The valorisation programme at IREC aims to create an ecosystem that brings innovative ideas and technology to market by means of spin-off creation, licensing agreements and industrial partnerships.
Several spin-offs are already bringing innovative ideas developed by IREC researchers directly to the market and the society.
LEDMOTIVE lighting technology allows users to recreate any light spectrum. Lighting can be adjusted at different times of day and in different situations to respond to natural circadian rhythms, with demonstrated positive effects on productivity and health.
Its multispectral lighting system allows the dynamism of natural light to be transferred to closed environments. In particular, this technology has promising potential in the health sector, given that this system improves the mood and increases the well-being and quality of life of patients, providing an adequate atmosphere in harmony with circadian rhythms.
Founded in 2012, the company reached 15 employees and sold its products across the globe. In 2018, the company installed its innovative technology in the Intensive Care Unit of the Vall d’Hebrón Hospital in Barcelona, improving the well-being of patients and reducing their recovery time. In 2019, the VEGA07 Module from Ledmotive Technologies was named the “most important Enabling Technology of the year” at the LUX Awards 2019, the most important award ceremony in the world for the Lighting industry. More information in luxreview.
Ledmotive ceased its activities in 2022.
EOLOS Floating Lidar Solutions
EOLOS’ core business lies in the development of turn-key cost-effective integrated measuring systems for offshore wind applications.
Founded in 2014, this spin-off is an outcome of the 3-year InnoEnergy Innovation Project “Neptune”, a collaboration between the Offshore Wind Group of IREC, jointly with 5 other partners (Naturgy, UPC, CIEMAT, University of Stuttgart, and SIMO). Their technology consists of an energy autonomous system capable of taking accurate and reliable wind measurements at height of up to 200 meters at any offshore location, independent of water depth.
Five years on, EOLOS is a 17-person company with operations in three continents (Europe, Asia and the USA) and facilities in Montcada i Reixac (Barcelona), from where it assembles its technology and coordinates its world operations.
The EOLOS technology helps to:
- Significantly reduce capital costs (up to 10x less than bottom fixed met masts) during the development phase, when the final investment decision (FID) has not yet been reached.
- Pre-FID cost of money for developers is high as it involves a significant risk since only a portfolio approach hedges against failure.
- EOLOS can be installed earlier in the development phase, potentially reducing the wind speed measurement uncertainty and therefore the financial risks.
- In addition, it offers positional flexibility and can be reused in other areas within a wind farm site (or on other sites), potentially reducing the wind speed measurement uncertainty.
Bamboo Energy is a spin-off company from IREC, created on July the 7th, 2020 under the name Energueia, and renamed afterwards as Bamboo Energy. It aims to accelerate the energy transition, democratize the access to cleaner and cheaper energy by providing ways to monetize the flexibility of energy assets and the integration of renewable energy sources.
The energy transition in response to climate change and the challenges of our society must be an effective, efficient and just transition. The energy sector is evolving towards a decentralized, decarbonized, digitized and democratized model, where energy flexibility will be a key element in meeting the challenges in this transition. In this context, the role of demand aggregators is key to enabling and providing demand flexibility to the system.
Bamboo was born to be the software platform of choice for demand aggregation offering a modular architecture and versatile platform. The software is able to adapt customer requirements and regulations whilst minimizing customization efforts. The technology has an artificial intelligence core that allows customised and tailored solutions whilst reducing operating costs. It has the capability to manage all type of demand flexibility, which avoids asset discrimination and offers an easy integration platform, providing aggregation management to the energy market agents.
The technology is the result of the extensive work performed by the Energy System Analytics group at IREC, led by Cristina Corchero. The group accounts for more than 10 years of experience working at the intersection of technology and energy analytics. This know-how has been transferred to Bamboo Energy through a licensing and technology transfer agreement granting full commercial rights.