Helping energy companies track climate risk

This platform helps utility companies build resilience and meet reporting requirements

Spotted: Climate change means that risks such as flooding, heat waves, and storms are becoming much more common globally. And infrastructure is going to bear the brunt of these risks, with annual costs for adapting to climate change estimated at between $160 billion to $340 billion by 2030, and $565 billion annually by 2050.

One way to reduce these costs is for companies and governments to proactively adapt energy infrastructure before the costs ramp up. To help with this, climate tech startup Repath assesses climate risks to energy infrastructure. The company provides bespoke analysis that integrates climate data with detailed simulations of the vulnerability of energy assets.

Repath analyses energy infrastructure portfolios to identify climate risks within different scenarios, timelines, and asset categories – for example, which power lines face high risk from overheating and storms. The startup also analyses the impact of hazards such as flooding, wildfires, and sea level rise on material stress, efficiency loss, operational disruptions, and more. This information is then used to enable strategic adaptation to improve resilience, for example, by reinforcing power lines and installing cooling systems.

The platform also helps companies manage complicated climate risk reporting, by automatically generating standardised reports that adhere to various common framework requirements, including the CSRD, TCFD, and EU Taxonomy.

Founded in 2021 at the University of Hamburg, Repath recently completed a €3.6 million seed funding round led by Lightbird and Greencode Ventures. The funds will be used to develop the company’s technologies and strengthen its market position.

Written By: Lisa Magloff