been very used to doing everything
- by themsel like there's a bit
- of resistance to any innovation. I'm not
- saying that everyone but they are
- liberalizing going forward but
- Especially also for energy community the
- trend is that they started their own
- energy community some of the utilities.
- Yes. How do you see do you see them
- being a like a big competitor or they
- will be able to because
- >> y
- >> it might be easier for them to
- convince DSO right?
- >> Yes I would love to put it on that way.
- when you look at the electricity
- market no matter if you look in Austria
- or Europe in Austria you have 10
- utilities and there is enough portion
- for all 10 of them in Europe you have
- players like Eon Watenfall EDF EDP I
- don't know and there is enough for all
- of them
- >> so electricity market it's it's a large
- market it's enough portion for everybody
- so I think it's enough room So I don't I
- see them as a legitimate player in the
- market the same as we are. You need to
- you have these cycles where you
- really need to challenge the models that
- we have in place and also provide the
- market the consumer the stakeholders
- also some new models let's say come back
- to booking Airbnb and the old model
- let's come with Uber and taxi. So you
- know there are some cycles when new
- models come and probably you can
- have this type of examples when you go
- further in the past you always have we
- we all reinvent some some industry but
- it doesn't mean to that that the old one
- needs to die so it's not a kodak
- scenario or Nokia scenario for me it's a
- more scenario there is enough room for
- everybody also the electricity demand is
- growing
- >> we are decarbonizing everything and we
- are electrifying everything. So if you
- go to the automotive sector, if you
- go to e-mobility, we will need so much
- electricity more. If you go for all
- heings being electrified and push the
- fossil out, it will be so much
- electricity more needed. And I'm still
- not with all data centers for artificial
- intelligence which are I think in
- McKenzie study with 140 terowatt hours
- of
- The cake is getting bigger.
- >> Yeah.
- >> So it's enough for everybody. It's now
- enough for everybody. So I'm not I'm not
- doing and if somebody feel wants to have
- energy community from the utility, it's
- fair enough. It's the same like it's
- fair enough that somebody comes to me
- and say what I want to have
- something else in my utility. So it's
- fair enough. I think
- >> regarding the escalibility you mentioned
- that you were seeing some neighbor
- countries.
- >> Yeah. So I wanted to go into
- personally one of the most difficult
- questions. Okay.
- >> That
- >> because you mentioned the all the
- benefits all of energy communities the
- saving taxes the h the grid expenses.
- >> so all of this is being saved. So the
- more our self producers the less the
- grid is getting to maintain the
- grid. So the question is now with more
- energy communities who is paying the
- grid?
- >> We are all paying the grid always.
- >> Yeah.
- >> Since the all monopoly
- infrastructure the taxpayers so we
- are paying it all. But I know where
- where your question is heading. you
- know we have all I will again go to
- the general we all always have this
- situation that we are socializing cost
- for infrastructure we are also
- not all driving car but we all pay as
- whatsoever paying taxes for
- building up the lobo or whatsoever
- infrastructure that maybe I don't need
- or I don't want to have but still so
- I think it's normal that the part of
- infrastructure is always been socialized
- also also the vinolin and uban and
- everything this is all tax
- taxpayers and it's still good for us you
- know I would always love to pay taxes so
- that they build more uban and they build
- more of infrastructure and also the grid
- >> okay so it's public owned
- >> the grid yeah
- >> the grid is public owned that's why it's
- a monopoly and this is why but
- nevertheless the guys who are
- producing more with the PV of
- course they push more electricity into
- PV. So you could actually say now how
- the tariffs are set up. Actually the
- guys who are living in apartment in
- Vienna are paying grid for and this is
- always the opport like like how how how
- some media like to put it. So the poor
- guy in a social apartment in Vienna
- is paying grid for the rich guy on the
- vert having a large PV.
