From Aviation to Sustainability: Jan G. Skjoldhammer’s NoviOcean Revolutionizes Renewable Energy
From Aviation To Sustainability: Jan G. Skjoldhammer Leading The Charge In Sustainable Energy With NoviOcean Article by Entrepreneurmirror.com – 10.09.2024 We recently had the privilege of interviewing Jan G. Skjoldhammer, Founder and CEO of NoviOcean. As a visionary leader of the energy sector, Jan is committed to addressing the global challenges of energy sustainability through cutting-edge technology. With a shift in career from aviation to being a leader in the field sustainability, Jan’s career journey is truly inspirational. With NoviOcean, Jan is revolutionizing the energy landscape by providing stable and profitable ocean energy solutions to eight key global sectors, vital to reducing operational costs and carbon footprint. Early Life and Educational Background We started the interview by asking, “Can you walk us through your professional journey and how it led to where you are today?” Jan G. Skjoldhammer shared, “I started my career as an Airline Captain with a degree in business. With combined aviation expertise and entrepreneurial spirit, and after a successful large real estate investment, I focused on developing the Hybrid Ocean Energy Converter, securing 3 patent families across 20 countries and advancing it to TRL 7. Witnessing aviation’s unsustainable fossil fuel reliance and past inventions’ delayed success sparked my motivation. Now, I’m dedicated to bringing NoviOcean to life, transforming renewable energy and reducing carbon dependence. With a proven track record of innovation, I’m poised to make a lasting impact in the clean energy landscape.” Adaptability Amidst Challenges Every field is filled with inevitable challenges. To learn more about the obstacles present in Jan’s sector, we asked, “Reflecting on your career, what have been some of the most significant challenges you’ve faced, and how did you overcome them?” Jan G. Skjoldhammer shared, “The energy sector is facing significant challenges, particularly with electrical consumption projected to triple by 2040. This growing demand puts pressure on our existing infrastructure and resources. While we’re making progress in renewable energy, with sources like solar and wind expected to comprise 70% of global electricity generation by 2050, we still face a major hurdle – intermittency. Current technologies struggle to provide a consistent supply, resulting in a substantial 40% energy deficit. This shortfall means we’re forced to continue relying on fossil fuels or giant and costly battery storage solutions, which hinders our transition to a sustainable energy landscape.” Current Offerings at NoviOcean We were interested to learn more about the services offered by Jan G. Skjoldhammer’s company and how it sets a unique position in the market. So, we asked, “Tell us more about your services and if you are planning to add something new in the future.” “At NoviOcean, we effectively address the challenges of this field, providing a more stable energy output. Our solutions to the obstacles include revolutionizing renewable energy with exceptional efficiency, delivering 3 to 40 times higher output than competition to power 1,050 households. Our technology also offers a high return on investment, with 5 to 50 times higher output per investment, and boasts the best market valuation. Moreover, we provide stable energy output, capturing up to double the wholesale price, through its innovative hybrid design combining wave, wind, and solar PVs. With high energy density, double or more than offshore wind, and a cost-effective approach, NoviOcean transforms the renewable energy landscape.” Jan added. Harnessing Innovation to Tackle Global Energy Challenges To learn how Jan includes technological advancements in business operations, we asked, “How does your approach to innovation and scaling enable NoviOcean to address global challenges?” “Our focus is on solving real-world problems, as we do with energy intermittency. At NoviOcean, we’re driven to solve complex global challenges through cutting-edge innovation. We protect our ideas with patents, prove our concepts in real-world conditions, and build strong partnerships to help us scale. Skilled talent is crucial to our success, and our team’s broad expertise has been a game-changer in bringing our technology to the world. By leveraging patented technologies, real-world testing, and strategic partnerships, we scale impactful solutions. Our team of experts propels the mission and enables us to bring transformative technologies to market, driving meaningful change and a sustainable future.” He responded. Employee Empowerment Ensuring client satisfaction and engagement is the key to a successful business. So, we asked, “What strategies do you implement to maintain high levels of employee engagement and satisfaction?” Jan G. Skjoldhammer replied, “At NoviOcean, we cultivate collaborative excellence by integrating diverse expertise. Our multidisciplinary team comprises PhDs, master’s degree