Q Energy was founded by Dr. Li Yao and Vijay Natarajan, two visionary individuals driven by a shared mission to revolutionise the energy industry through the power of IoT and AI technologies. With a combined experience of nearly four years at Sparta Digital, an IoT solutions company in Manchester, Dr. Li Yao, as an investor and CTO, and Vijay Natarajan, as the marketing director, successfully built a thriving business. However, they felt compelled to create a specialised product within the energy sector, capitalising on their extensive knowledge and industry connections in the UK, EU, and Chinese markets.
At Q Energy, we recognise the pressing challenges faced by the energy industry, particularly in the UK. Presently, a mere 45% of the electricity bill in the UK can be attributed to actual energy costs, while the remainder consists of various charges associated with energy usage and government levies aimed at maintaining network stability. As the country endeavors to meet its decarbonisation targets, these challenges are expected to escalate, further compounded by the growth of renewables, electric vehicles, and electric heating. This multifaceted issue is not unique to the UK but is being actively addressed by countries worldwide, including the US, UK, Australia, and several nations in Western Europe.
Q Energy is dedicated to leveraging the potential of IoT and AI to tackle these complexities head-on. We aim to develop innovative solutions that optimise energy usage, facilitate the seamless integration of renewables, and empower consumers with greater control and transparency over their energy consumption. By harnessing the latest advancements in technology and drawing on our deep industry expertise, we are committed to driving the acceleration of renewable energy adoption and shaping a sustainable future for the energy sector.
Join us on our journey as we transform the energy industry, one innovation at a time. Together, we can build a greener, more efficient, and resilient energy ecosystem for generations to come.