Acceleware has been selected to pitch at the 21st Annual Rice Alliance Energy Tech Venture Forum, an anchor event for the inaugural Energy and Climate Startup Week in Houston, September 9-13, 2024. The Rice Alliance is associated with Rice University in Houston and was created to focus on solving energy challenges.
Calgary’s Acceleware is an advanced electromagnetic (EM) heating company with scalable EM solutions for large industrial applications.
The company’s solutions provide an opportunity to economically electrify and decarbonize industrial process heat applications previously considered difficult to abate, which could have a significant impact on global GHG emissions.
Acceleware is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands that is materially different from any heavy oil recovery technique used today.
The company is also working with a consortium of world-class potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals.
“Acceleware is very excited to be heading to Houston for this event, where we will have the opportunity to network with companies and investors with specific interest in the energy ecosystem and technologies like ours,” said Geoff Clark, Chief Executive Officer.
“We are really looking forward to making U.S. companies aware of the enormous decarbonization potential of EM Powered Heat. With around 15% of global emissions coming from industrial heating, investing in further development of well-progressed technologies like ours that can radically reduce emissions in the near term needs to happen now. The nexus of clean tech and energy in Houston is an ideal venue for us to showcase EM Powered Heat, and our decarbonized enhanced oil recovery technology, RF XL to a broader international audience.”
The Energy Tech Venture Forum, hosted by The Rice Alliance for Technology and Entrepreneurship is the premier energy tech venture capital conference that connects energy innovators, investors, corporates and the energy ecosystem.
Last year Calgary’s Ayrton Energy and Galatea grabbed headlines at the 20th annual Energy Tech Venture Forum.