- >> Yeah. But still we need to develop the
- system. and it's normal that at
- some point some cost for infrastructure
- have been socialized like I said also
- for the public transport these costs are
- socialized no matter if you drive with
- the public transport or not you
- can use the bike every day I hope better
- than a car but still so this is
- normal but the state and the
- European Union but also the e control
- and Austria now with the new law
- they of course try or or not try they
- they do it now want to do the grid
- tariffs according to how to use the
- grid
- >> so you think that the now the new
- electricity law is kind of a respond on
- that matter
- >> partially I'm not now saying that
- I'm for the grid tariffs for the
- producers
- >> it's more than we have also the grid
- tariffs according to what we use from
- the grid so this is the
- first that they need to put in for
- the pushing pushing the tariffs
- for the producers. I'm not quite
- for it to be very honest because we are
- just pushing down the
- renewables for the let's say
- electricity that we will import because
- the less electricity we push into the
- grid the more we need to import because
- we are
- >> more expensive. We need more not more
- expensive. It's nuclear. It's coal.
- >> Of course, it's it's European mix. We
- have Austrian mix. Austrian mix at least
- >> super clean. Yeah. It's not super clean
- because you have craft simmering
- producing fossile electricity
- especially now in the winter time and
- and in eastern of so it's a
- it's natural gas but Austrian mix is
- nevertheless approximately let's say 70
- 60 70% hydro and then we have PV and
- wind and
- by 2030 it should be
- >> exactly and then we have and then we
- have a natural gas so this is Austrian
- mix but when you import
- >> from outside. Then you import coal from
- Germany, nuclear from
- >> Islamia or
- >> yeah the bad old one nuclear the
- Soviet ones from from Czech and yeah
- you can there is a great app called
- electricity map.
- >> Yeah, super recommended.
- >> It's super recommended because you can
- really see
- >> real time
- >> and it's bad to see it when I see
- Austria like yellow or or like
- getting brown and I say okay why are we
- importing so much of bad electricity
- and why we are not green
- >> yeah this is well regarding the
- question it's in interesting because I
- just realized that in my mindset is not
- public owned because in Chile we were
- the first country to liberalize the
- electric market and everything became
- private so it's a not natural monopoly
- but private so all of these
- initiatives I don't know what you mean
- >> it's interesting
- >> no in Europe we had the
- unbundling regulation in 2000 where the
- grid operator which is a monopouist
- owning the infrastructure need to be
- separated from the utility which is
- actually a competitive part of the
- market.
- >> Okay. And this is why for example you
- they needed to split all the
- utilities and this is why you have now
- in Austria venet that's the DSO the
- monopolist the grid operator and vin
- which is utility in the competition
- >> okay
- >> and you have it everywhere so you have
- also in need
- which is a grid operator is a monopolist
- and f which is a utility in the in
- the competition competitive markets. So
- this is why and this is through whole
- Europe.
- >> and this is why we also get the data
- from the grid operator because he is
- stateowned monopolist and he needs to
- >> provide data to everybody.
- >> How willing are they to share the data?
- You think the DOS they like to share the
- data?
- >> Yes. I don't think that they have any
- problem to share the data. they have
- problems more with the capabilities
- how to share the data. the
- digitalization it's the large large
- topic and large issue and the
- capabilities I think that's that's the
- manpower do I have the real the
- right people sitting in the office
- which have the capabilities and the
- education to run the data models and
- and to do the all all these things I
- think it's more not not that they don't
- don't want to they need to put them in
- the situation to have the capabilities
- to do So it's a lot of digitalization
- and it needs to be done there but you
- know it's not only now in this
- what happened us in corona time when we
- realized we are not capable to exchange
- the data so nobody knows and
- this is the same like more or less so
- they needed they had a really short time
- to implement all this APIs and
- everything to be capable to provide
- us with data in the market but we are
- moving and every today it's better than
- the past one. Let's
- let's say it like that. So it's it's
- okay.
- >> Lorena you already you were
- talking about like the Austria getting
- electricity from the neighboring
- countries. Do you think like why your
- platform and going forward also the
- other Eastern European and the central
- European countries they it will be
- lucrative for the factories to share
- energy between your platform. they can
- that let's say a check factory wants a
- clean energy
- >> and they could just talk to you and that
- you are able to provide them.
- >> Yeah, absolutely. And we are really
- approached by by different type of
- industry and businesses and
- producing because they have a lot of
- them have also need for clean energy
- because they have some ESG rules they
- need to meet and they need to
- deliver or or or whatsoever. So it's
- money. so they have a large need
- for green electricity. Next to
- that
- >> that they have some own assets which
- they want to incorporate in their
- supply. So this is not working very well
- at the moment where for example you have
- a company who has two or three sites
- somewhere let's say in Austri in some
- Europe let's say in Slovakia. Yeah. one
- is in Bratislava and the other
- ones are somewhere else and they have
- some let's say large producing asset on
- one side because they have a large
- rooftop and with great opportunity.