holders, experts in Engineering, Procurement, Construction, and Operations, as well as business development and contractual negotiations professionals. Our board brings together renowned specialists in Energy Transition, Offshore Works, Sustainability, and transforming innovative ideas into successful products and business models. By celebrating successes and learning from challenges at NoviOcean, we build resilience and strengthen team bonds, ensuring well-rounded project outcomes and innovative solutions. The fact that we are working on solving one of present time´s largest challenges; to mitigate climate change, this is what drives me to work long hours, as well as keeping the enthusiasm high within the team.” Employee Empowerment Previous slide Next slide We ended the interview by asking, “How do you want your business to be remembered, and what steps are you taking to secure that legacy? “At NoviOcean, we’re harnessing the vast potential of ocean energy to power a sustainable future. With the market projected to reach €53 billion by 2050, we’re strategically targeting key sectors – including ports, offshore oil rigs, desalination, remote islands, and coastal regions. Through collaborative partnerships with industry leaders and our innovative Hybrid Ocean Energy Converter, we’re delivering stable, cost-effective solutions. We are currently discussing our expansion plans, including replacing costly and polluting diesel generators for oil rigs, desalination and remote islands. Further on co-location with offshore wind farms, larger coastlines, and hydrogen production, solidifying our position as a pioneer in the renewable energy landscape.” Jan concluded. Original article: https://www.allaroundworlds.com/jan-skjoldhammer-renewable-energy-journey/ F.A.Q. NoviOcean’s innovative Hybrid Energy Converter (NHEC) harnesses the combined power of wave, wind, and solar energy. This groundbreaking technology delivers efficient and cost-effective renewable
Jan Skjoldhammer’s Visionary Journey: From Airline Captain to Renewable Energy Innovator
Jan Skjoldhammer’s Visionary Journey: From Airline Captain to Renewable Energy Innovator Article by AllAroundWorlds.com – 08.31.2024 Welcome to a new and inspiring journey on AllAroundWorlds.com! Today, we invite you to explore the remarkable story of Jan G. Skjoldhammer, a visionary who has transitioned from a successful career as an Airline Captain to becoming a leading force in the renewable energy sector. With a background that includes business expertise, display piloting, and instruction, Jan’s journey is one of transformation, innovation, and an unwavering commitment to addressing the world’s energy challenges. In this article, you’ll dive into Jan’s unique path, starting from his early life and education, where his passion for aviation and entrepreneurship first took flight. Learn how his experiences in the skies, witnessing the unsustainable reliance on fossil fuels, fuelled his determination to create change. This determination led him to develop the Hybrid Ocean Energy Converter—a groundbreaking technology designed to harness the power of ocean energy in a way that overcomes the limitations of traditional renewable sources like wind and solar. As you continue reading, you’ll uncover how Jan’s company, NoviOcean, is pioneering this innovative solution, with three patent families across 20 countries and a technology that promises to transform the renewable energy landscape. Discover the challenges they’re tackling, from energy intermittency to market expansion, and gain insight into the strategies and growth plans that are positioning NoviOcean at the forefront of the global energy shift. Join us on this captivating journey, where you’ll not only learn about Jan’s visionary leadership and the groundbreaking technology behind NoviOcean but also gain valuable insights into the future of renewable energy and the impact it can have on our planet. Jan’s story is a testament to how passion, innovation, and a commitment to sustainability can drive meaningful change in the world The Beginnings of a Visionary Leader Can you tell us something about yourself, your early life, and your education? Jan is a former Airline Captain with a business degree. In addition to being a display pilot and instructor, he has seen many of his ideas transformed into successful products by other entrepreneurs. From Airline Captain to Renewable Energy Pioneer What led you to your current profession or field of expertise? After a successful venture in large-scale real estate investment, Jan decided to focus his time and resources on the Hybrid Ocean Energy Converter. He secured three patent families across 20 countries and advanced the technology to TRL 7. His motivation was fuelled by witnessing the unsustainable reliance on fossil fuels during long-haul flights and the success of several of his earlier invention ideas, which became market successes 15-25 years after he conceived them. The last of these ideas waiting to be realized was NoviOcean. Jan Skjoldhammer & Douglas A-26 Invader after