RACE for 2030
- Company typePrivate
- Founded2020
- HeadquartersSydney, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What RACE for 2030 does
RACE for 2030 (Reliable Affordable Clean Energy for 2030) is an industry-led Cooperative Research Centre established in 2020 and hosted at the University of Technology Sydney. It convenes Australian industry, government, research institutions, and consumer organisations to coordinate collaborative research, trials, and tools across five thematic programs: RACE for Business, RACE for Homes, RACE for Networks, RACE for EVs, and RACE for Change. Its research focus areas include consumer energy resources (rooftop solar, batteries, EVs), network transformation, residential energy efficiency, demand flexibility, and energy workforce planning.
The centre operates a portfolio of applied research projects and digital platforms, including the Scenarios for Future Living initiative (combining household case studies, monitoring equipment, and advanced modelling), the Energy Upgrades for Australian Homes online platform (providing tools for local governments and community organisations), the Australian Strategic Electric Vehicle Integration (SEVI) project, the Vehicle-Grid Network, the Pathways to Net Zero Precincts project, and the Industrial Regions Network. It also convenes knowledge-sharing forums such as the Consumer Grid Summit and Grid Transformation Masterclasses, and runs an Industry PhD Program. Its underlying technical approach is people-centred scenario modelling, behavioural and social research, and applied demonstration projects rather than proprietary software development.
RACE for 2030 does not generate commercial product revenue. Its funding model is a 10-year, up to $350 million collaboration of Australian industry, researchers, and the Commonwealth Government, channelled through co-investment partnerships, federal and state government contributions (including ARENA grants), and in-kind support from research and industry partners. Revenue is recognised as professional services income from these co-funded research programs. Its go-to-market is B2B and research-led, engaging electricity network operators, energy retailers, technology companies, federal and state government departments, regulators (AEMC, AEMO, AER), consumer advocacy groups, and universities through partnership agreements rather than transactional sales.
RACE for 2030 firmographics
Firmographics- Name
- RACE for 2030
- Legal name
- RACE for 2030
- Website
- https://racefor2030.com.au
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
RACE for 2030 industry classification
Industry- Product category
- Clean Energy Research Services
- NAICS
- Research and Development in the Physical, Engineering, and Life Sciences (54171), Research and Development in the Social Sciences and Humanities (54172)
- akta.pro primary industry
- Transition Plan Development & Implementation Roadmapping (EUABAKAB)
- akta.pro secondary industries
- Climate Change Mitigation, Adaptation & Resilience Programs (BPAIAMAD), Environment, Climate & Sustainability Congresses (THAHAJAH)
Keywords
Where RACE for 2030 is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
RACE for 2030 business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Cooperative Research Centre Funding: RACE for 2030 is funded through a 10-year, $350 million collaboration of Australian industry and researchers supported by the Commonwealth Government. Revenue is derived from co-investment partnerships with industry, federal and state government contributions, and in-kind support from research and industry partners.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
RACE for 2030 product offering
Product offeringCore offering
RACE for 2030 is an industry-led cooperative research centre that brings together industry, government, and research partners to fund and coordinate collaborative research, large-scale trials, data and tools that accelerate the clean energy transition. Its work spans energy efficiency, flexible demand, electric vehicles, network transformation, and broader decarbonisation pathways across Australian homes, businesses and the grid.
Product overview
RACE for 2030 is a cooperative research centre (not a traditional product company) that organizes its activities across five research programs: RACE for Business, RACE for Homes, RACE for Networks, RACE for EVs, and RACE for Change. These programs conduct applied research on clean energy transition topics including residential energy efficiency, electric vehicle integration, network transformation, and workforce development. Key platforms include the Energy Upgrades for Australian Homes digital platform for community energy upgrade delivery, and the Scenarios for Future Living research initiative. The organization also convenes events including the Consumer Grid Summit and Grid Transformation Masterclasses.
Differentiator
Problem solved
Functional benefit
Brands
- RACE for Business: Research program focused on business energy solutions and decarbonisation
- RACE for Homes
- RACE for Networks
- RACE for EVs
- RACE for Change
Products and services
- RACE for Business A research program focused on helping Australian businesses decarbonise and adopt clean energy solutions through evidence-based research and trials. Targets commercial and industrial energy users and their advisors.