- >>.
- >> And they produce their surplus energy
- but they can't supply their office
- building in Bratislava by their own
- produced energy. the system is so this
- is where we come and say no problem we
- have a platform you put your all three
- sides on the platform connect them with
- each other as a energy community energy
- hub energy sharing come on name it as
- you like it I don't I don't have there
- any any problems so you name it
- >> and this is actually and then you
- can share first your own energy
- throughout all your metering points as a
- company and now it this this possibility
- is not is just not there and this is a
- lot of our customers in Austria are
- exactly doing doing doing doing that
- model when they say okay I have multiple
- sites or let's say for example the
- bookstore Morava which you probably know
- as a student in Austria because they
- have a lot of bookstores and then they
- have a large facility somewhere else
- so this is for example one of our
- customers which I'm very proud of
- because I studied I studied law
- and when you study law you have a lot of
- books. So I always like Morava and
- spending time also there as I was a
- student and so now they have a
- producing asset on there like this
- facility they have outside of Vienna and
- now we will take them all in a
- pool and then they can supply with their
- own PV also their their bookshops in
- Vienna and so this is actually
- with the skiing resorts is more or less
- the same. skiing resort has a lot of
- metering points owned by them on the one
- side but they are not connected and we
- are connecting it by our platform and
- it's a large benefits for all B2B
- customers. you touched upon the
- willingness of DSO sharing data, but do
- you think that also there's a inherent
- unwillingness on the government side
- that they still don't trust the
- cloud-based data yet and all all
- like your at model at Noil and a lot of
- innovative innovative solutions because
- they have the data on the cloud and the
- the distrust between the government it
- faces a lot of hurdles with I'm not
- sure on that because I would
- challenge on that why because
- of the very simple answer that all our
- governments are using Microsoft
- which
- as we know now there is one case where
- the Microsoft shut down all the services
- to one person it's a judge and he is
- like cut it off from from from the world
- his credit card doesn't work he can't
- book anything it they just cut down cut
- him down. I'll put you the case. Very
- interesting. but actually they are
- all using Microsoft. So they're also
- using Microsoft cloud
- >> the data centers in the US.
- >> Exactly. So if we compare to
- Noil is using and if you want to say no
- has a server in Austria and our data are
- in Austria and in Germany. So
- what. But I always give an answer
- to this question. Hey guys, we are all
- using that and of course we need to
- rethink it that there is some also
- because of this case that happened they
- are now on the European Parliament on
- European Commission level also thinking
- because this is part of our European
- security
- >> business everything happening
- >> that's also yeah but I don't
- I don't think that's that's the issue
- and I think we have a large awareness
- of we need to also start in is start to
- have our own service providers also in
- this tech part of the business and
- also in the AI world and in all of
- these things. So I think we will
- move forward also on this in Europe. A
- quick run on something it's just not
- a part of our DNA in Europe.
- maybe to put it like that and it
- doesn't need to be a bad thing because
- actually Europe is still the nicest
- place to be in the world to work and to
- live and whatever you want to do.
- >> It's also part of the Yeah.,
- it's still and so also or or
- how to how I love that that that
- sentence., the democracy is the
- most inefficient way to rule a country,
- but it's still the best way or we still
- doesn't have nothing better than that.
- Even if it's the most inefficient way
- because no matter how many voices you
- have on the table, we all need to cramp
- to the same point.
- >> Tell Raul that it's the biggest
- democracy.
- protype of democracy there. But this is
- another podcast. This is another
- podcast.
- You are right. But it's another podcast.
- >> She deserves an applause.
- >> But what I actually
- not saying India Indian democracy is I
- don't know what you said, but I'm
- wearing a Indian jacket today.
- >> Yeah.
