Norwegian startup raises $6M to fix this sneaky source of energy waste
By
Maria Gallucci
13d agoen
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Canary MediaNorwegian startup raises $6M to fix this sneaky source of energy wastecanarymedia.comMikal Løvik began his career in Norway’s offshore oil and gas industry, where he noticed a big but largely hidden source of energy waste: electric heating cables. Service vessels and drilling rigs used the cables to prevent equipment from freezing, but they always ran on full blast, even when it wasn’t necessary to…
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