A UK startup is shaking up the energy sector just like neobanks did with finance, using technology to connect businesses directly to renewable energy sources. Tem, the self-proclaimed “neo-utility,” is on a mission to help businesses bypass traditional energy providers and their high prices, all while making it easier to meet climate goals.
Renewed energy
Tem’s platform uses AI to match businesses with suitable renewable generators, providing pricing, billing, and customer service all in one place. With over 200 customers, including Silverstone, Tem is making clean energy accessible to all.
The state of play
Unlike traditional energy suppliers, Tem focuses on direct connections between businesses and renewable generators, avoiding the volatility and high costs of the wholesale market. Backed by Atomico and other investors, Tem is set to expand internationally, starting with Europe and then the US.
With Tem leading the charge, the future of clean energy looks bright.