- >> Yeah. No, but what I wanted to say maybe
- it's not always of course we are
- triggered by what others are doing and
- we are al of course watching very much
- to the US and to China and have the
- feeling they are running over us by this
- AI and all of these big tech companies
- like Ma or Alphabet or whatsoever. But
- what we need to ask ourself is that
- the quality of living and of the models
- that we want to have or or is it maybe
- even better to say okay give me your
- Instagram give me your Facebook we run
- with that for a couple of years then we
- come up with okay this part is good this
- part is really bad and this part you
- really don't want to have where they are
- observing you whatsoever and then do our
- own model which is also good and which
- is maybe more sustainable than all of
- these models. I was I would always go
- for Europe and our model of doing
- things even if it's slowing down if it's
- inefficient.
- >> but
- >> yeah actually we went to China three for
- three weeks the last month.
- >> Okay.
- >> And well we can share a lot of things
- about the tree but not now.
- >> But one of the things it was interesting
- that many of their goals are based in
- European goals. So for example they are
- aiming to have carbon neutrality to 2060
- and it's close to 2050 and then all
- the we saw we had a lecture about
- synthetic fuels for airplanes
- >> and they set all their goals
- >> to match with the European goals
- >> of course. So it's like okay it is
- low but it sets some
- >> no even standards.
- >> Exactly. Because what they really know
- is we can do it in other way than
- Europe because we are autocracy. So no
- matter what I want what I goal I have I
- can push all the money and everything I
- want into that because it's an
- autocratic system. So I rule by top
- down. but nevertheless they are
- intelligent enough to know Europe is our
- biggest market is of course next to us
- our most important market and this is a
- market which is setting the standards on
- environment on safety it's not only
- environment it's also safety
- >> data protection
- >> data protection or just for my
- Christmas lights not to burn down my
- house it's also a safety standard
- >> and so they know they that on the one
- way we have standards which are anyhow
- good for everybody like don't burn my
- house with stupid Christmas lights.
- on the one way and on the other
- way if they don't go with that
- standards they lose their markets
- and US market is in yeah they
- they have a little bit lower standard
- than us but they still have standards
- you
- >> yeah well the conversation is getting
- super interesting
- >> like running out of time so we wanted
- to move to the future vision So we
- wanted to ask you this just to
- dream if if you would have hundred
- million euros what would you or where
- would you invest it on to accelerate
- energy transition.
- >> Okay. So I would put two hats. So
- one is of course no
- >> in a startup
- >> if I would no if I would have a next
- funding round of 100 millions.
- >> Yeah. after our last five million
- around., of course, we would try,
- of course, to push up, push this
- model even if you need to subsidize and
- something just to gain a market share
- and to roll out, as I love to say it,
- a bottom up, supply model
- because, I'm totally convinced,
- and we have already like 50
- employees, which are more all really
- much younger than I am still. So, it's
- really bad. which I see there is a
- need on market and we need
- something like this. so the system of
- just top down by even if they are 10 in
- Austria but by the big guys is just not
- sufficient for us to
- have a resilient energy supply for
- the future. So if you would give Nobel
- 100 million euro, we will go and run
- for the market just to give the
- possibility of all consumers to have
- this model and to supply them locally
- and because when you supply yourself
- locally, you also support the guys who
- are building the assets, you are
- creating working place locally within
- your municipality, within your region
- and so on. If I would be a politician
- politician
- of the somewhere in the EU or in
- Austria, of course, I would push for
- for grid and for renewable. So for
- flexibilities, sorry. So let's say
- renewable assets in terms of
- flexibility, storage, storage, storage,
- storage, storage, storage. And then I
- don't need any thermal assets on
- nuclear because then I don't need that
- base load power plants. I need
- flexibility. So grid and flexibilities
- storage batteries storage storage
- >> amazing
- >> storage storage
- >> but having said that also in the future
- vision how how do you see
- like you have a platform which is
- replacing PPA the human negotiators
- there's also a large share of AI in
- energy trading as well how do you see
- that going forward
- >> forecasting also and everything yeah so
- a lot of things are getting auto automat
- it which also means more efficiency in
- the system and it's also always good to
- have in this type of industry efficiency
- because anyhow you are working
- with systems
- so you are gaining efficiency and if
- you had a system where one guy is
- calling the other guy to start running
- some plant because the grid needs
- electricity or something it's better to
- digitalize this process so nobody
- actually lose that much if we digitalize
- ize this information is going from A to
- B in 10 seconds. Please push the
- turbine or whatsoever. so we are
- gaining a lot of efficiency and we can
- then when you ask me who is
- paying for the grid so we can use
- this u this efficiency gain to put that
- money maybe into into into the into
- other type of systems because the value
- chain of electricity is really a
- large value chain and if you go
- throughout the value chain you will
- always find
- where you need money and where
- you can put more workflow and where
- you can create new business models
- and therefore create new money there,
- flexibilities
- again, create new infrastructure which
- creates new new working places and all
- of this. So yeah I think I think
- digitalization efficiency gaining it's
- is very very important and we need to do
- more on the digitalization of the grid
- also because when you go for the
- e-mobility
- and all these vehicles are moving assets
- there are flexibilities I just can't run
- vehicle to grid because I need the
- capabilities of the grid so that my
- electric car can also
- serve as a flexibility for the grid
- and also to sell energy to the utility
- provider.
