Category Archives: entrepreneurship

GaaS – Geothermal as a Service

I’m always interested in new applications of sustainable technologies. It’s partly because I’m interested in innovations themselves — how to start up, how to make a startup successful, in fact, even the definition of success for a startup. Not all startup ideas need to wind up as IPOs or free-standing private firms. Nor do they always need to make a lot of money for a few.

In the article below we see a partnership that makes geothermal energy a reality for a whole complex of residents. It’s on a rather small scale, but reduces costs greatly for the families that live in the development.

The essence is to create underground sources near the project and put in the plumbing so that every home can have heating and cooling through the shared geothermal system. It’s installed in advance of occupancy, so the process becomes part of the construction of the site.

It’s taking place in Vermont. That’s a state with a serious heating problem in the winter. And like many US places, summers can occasionally require air conditioning.

Here, geothermal thermal developer Dandelion Energy and utility Vermont Gas Services (VGS) are teaming up to deliver geothermal capacity through newly drilled infrastructure to serve the Riggs Meadow addition planned in Hinesburg, which will include 44 townhomes and apartments designed for low- and moderate-income renters and owners.

The business model is somewhat like the “energy-as-service” provided by microgrid developers, in which they bear the upfront and long-term operations cost and responsibilities of the geothermal infrastructure and energy delivery. Each building will have its own geothermal heat pump and ground loop exchanger. The heat pumps will be electric, not gas powered.

Vermont Gas Services CEO Neale F. Lunderville said the utility will finance, own and maintain the underground geothermal infrastructure as a utility asset. Customers will simply pay for the service monthly.

It’s a novel approach for the troubled area of low-to-middle income apartments, which are often built with minimum investment because rents will be capped relative to more luxury accommodations.

This is a simple plan using well-understood technology, and should be a guidepost for others to follow.

Rod Walton, EnergyTech Managing Editor, Oct. 13, 2026

https://mymaritimeblog.wordpress.com/wp-admin/post.php

PSG joins Maersk and Cargill to bolster cleantech startup ZeroNorth with $50m fresh funding

This is the more usual course of innovation in the maritime field. Zero North is a software company.

It was incubated within Maersk and in 2020 was spun off into a separate company. Maersk Tankers debuts digital spinoff.

Its product then: “Optimise, formerly known as SimBunker, claims to enable owners and operators to reduce bunker consumption by determining the optimal speed of each vessel using multiple data points such as market rates, bunker prices, weather and individual vessel performance.”

The goal was to reduce emissions and costs of maritime transport. At the time it had 6 customers and 300 vessels using the product.

Now new funding has been received, and more backers have joined in investing.

This type of firm is just reaching the point when software support is starting to impose a burden on the firm. Most software startups can defer for a while the problem of support, but when the customer base grows enough, the whole cycle of customer support and updates and patches mushrooms exponentially. This places great financial demands on the firm. And it’s not profit-generating. The company benefit is only reputation, which takes a long time to repay the investment. But if reputation is tarnished by poor or unresponsive service, the company may be dealt a blow it cannot recover from, losing customers and revenues. It’s a critical time in a software startup’s lifetime.

The support conundrum is the principal reason for the failure of software startups and generally occurs later in the business arc than support for hardware-oriented products.

Adis Ajdin June 2, 2022

PSG joins Maersk and Cargill to bolster cleantech startup ZeroNorth with $50m fresh funding – Splash247

‘Firms undervaluing their drivers caused this shortage crisis across Europe’

Europe has much the same problem as the US when it comes to a driver shortage for logistics.

And the problem made it into consciousness for a similar reason– a new regulation that required drivers to take 45 hours of rest outside their truck, and other work rules. The rules were made for safety reasons, and they make a lot of sense.

But the effect was to prevent drivers from using extra hours to earn money from firms that pay too little. ‘Make it up on volume’ is possible only if you have enough hours to do it.

So drivers increasingly are simply walking away from driving jobs, or quitting and looking for jobs from those few companies that pay more fairly.

The speakers in the article make it plain that trucking firms themselves brought this shortage on, by not paying drivers fairly and not providing fair working conditions.

It’s much the same story in the US.

By Alex Whiteman 08/09/2021

‘Firms undervaluing their drivers caused this shortage crisis across Europe’ – The Loadstar