Showing posts with label different. Show all posts
Showing posts with label different. Show all posts

Innovate or Die: The Next Big Trend in Sustainability

Innovative approaches to sustainability are rapidly becoming the next frontier of corporate differentiation. Being more innovative is not only essential to improve the bottom line, it is also a pathway to growth.

The combination of rapid technological change and slow economic growth are driving innovation. At the macroeconomic level innovation is essential to profitability and economic growth, at the level of the individual organization, innovation is increasingly a key success factor.

Innovation is an imperative for companies looking to do more with less. It is becoming increasingly clear that we can reduce emissions and tackle climate change. However, innovation is absolutely necessary if we are to expedite emissions reductions. Reducing carbon emissions makes good business sense and innovations that respond to the market demands of the low carbon economy are destined to prosper.

There is a large and growing pool of data that supports the contention that with the help of innovative new technologies sustainability affords good business opportunities. This view was corroborated by an October 2014 analysis from the World Resources Institute (WRI). According to the WRI report titled Seeing Is Believing: Creating a New Climate Economy in the United States, emerging technologies could help the US achieve deeper reductions even faster with targeted policy support.

According to a PricewaterhouseCoopers (PWC) report titled Breakthrough Innovation and Growth, executives are looking to innovation to drive growth. The report surveyed 1757 corporate executives in 25 countries and found that 93 percent of executives are looking to innovation to drive growth.

One of the most interesting findings is that while organizations want innovation they do not know how to get it. A total of 81 percent of respondents indicated that they do not believe their organizations know how to lead innovation.

Companies are not living as long as they used to and innovation is one of the primary ways they can lengthen their life span.

To succeed in today's marketplace companies need to engage innovation in a methodical fashion. This entails developing well thought out and fully integrated plans for innovation. This goes far beyond generating a good idea and extends into detailed strategies for implementation.

The corporate world is adopting sustainability as a strategic imperative that is being dictated by the market. However, it is no longer enough that businesses simply engage sustainability, they are now faced with increasingly powerful pressures that are driving them to innovate as a matter of survival.

Related
Sustainability Drives Innovation and Generates Returns
Innovations in Sustainability Can Meet the Climate Challenges We Face
Creative Innovation in Sustainability
Sustainability Drives Innovation and Generates Returns
Sustainability is a Catalyst for Innovation
Innovation in the Low Carbon Energy Economy
Innovation is Key for Sustainability According to Tomorrow’s Value Rating
Video: Innovation is the Solution to Climate Change
Video: Sustainability and Innovation

Examples of Renewable Energy Innovations in 2013

Renewable energy is one of the fastest growing and most interesting areas of innovation. The number of patents issued for renewable-energy technologies has risen sharply over the last decade. The number and size of investments in research and development, as well as in the growth of markets for these products is driving innovation. Here are some examples of renewable energy innovation from 2013.

Pyroelectricity

A new type of electronic circuit was developed in 2013 that may help to improve the performance of solar panels. Typically cooler, slower, mellower electrons don't have enough energy to produce a usable electric current. Ultrasolar has developed an electronic circuit (ideally built into an inverter) that passes a very high frequency signal backwards through the DC wires into the solar module and cells. The slower electrons catch these waves and are turned into hot and fast electrons for long enough to escape the crystal matrix and generate a useful current. This could lead to inverter efficiencies of over 100 percent.

Conversion Efficiency Record for Thin Solar Cells

In 2013 a new record was set for the conversion of sunlight into energy. Typically the numbers for thin film solar run between 18.7 percent and 24 percent, but Alta Devices, a Silicon Valley solar manufacturer, set a new record of 30.8 percent conversion efficiency. The downside is that it costs more, the upside is that the new solar cell can generate more electricity from a smaller surface area. This could prove to be a useful technology for portable devices.

Robots and Solar Panels

Robots are far more efficient than people at doing repetitive tasks that require a high level of precision. Solar panel installing and cleaning robots can be an ideal application for massive solar power farms which will both reduce costs and increase efficiency. A pair of robot workers named Rover and Spot, both from Alion Energy, have begun installing and cleaning solar panels in 2013.