- RACE for Homes A research program developing tools, data and trials to accelerate residential energy efficiency upgrades and the adoption of clean energy technologies in Australian homes. Targets the residential sector and the trades, suppliers and consumers who serve it.
- RACE for Networks A research program investigating the transformation of electricity networks to support high penetrations of distributed energy resources, EVs and flexible demand. Targets energy networks, market operators, regulators and technology providers.
- RACE for EVs A research program examining the integration of electric vehicles into the energy system, including charging behaviour, grid impacts and vehicle-to-grid potential. Targets the transport, energy and automotive sectors.
- RACE for Change A research program focused on the social, behavioural, policy and workforce dimensions of the clean energy transition. Targets policymakers, community groups, consumer advocates and industry change leaders.
Quantifiable outcome
- Better coordination of rooftop solar, batteries, and V2G resources could reduce electricity system costs by more than $7 billion by 2050
- +3 more outcomes
Companies that use RACE for 2030
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles5 records
RACE for 2030 technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
RACE for 2030 partnerships and signals
Strategic signalPartnerships
35 partnerships are on record, tiered core and minor.
- University of Technology Sydney (UTS)coreUTS is the host institution for RACE for 2030, with its Institute for Sustainable Futures serving as a key research partner across multiple programs including Scenarios for Future Living, the Vehicle-Grid Network, and workforce planning research.
- Monash UniversitycoreMonash University is a lead research partner, contributing Chief Investigators (Professors Yolande Strengers, Iain MacGill, Kari Dahlgren) to the Scenarios for Future Living project. Monash's Digital Energy Futures research underpins RACE for 2030's consumer-centred energy forecasting.
- University of New South Wales (UNSW)coreUNSW is a key research partner, with Professor Iain MacGill serving as Chief Investigator on Scenarios for Future Living. UNSW Energy Institute CEO Dani Alexander participates in Consumer Grid Summit.
- Curtin UniversitycoreCurtin University leads the Australian Strategic Electric Vehicle Integration Project (SEVI) and the Pathways to Net Zero Precincts project, with Professor Josh Byrne and Professor Peter Newman as project co-leaders.
- CSIROcoreCSIRO is a key research partner across multiple projects including Scenarios for Future Living, DIEF Smart Buildings ($11M pilot with 200 buildings), and SEVI EV integration. CSIRO's Smart Energy Mission and National Energy Analysis Centre are integrated into RACE for 2030 research.
- Climate-KIC AustraliacoreClimate-KIC Australia co-leads the national Vehicle-Grid Network with UTS and coordinates the Energy Upgrades for Australian Homes (EUAH) project. It also co-convenes the Industrial Regions Network collaborative initiative.
- AusgridcoreAusgrid is an industry partner in Scenarios for Future Living and SEVI EV integration project, contributing electricity network perspective and co-investment to research programs.
- CitiPower / Powercor / United EnergycoreVictoria's electricity distribution networks are industry partners in Scenarios for Future Living, providing network operational insights and co-investment to consumer energy resource research.
- SA Power NetworkscoreSA Power Networks is a partner in SEVI EV integration project, having enabled South Australia to become the first jurisdiction allowing V2G transfer from May 2024 with Mitsubishi Outlander PHEV owners.
- Coliban WatercoreColiban Water is a case study partner in the Energy Flexibility for Water Corporations project, aiming to achieve net zero carbon emissions by 2030.
- Sydney WatercoreSydney Water is a partner in the Energy Flexibility for Water Corporations project, investigating demand management and energy trading strategies supporting renewable adoption.
- RMIT UniversitycoreRMIT leads the Energy Flexibility for Water Corporations project as research lead (Rebecca Yang), and is also involved in the Energy Upgrades for Australian Homes project.
- Monash Sustainable Development Institute (MSDI)coreMSDI leads the Energy Upgrades for Australian Homes project, with Deputy Director Rob Raven overseeing the initiative that aims to enable energy upgrades for 1 million Australian homes by 2030.
- NSW Department of Climate Change, Energy, the Environment and Water (DCCEEW)coreNSW DCCEEW is a partner in Scenarios for Future Living and co-invests in research on connected energy insights and consumer energy strategy.
