The United Nations predicts that European renewable energy usage will double by 2027. Germany set a new record by generating 57.7% of its net power from renewables in the first half of 2023. One of the biggest barriers to a 100% renewable grid however, is the variability of renewables. Wind and the sun are not constant, and the windiest and sunniest areas are often far from many cities.

Artificial intelligence (AI) is being increasingly utilised in the real estate industry to improve efficiency, enhance decision-making processes and offer personalised experiences to buyers and sellers. More and more startups and corporates are developing new value propositions along this value chain. We at PT1 believe that AI in real estate is revolutionary! PT1 is investing into more transformative real estate technologies, and we stand ready to support founders who are building in this space.

The housing industry is in a tough spot right now because of several problems. Some of the main issues are broken supply chains, rising costs and a shortage of labour. Factors such as global climate change, worldwide conflicts and the aftermath of the COVID-19 pandemic are exacerbating the situation.

There is a big opportunity to turn traditional real estate assets into energy assets. Assets will play a crucial role in updating the energy infrastructure as the current one is developed for centralised energy generation. More and more Start-Ups are developing new value propositions along this value chain; fueled by economic incentives and heavy regulatory tailwinds.

The transition to net zero is underway. We need to minimise our emissions to have any hopes of maintaining our 1.5°C targets. Doing so requires