Providing Power When There is No Sun

A new technological innovation in solar energy can help to produce solar power even when there is no sun. In October a new innovation at Solana's 280 megawatt (MW) solar plant demonstrated how a ‘salt battery’ can keep generating electricity even when there is no sun. This is the first of its kind thermal energy storage system in the US partners with the world's largest parabolic trough mirrors to concentrate solar energy. This project was realized with the help of the Department of Energy’s loan program.

Providing Power When there is No Wind

There has been a breakthrough in wind turbine technology that addresses the issue of intermittent wind. In May 2013 GE released wind turbine innovations that predict wind availability and gauge power needs so that wind turbines can be optimally positioned. Batteries built into the turbine store power which can be used when there is no wind.

Offshore Wind Turbines Using Concrete Spheres

A new approach to energy storage for offshore wind turbines was developed by researchers at MIT in 2013. This innovation is ideal for producing electricity when there is little or no wind. This concept employs huge concrete spheres which would anchor wind turbines to the sea floor. When a wind turbine produces more energy than is needed, power would be diverted to drive a pump attached to the underwater structure, pumping seawater from a 30-meter-diameter hollow sphere. Then when there is no wind the water would flow back into the sphere through a turbine attached to a generator, producing energy.

Floating Offshore Wind Turbines

Typically offshore wind turbines cannot be located in waters more than 60 meters deep but a new floating wind turbine design from Norwegian-based oil and gas company Statoil, can be put in water up to 700 meters deep. In 2013 they began work on the world's largest hub of floating wind turbines off the coast of Scotland. This new innovation significantly increases the size of areas where wind turbines can operate. Two additional floating turbines are also planned off the coast of Fukushima, Japan, along with the world’s first floating electrical substation.

Harnessing the Power of Waves to Produce Energy

Although the technology has been around for a while, in 2013 the United States began generating electricity from its first commercial, grid-connected underwater tidal turbine off the coast of Maine. The company behind the Ocean Renewable Power Company (ORPC) has invested more than $21 million into the project. A March environmental assessment found no detrimental impact on the marine environment. Along with the US Department of Energy, two more devices are planned for 2014. In November, ORPC was chosen to manage a wave-energy conversion project in remote Yakutat, Alaska.

Harnessing the Power of Waves to Produce Fresh Water

A new desalination plant near Perth, Australia, is currently being developed will draw energy from the power of ocean waves. Carnegie Wave Energy’s plant will use the company’s underwater buoy technology to harness ocean wave force to pressurize the water, eliminating the need for fossil-fuel-powered electric pumps. This will be the first carbon-free desalination plant. It is both efficient and low costs. The plant will supply 55 billion litters of fresh drinking water per year.

Better Battery Technology

A new battery is being produced that is safer, lighter and stores more power. These factor are of major importance for the widespread proliferation of electric vehicles (EVs). The current generation of batteries have limited charge capacities and this severly restricts the distances that they can travel. This is known as range anxiety and it is a major obstacle inhibiting the widespread adoption of EVs. The new lithium ion technology out of Oak Ridge National Laboratory uses nanotechnology. They have also combined the approach with lithium-sulfur battery technology, which could further enhance cost-effectiveness.

Datacenters Using DC Instead of AC

Direct current (DC) has advantages over the dominant source of electricity which is known as alternating current (AC). DC is cheaper, more efficient and works better with renewable energy sources like wind and solar. It does not require adaptors that waste energy and heat. Facebook, JPMorgan, Sprint, Boeing, and Bank of America have all built datacenters that rely on DC power which are 20 percent more efficient, cost 30 percent less, and require 25 to 40 percent less floorspace.

Homes Using DC Instead of AC

Residences will soon new USB technology that can deliver 100 watts of power. This is ideal for low voltage personal electronics, and it will save homes energy while providing cost savings.

Energy from Plant Waste

The US is gearing up to produce energy from plant waste. Two cellulosic biofuel plants came online in 2013 and two more began construction. INOES Bio’s cellulosic ethanol plant in Florida and KiOR’s cellulosic plant in Mississippi began commercial production last year. Other cellulosic plants began construction in 2013 including one for Iowa and another in Kansas. With these four plants in operation, the 2014 cellulosic fuel mandates of 17 million gallons will be easily surpassed.

