UP – Upcoming Energies
Galp innovation facility to accelerate energy transition
Positioning Galp for the next growth cycle and for the future of energy
- Increase portfolio resilience and competitiveness
- Investment for growth along the energy value chain
- Focus on project returns and financial discipline
- Balance net investments with competitive shareholder returns
- Capture opportunities from the energy transition while reducing carbon intensity.
Galp will create a new innovation facility in 2020. UP – Upcoming Energies is the name of the project which will be launched in January, based in Lisbon, and very much focused in searching for solutions for the axes of energy transition, mobility, digital and circular economy.
What we are looking for
Created with the purpose of opening Galp’s door to the global innovation ecosystem, the UP - Upcoming Energies intends to “create a hub of ideas and new projects at an international scale” - Galp’s executive director in charge of the Renewable Energies and New Business, Susana Quintana Plaza.
“We want to test paths and solutions which help Galp to position itself as a reference player in responding to the challenges society and the energy industry face. In that sense, we are searching for partners who have innovative and disruptive ideas or projects, which can add value to the companies service and product portfolio”, underlined Galp’s executive director.
The UP – Upcoming Energies innovation facility will operate in Lisbon, in a scheme open to the national and international startup and scaleup community.
The space will be developed using a reasoning of synergies, co-creation and cooperation for the development, launch and marketing of projects which fit into the axes in which Galp’s innovation area is positioning itself: digital, mobility of the future, energy transition and circular economy.