Atlantic crossing, 1988 Previous slide Next slide An Overview of NoviOcean’s Mission Can you provide an overview of the business and its presence in the target market? NoviOcean is at the forefront of renewable energy innovation with our Hybrid Energy Converter, a project combining Wave, Wind, and Solar power. We hold three patent families across 20 countries and have reached TRL 7. Our design harnesses ocean energy to produce electricity while addressing the intermittency issues of wind and solar, reducing reliance on fossil fuels and costly battery storage. Our mission is to accelerate the transition to green power by offering solutions that deliver exceptional performance, lower LCOE, and up to 3-40 times the output compared to competitors. This positions us to significantly contribute to the offshore power industry’s Net-Zero goals. NoviOcean’s Unique Offerings What does your business offer in the current competitive market? Before diving into our offerings, it’s important to understand the challenges the global energy sector faces: Electrical consumption is expected to triple over the next two decades. Renewable energy is projected to account for 70% of total electricity generation by 2050. Current renewable sources like wind and solar struggle with energy intermittency, leading to a 40% energy gap and continued reliance on fossil fuels or expensive battery storage. NoviOcean’s Solution NoviOcean’s Hybrid Ocean Energy Converter effectively addresses this intermittency challenge, providing a more stable energy output. Key benefits include: Exceptional Efficiency: NoviOcean delivers an average output of 30 MWh/Ton, equivalent to 3,500 MWh/unit, enough to power 1,050 households. This is 3-40 times more efficient than competitors. High Return on Investment: With an estimated average output of 400 kW and a total investment of €12M to reach TRL7 (€3M already invested), our technology offers an average output of 31 kW per €M invested—5-50 times higher than competitors. To put in perspective, the most well-known and prominent competitor in this sector has spent 8 x the amount we need to complete TRL 7, for ¼ to 1/5´th the average output. Market Valuation: NoviOcean’s estimated output of 400 kW, divided by the valuation at the current funding round, shows a factor of 16, making it the best value in the market—4-40 times higher than competitors. Stable Energy Output: Our technology provides consistent energy, particularly when wind is low, capturing up to double the wholesale price. Innovative Design: NoviOcean is “The Hydro Power Plant at Sea”, built on simple, proven components, including a Pelton turbine, hydraulic cylinder, and floating body. Hybrid Option: Our 1 MW unit combines Wave (650 kW), Wind (300 kW), and Solar PVs (50 kW), benefiting significantly from shared infrastructure. Energy Density: Our system achieves 15-21 MW per km², double or more vs that of Offshore Wind, suitable for co-location or standalone operation. Cost Efficiency: Our lightweight, modular design uses off-the-shelf components, aiming for an LCOE below €100/MWh after producing just 100 units, below €70/MWh after 200 units, then lower. Generous grants and incentives make it profitable even at this early stage. Environmental and Economic Advantages: Double the Energy Output per Sea Area: This reduces the impact on adjacent industries like shipping and fishing and cuts CO2 emissions by up to 10,800 tons per unit annually. Stable Baseload: Our
The Game Changers | Interview with Novige and HelioRec during OEEC 2021, Amsterdam
Innovating Clean Energy Solutions: Novige and HelioRec at Ocean Energy Exhibition 2021 Exploring Cutting-Edge Renewable Energy Innovations for a Sustainable Future The Game Changers | Interview with Novige and HelioRec during OEEC 2021, Amsterdam Yesterday, Novige‘s founder and CEO, Jan Skjoldhammer, along with HelioRec‘s founder and CEO, Polina Vasilenko, had the opportunity to be interviewed and talk about our innovative clean energy solutions at the Ocean Energy Exhibition and Conference 2021, held in RAI Amsterdam, The Netherlands. Both companies are supported by the Marine Energy Alliance project. By following this link to the interview, we get to hear more about these solutions and why they are to be important contributors to the future energy mix. NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 kW Wave, 300 kW Wind, 50 kW Solar.(40% capacity Factor | 3.5 GWh /unit/year) Lighter, low LCOE, more powerful – the future of clean, efficient energy Wave energy: 5x denser than wind, 10x solar, available 24/7, highly predictable. Since 2016, pioneering simplicity, efficiency, and sustainability in cleantech By 2030, 0.5 GW contracted, and by 2050, 10 GW, reflecting our ambition to campture 25% of the EU’s 2050 target, worth E 30 billion in Europe alone. The global market is six times larger Structured path: Full-scale prototype 2022, commercial phase by 2029. Cost-efficient tech, global partners, and a sustainable future. Let’s connect! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next