© 2014, Richard Matthews. All rights reserved.

creative, novel, dynamic, technology, technological, interesting, new, unique, different, departure, development, building, approaches, ways,

Related Articles
Businesses Innovative and Diverse Recycling Efforts
Innovation is Key for Sustainability According to Tomorrow’s Value Rating 2013
Innovation in the Low Carbon Energy Economy
Top Climate Innovators
Video: Innovation is the Solution to Climate Change
Video: Sustainability and Innovation
Innovation is the Future of Canadian Cleantech
An Integrative Approach to Eco-Innovation
An Open Model of Innovation
Innovation and the Development of
Sustainability is a Catalyst for Innovation
10 Steps to Sustainability-Driven Innovation
China's Green Innovation
France's Innovation in Renewable Energy
Xerox's Green Innovation
Interface's Award Winning Sustainable Product Innovation
HP's Sustainable Innovation
PUMA's Sustainable Packaging
Sustainable Brands Innovation Open Finalists
Ford's Flower Powered Green Innovation
Best Green Tech Innovations of 2010

Event - INNOVA-CON 2014 Conference

INNOVA-CON 2014 will take place on January 14-15, 2014 in Brooklyn, New York. The first conference by the International Association of Innovation Professionals (IAOIP) featuring world-class innovation experts. The INNOVA-CON is a great opportunity to meet in person and connect with luminaries in the innovation profession. Content will focus on how to use strategies and methods of innovation to create value.

IAOIP is a professional membership organization that is the world's only independent innovation certification body, providing members with the knowledge, skills and opportunities to deliver real change in their industry or field.

IAOIP certified innovation professionals are equipped with the appropriate tools to make a strategic difference by becoming an active participant in innovation teams at all levels of their organization through knowledge exchange, research, conferences, training and publications.

With individual, corporate, public and non-profit members around the world, IAOIP is the leading international membership-based organization dedicated to the professional development of individuals working in the field of innovation.

Their mission is to organize and advance innovation through the development of a catalog of innovation skills and capabilities as well as certifications to demonstrate mastery of that "Body of Knowledge." Working groups are organized to create the base and advanced innovation certification requirements and assure our certified members and organizations are global leaders in practicing and managing innovation

Subjects and Speakers

Process, Practice and innovation - Michael Grieves
Research Professor, Florida Institute of Technology

The History of Innovation - H. James Harrington
CEO, Harrington Institute

Predictable Innovation: From "fail fast" to "succeed Sooner" - Michael Raynor
Managing Director, Global Innovation Practice, Deloitte

Business model innovation - Saul Kaplan
Founder and Chief Catalyst, The Business Innovation Factory

Innovation in biopharma - Marco Mancini
Director of Continuous Improvement and Innovation, Bristol-Myers Squibb

Outcome driven innovation - Tony Ulwick
CEO, Strategyn

Design as a catalyst for innovation - Michael Westcott
President, Design Management Institute

Practical innovation: paths for post financial crisis players - Margaret Weichert
National Lead/Payments Practice, Ernst & Young Advisory

Using idea operators to create new and improved ideas - Victor Tang
Consultant, Chairman, I3nsight

Journey to Certification - Abe Walton
Associate Professor, Management and Technology, Florida Institute of Technology

Innovation is Science - Joe Nadan
Professor, Management of Technology and Business Innovation

The Innovation Infrastructure - Brett Trusko
NYU Polytechnic School of Engineering

Innovating to Serve the UnderBanked in Financial Services - Arlyn Davich & Kirsten Trusko
Founder and CEO, PayPerks Executive Director, Network Branded Prepaid Card Association

how lego rewrote the rules of innovation and conquered the toy industry - David Robertson
Professor of Practice at the Wharton School at the University of Pennsylvania​

Implementing Idea Management Systems: harnessing the collective genius of your enterprise - Laszlo Gyorffy Enterprise Development Group

emerging technologies that are helping to define a formal science of innovation - Eric Little
Vice President and Chief Scientist, Modus Operandi

Mind Genomics: Innovating using the cartography of the mind - Howard R. Moskowitz
President, Moskowitz Jacobs, Inc.