- >> Yeah. And now we have to ask this
- because it's on the table everywhere is
- AI. So what do you think that is the
- role of the AI in energy communities?
- >> Yeah. So I think every and each of the
- new technology
- needs to or has has place in the
- business models it always
- start with the buzz word and then you
- know and everybody needs to have like AI
- AI AI and at some point that settles and
- then you really see okay where it's
- really beneficiary where it's a must and
- where it's still just a buzz word and
- okay to have but No, no, no, no much
- need when you go to things of
- like doing the forecast and
- doing all of these things. So AI can
- really be a very good tool and a good
- put good benefits in the whole in the
- whole system. Also when I when I look
- how you manage the grid and
- everything of course the AI can provide
- you with that quick u data processing
- that within I can't even imagine you
- know I'm I'm I'm a lawyer I'm not a
- technical guy or woman but the
- it's it's processing data out of grid
- and can provide the TSO
- with such important information in
- such a short period of time in
- seconds or or lesser than a minute
- >> and this is of course where you gain so
- much benefits and you can
- you can just do your work much better
- and much of
- stability you get out of from the
- system. So I think AI is really
- important. we need to implement it
- into into our systems and because
- it's it's doing a lot of benefits I
- don't need it everywhere but it's the
- same with all technologies I don't need
- them everywhere and if I if I put it
- really in a proper way then it can
- have a lot of benefits so yeah we need
- AI also in electricity for me it's it's
- it's set it's it's
- >> it's for the fault now
- >> yeah you Oh, you always
- need to go with a new technology. Just
- just discussing technology as something
- bad. It's it's no word.
- >> Just go for it and you will see what
- what at some point you will come up
- where is the benefit for different type
- of systems or industries or whatsoever.
- Yeah. And do you feel that going forward
- Nobel being the capability that
- Nobel has and if you are also
- collaborating with a utility or can
- become a digital arm of a utility that
- you'll be able to scale more
- >> well of course
- >> especially with Vin energy for let's say
- for example
- >> of course of course to be very honest
- in Germany we are really doing a lot of
- So we are working a lot with
- the utilities.
- >> So we have like more than 30 customers
- in Germany which are utilities.
- and actually yes of course they are
- scaling us because each one of the
- metering point of customer which is on
- our platform no matter if it's directly
- you or you throughout Venge or some
- other utility
- >>.
- >> you are my customer. So yeah and as I
- said on the whole beginning it's
- enough room for everybody and to be very
- honest I sent also my customers to
- the utility and say
- this is where you get get get a good
- good electricity contract and we are
- also partnering with some utilities
- also in Austria and it's good it's
- good it's it's a nice thing. Great. And
- now thinking in future any
- transitions we say that it's a marathon.
- So we have 2050 like a goal but it could
- be even more. So what would be your
- advice for the young professionals
- getting in this sector and especially
- for woman?
- it's it's it's unbelievable how
- interesting the energy sector it is
- especially electricity. it's it's you
- are learning so much new things so
- much interesting things and of course
- it's something that has a purpose well
- because at the end we all need
- electricity. It's good. and it's
- needed. it's needs some efforts
- because young people at some point
- I see it with my employees. Okay. They
- need to understand that things are not
- running that quick as maybe in a
- lifestyle industry or or in
- fastmoving consumer industry. That's why
- it's called fastmoving consumer industry
- and not slowmoving electricity industry.