- Department of Energy, Environment and Climate Action (Victoria) (DEECA)coreVictoria's DEECA is a partner in Scenarios for Future Living, contributing state government perspective to consumer energy resource and grid transition research.
- Red EnergycoreRed Energy is an industry partner in Scenarios for Future Living, contributing energy retailer perspective to consumer research and grid transition planning.
- Witchcliffe EcovillageminorPartner in SEVI EV integration project, providing a community-scale demonstration context for EV integration research.
- Energy Efficiency Council (EEC)coreEEC collaborated on energy governance research (Power Dynamics White Paper), energy workforce reporting, and participates in Consumer Grid Summit. EEC Head of Projects Holly Taylor contributed to AEER definitions report.
- Griffith UniversityminorResearch partner in SEVI EV integration project and Pathways to Net Zero Precincts, contributing interdisciplinary energy research expertise.
- University of South AustraliaminorResearch partner in SEVI EV integration project, contributing to electric vehicle integration research across SA and national contexts.
- Knauf InsulationminorIndustry partner in Energy Upgrades for Australian Homes project, providing building materials and insulation expertise for residential energy efficiency research.
- Griffith UniversityminorResearch partner in SEVI EV integration project, contributing interdisciplinary energy research expertise.
- Australian Power InstituteminorPartner in SEVI EV integration project, providing power sector expertise and workforce development perspective to EV-grid integration research.
- Food Agility CRCcoreFood Agility CRC co-launched the Australian Agri-Renewables Innovation Challenge with Charles Sturt University and RACE for 2030, offering investment to fast-track agri-renewable technologies.
- Charles Sturt UniversitycoreCharles Sturt University co-launched the Australian Agri-Renewables Innovation Challenge, providing the Renewables in Agriculture Centre of Excellence and Global Digital Farm for demonstrating and validating challenger innovations. It provides one-third co-investment from a $2 million pool.
- NSW Office of Environment and Climate ChangeminorGovernment partner in Energy Upgrades for Australian Homes project, contributing policy perspective and co-investment to residential energy efficiency research.
- SA Department of Energy and MiningminorGovernment partner in Energy Upgrades for Australian Homes project, contributing South Australian context and co-investment to residential energy efficiency research.
- MirvacminorPartner in Harbourside project (with UTS), a luxury residential development incorporating unprecedented levels of plant cover, providing a testbed for quantifying ecosystem services in urban redevelopment.
- DevelopmentWAminorPartner in Pathways to Net Zero Precincts project, providing government development authority perspective to precinct-level decarbonisation research.
- HesperiaminorPartner in Pathways to Net Zero Precincts project, contributing property development and precinct planning expertise.
- Australian Sustainable Built Environment National Research Centre (SBEnrc)minorPartner in Pathways to Net Zero Precincts project, contributing built environment research expertise.
- Adelaide University (formerly University of South Australia)minorLeads the APY Lands Energy Efficiency Retrofit Pilot and the SolaTank heat pump water heater development project, contributing to energy upgrades for Australian homes research.
- Queensland University of Technology (QUT)minorResearch partner in Energy Upgrades for Australian Homes project, contributing built environment and energy efficiency research expertise.
- BehaviourWorks AustraliaminorResearch partner in Energy Upgrades for Australian Homes project, contributing behavioural change expertise for residential energy upgrade adoption.
- EnosiminorPartner in 24/7 TRUZERO report, demonstrated renewables matching and tracking in Power Purchase Agreements for case studies on time-matched renewable energy procurement.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
RACE for 2030 competitors and assessment
Company assessmentDirect peers
- Electric Power Research Institute (EPRI): Global, member-funded energy R&D consortium that conducts collaborative research across generation, transmission, distribution, and end-use. Functionally analogous to RACE for 2030 as a utility-industry-co-funded research platform that produces scenario modelling, roadmaps, and demonstration projects.
- Climateworks Centre: Australia-based independent research centre that develops climate and energy transition pathways, decarbonisation scenarios, and policy analysis. Comparable to RACE for 2030 in its Australia-wide scoping, systems-level focus, and convening of government, industry, and research stakeholders around transition roadmaps.