To register click here.

Related Articles
Businesses Innovative and Diverse Recycling Efforts
Innovation is Key for Sustainability According to Tomorrow’s Value Rating 2013
Innovation in the Low Carbon Energy Economy
Top Climate Innovators
Video: Innovation is the Solution to Climate Change
Video: Sustainability and Innovation
Innovation is the Future of Canadian Cleantech
An Integrative Approach to Eco-Innovation
An Open Model of Innovation
Innovation and the Development of
Sustainability is a Catalyst for Innovation
10 Steps to Sustainability-Driven Innovation
China's Green Innovation
France's Innovation in Renewable Energy
Xerox's Green Innovation
Interface's Award Winning Sustainable Product Innovation
HP's Sustainable Innovation
Sustainable Brands Innovation Open Finalists
Ford's Flower Powered Green Innovation
Best Green Tech Innovations of 2010

Event - Cradle to Cradle Products Innovation Celebration

This event will take place on Friday, November 15, 2013 at
IAC HQ, 555 West 18th Street, NYC. Cradle to Cradle Products Innovation Celebration in New York City will honor C2C leaders and present the winners of the Cradle to Cradle Product Innovation Challenge, sponsored by the Schmidt Family Foundation and the Dutch Postcode Lottery, with a shared cash prize of $250,000.
Aveda, Method, PUMA, Shaw, Steelcase among Innovators to be Honored.

Across the globe more than 200 companies are transforming product design and leading a new, green industrial revolution. Come see their product innovations first hand.

Cradle to Cradle Products Innovation Institute (C2C) is celebrating manufacturers of everything from clothing and furniture to carpets and cleaning products who have committed to “remake the way they make things” - transforming product design and leading a new industrial revolution. Following the lead of the green building industry, manufacturers from fashion, beauty, home and lifestyle brands are striving to make every product that touches our lives adhere to the highest standards of environmental and human safety.

A total of 200 companies have already chosen to improve their products by reducing toxins, increasing reusability of materials and creating a healthier world. Together they are innovating products ranging from mushroom packaging that replaces polystyrene foam to house paint and plaster that prohibits mold-inducing bacteria and promotes cleaner air in your home.

Bridgett Luther, president of Cradle to Cradle Innovation Institute will give a C2C innovation briefing and first look at Cradle to Cradle products from companies including Aveda, BellaDura, bioMason, Ecovative, ECOR, Designtex, Herman Miller, IceStone, MechoSystem, Method, ROMA, PUMA, Shaw Industries and Steelcase.

Cradle to Cradle Products Innovation Institute was co-founded in 2010 by William McDonough and Michael Braungart with support from Robert F. Kennedy, Jr., Wendy Schmidt and Brad Pitt. The Cradle to Cradle Production Innovation Institute is an international non-profit organization created to administer the Cradle to Cradle Certified Products Standard, a continual quality improvement system for transforming the making of things into a positive force for society, economy, and the planet. c2ccertified.org.

If you are unable to attend, but would still like information about the C2C Innovation Institute or the winners of the 2013 C2C Product Innovation Prize, please contact Sarah Gentsch at sarah@cwandco.com or (212) 379-4024 x 104.

Related Articles
Innovation is Key for Sustainability According to Tomorrow’s Value Rating 2013
Innovation in the Low Carbon Energy Economy
Top Climate Innovators
Video: Innovation is the Solution to Climate Change
Video: Sustainability and Innovation
Innovation is the Future of Canadian Cleantech
An Integrative Approach to Eco-Innovation
An Open Model of Innovation
Innovation and the Development of
Sustainability is a Catalyst for Innovation
10 Steps to Sustainability-Driven Innovation
China's Green Innovation
France's Innovation in Renewable Energy
Xerox's Green Innovation
Interface's Award Winning Sustainable Product Innovation
HP's Sustainable Innovation
PUMA's Sustainable Packaging
Sustainable Brands Innovation Open Finalists
Ford's Flower Powered Green Innovation
Best Green Tech Innovations of 2010

Innovation is Key for Sustainability: Best Companies are Getting Better According to Tomorrow’s Value Rating 2013

Sustainability strategy company Two Tomorrows', tenth Tomorrow’s Value Rating 2013 (TVR), shows that the best companies are getting better. The rankings recognize companies that increasingly demonstrate “clarity of vision and innovation in their pursuit of a sustainable business model,” that is likely to likely to drive sustainable value in the future. This rating assesses the performance of the 50 companies in the Dow Jones Sustainability Index (DJSI).