- so but it's so interesting and it
- allows you at the end it's such a
- wide spectrum. So when you as a young
- person come into this industry at
- some point you have really a lot
- that you later can choose what you want
- to work with. Do you want to work with
- the utility? Do you want to go with the
- DSO? Do you want to be a technical guy
- and build the windmills or PVE
- plants? Do you want to calculate the
- business? Do you want to sell the
- business? So really there is such a wide
- range what you can do. and if you go
- a few years through the business as I
- did you will learn so much about so
- much different things about the
- physics you also if even if you do just
- about I don't know working in
- customer part talking with
- customer you still need to know that the
- grid is stabilized at 50 Hz. You need to
- know that. So you also need to have some
- a little bit of physics of
- economics.
- We are talking about the tariffs of how
- the system is working that
- windmill is producing in winter and
- PV in summer and the load curves. So
- it's so much of knowledge that you get
- out of spending time in the
- industry that I can really say to
- each one of young person and look I'm a
- lawyer so you can come really from a
- from education which has really nothing
- which is so far away from electricity
- because it's not technical it's not
- economics and I would really
- invite young people to try out the
- industry because it's very interesting
- and there are so many paths they can
- take then later on it's so open to
- women it's of course more difficult like
- in every industry this is just
- statistics it's not Lorena it's
- statistic
- >> but we are fostering that's why
- >> we are fostering it's changing to be
- very honest and as I my beginning in
- electricity but it was not much diff
- I'm a little bit different in the
- lawyer's office but also the same I was
- really very often sitting alone with
- male on the table.
- >> And so at some point you get used to
- that. At some point it's annoying but
- it's it's no word no matter you just go
- your way. And this is why I need to say
- to every woman just don't care about it
- and do your way but it's changed at the
- moment a little bit. So there are more
- >> and how do you see the trend at Nobel
- right now.
- >> Yeah. So yes and what I wanted to
- say is the industry became
- wider also through the companies
- like Noila is but also to the companies
- like the guys who build the wind parks
- and who build the PV plant so you don't
- really need to go to this a little bit
- more
- >> stiffer
- u corporates you can choose you can go
- so I see that people feel very
- comfortable with no because we are also
- a very diverse and as we did the last
- funing ground. it's it's a it was a
- it's it's now around a year ago and we
- get international also European VCs
- who funded us. and then we also and
- this was also our wish from Peter and
- myself to put into into our statute
- that our goal is to have 50% of
- the women and 50% because I think you
- always start with yourself.
- >> Yeah. And if you don't want to give that
- effort in your own company then you
- don't need to go to other ones and say
- hey why do you have so less women. So
- still it's not that easy. So we are
- pushing hard also on that. We also
- pushing hard on being very diverse.
- we are now English speaking company.
- >> Wow.
- >> Let's ask for another applause.
- >> Yeah. Let's see.
- >> Yeah.
- Thank you. Yeah. So we really I'm proud
- of that. We have guy from Nepal. We
- have a guy guys from from from South
- America. so and a lot of Europeans.
- we have yeah some some some people
- also from Israel. So we are so
- diverse as as as we can only be and
- it's a so I would say actually to
- all the companies it's such a
- beneficiary for a company for being
- diverse because you get so much of
- different inputs which helps your
- businesses and our customers are also
- diverse. So we also need to
- meet our customers with also
- how we are as a company and how we are
- acting. What one thing we are saying
- with the energy bridge is that the
- energy transition can wait can't wait
- for the language.
- >> No. So it has to be going in forward
- with one language. So that's why we also
- try to foster English in the entire
- region.
- >> Yes. Yes. And this is also the way
- to go. Yeah.
- >> Yeah. Okay. it has been amazing to
- have you very exciting conversation.
- yeah, we look forward to have you
- maybe again in our next forum. Of
- course, your participation was super
- insightful and energetic
- and yeah, do you want to add something?
- >> No, just thank you. It's been an
- honor and we really feel your
- energy. So onwards and upwards for Noil
- and for you and for everyone around you.
- Thank you.
- >> Thank you guys. I enjoyed it and it
- was such a pleasure and hope to do a
- lot of things together with the two of
- you and the energy bridge also in the
- future and thank you so much.
- >> Amazing. Thank you and thanks the
- community for watching the episode until
- the end and see you in the next episode.
- Cha chiao.