- Net Zero Australia: University of Melbourne-led initiative producing modelling and pathways for Australia's net-zero transition. Closely comparable to RACE for 2030's scenario-modelling work (e.g., Scenarios for Future Living) and its Australia-wide, cross-sectoral approach to energy transition research.
- UK Energy Research Centre (UKERC): UK research hub bringing together universities, government, and industry to address energy system challenges through interdisciplinary research. Closest international peer to RACE for 2030 in mission (whole-system energy transition research) and structure (multi-institution consortium convening diverse stakeholders).
- Blue Economy Cooperative Research Centre: Industry-led Australian CRC operating under the same federal programme structure as RACE for 2030, with multi-stakeholder governance, university partnerships, and long-term co-investment model. A direct institutional peer in how Australian research consortia are funded, governed, and operated.
- Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC): Australian industry-led CRC focused on decarbonising hard-to-abate sectors, funded through the same Commonwealth CRC programme as RACE for 2030. Closest structural peer: shares the CRC funding model, multi-stakeholder consortium structure, and applied research mandate, though oriented to heavy industry rather than consumer/grid.
Broad incumbents
- CSIRO Energy: Australia's national science agency and an active RACE for 2030 research partner across multiple programs (Scenarios for Future Living, DIEF Smart Buildings, SEVI). Comparable in applied energy R&D breadth but operates as a much larger government-backed institution with national-mission scope.
- National Renewable Energy Laboratory (NREL): U.S. Department of Energy national laboratory delivering applied renewable energy and grid integration research at substantially greater scale. Comparable in research focus areas (distributed energy resources, V2G, building efficiency) but as a publicly funded national lab rather than an industry-led CRC.
- ARENA (Australian Renewable Energy Agency): Australian Government agency that funds renewable energy innovation and is also a current RACE for 2030 funding partner (AUD 21M Driving the Nation programme, including AUD 1.1M to RACE's Vehicle-Grid Network). Operates as a much larger funder across the broader renewable energy R&D landscape rather than as an applied research centre.
Others
- Smart Energy Council: Australian peak industry body representing renewable energy and storage businesses. Ecosystem participant rather than direct research peer, but engages with overlapping industry partners, runs events (e.g., All-Energy Conference where RACE has launched projects), and contributes to the same policy conversations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
RACE for 2030 social profiles
Digital presenceRACE for 2030 financial estimates
Financial estimateRevenue estimate
Valuation estimate
RACE for 2030 leadership team
Management profileNumber of profiles
Profiles4 records
RACE for 2030 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RACE for 2030 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RACE for 2030
What does RACE for 2030 do?
RACE for 2030 is an industry-led cooperative research centre that brings together industry, government, and research partners to fund and coordinate collaborative research, large-scale trials, data and tools that accelerate the clean energy transition. Its work spans energy efficiency, flexible demand, electric vehicles, network transformation, and broader decarbonisation pathways across Australian homes, businesses and the grid.
Is RACE for 2030 a public or private company?
RACE for 2030 is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was RACE for 2030 founded?
RACE for 2030 was founded in 2020. It employs 11 to 50 people.
Where is RACE for 2030 based?
RACE for 2030 is headquartered in Sydney, Australia, in the Oceania region.
How does RACE for 2030 make money?
One revenue line is on record: cooperative Research Centre Funding.
Who are RACE for 2030's main competitors?
Direct peers on record are Electric Power Research Institute (EPRI), Climateworks Centre, Net Zero Australia, UK Energy Research Centre (UKERC), Blue Economy Cooperative Research Centre and Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC). Broad incumbents are CSIRO Energy, National Renewable Energy Laboratory (NREL) and ARENA (Australian Renewable Energy Agency). Smart Energy Council is listed as an others.
Does RACE for 2030 have an API?
No public API is recorded for RACE for 2030.
What industry is RACE for 2030 in?
RACE for 2030's product category is Clean Energy Research Services. Its primary akta.pro industry code is EUABAKAB, Transition Plan Development & Implementation Roadmapping, with a secondary code of BPAIAMAD, Climate Change Mitigation, Adaptation & Resilience Programs. Its NAICS code is 54171.