In order of their performance here are the top ten.

1. Unilever
2. KT
3. Nestlé
4. Sprint
5. Vodafone
6. Iberdrola
7. E.ON
8. BMW
9. Ford
10.Deutsche Telekom

According to this report there has been considerable improvement since 2010. The average of the top 10 has improved by 27 percent in the last few years (55 percent in 2010, 83 percent in 2013). The average scores for all the rated companies has remained about the same, and the gap has gotten bigger between the best and the worst.

Here are some of the key qualities singled out by the TVR report
  • Vision and innovation
  • Partnerships and collaborations
  • A structured innovation process based on clear sustainability criteria
  • Incorporation of stakeholder views in decision making
  • Adapt to risk management systems including long-term risks
  • Awareness of and responsiveness to human rights
Some up-and-comers recognized in the report include China Mobile and Telenor

If the report can be reduced to one short phrase it would be that, Innovation is key not only to get on the list but to remain on top.

© 2013, Richard Matthews. All rights reserved.

Related Articles
Innovation in the Low Carbon Energy Economy
Top Climate Innovators
Video: Innovation is the Solution to Climate Change
Video: Sustainability and Innovation
Innovation is the Future of Canadian Cleantech
An Integrative Approach to Eco-Innovation
An Open Model of Innovation
Innovation and the Development of
Sustainability is a Catalyst for Innovation
10 Steps to Sustainability-Driven Innovation
China's Green Innovation
France's Innovation in Renewable Energy

Event - Nexus Conference: Innovative and Sustainable Solutions

The Nexus Conference, will take place March 4-7, 2014, in Chapel Hill, NC, USA. This event will bring together leaders in business, government, NGOs and research to discuss innovative and sustainable solutions that address the intersection of the world’s water, food, and energy needs and uses in a changing climate. The Nexus approach requires systemic thinking and a quest for integrated solutions to guide our decision-making about resource use and development and move to a more sustainable planet.

Click here for a summary of the plenary themes for the Nexus 2014 Conference.

Related Articles
Innovation in the Low Carbon Energy Economy Top Climate Innovators
Video: Innovation is the Solution to Climate Change
Video: Sustainability and Innovation
Innovation is the Future of Canadian Cleantech
An Integrative Approach to Eco-Innovation
An Open Model of Innovation
Innovation and the Development of
Sustainability is a Catalyst for Innovation
10 Steps to Sustainability-Driven Innovation
China's Green Innovation
France's Innovation in Renewable Energy
Xerox's Green Innovation
Interface's Award Winning Sustainable Product Innovation
HP's Sustainable Innovation
PUMA's Sustainable Packaging
Sustainable Brands Innovation Open Finalists
Ford's Flower Powered Green Innovation
Best Green Tech Innovations of 2010

Event - Inspiration 2013

Inspiration 2013 will take place on the 31st of October at the Royal Geographic Society, London, UK. Inspiration is about what we've deemed the life cycle of ideas, from having an idea, testing it, shaping it and delivering it as a successful commercial venture. The event is premised on the notion that ideas and innovation can make the difference between success and failure in uncertain times.

Inspiration is being run in a similar format to TED talks with each of our prestigious speakers talking for 20 minutes about what inspires them. The line up we've pulled together is incredible.
  • Brian Cannon (Award winning designer famed for the record covers of The Verve, Oasis, Ash... most of the Brit Pop bands of the 90's)
  • Gav Thompson, Founder Giff Gaff
  • Urvi Bhandari, Innovation Director, Lifestyle Industries, AT&T
  • Matthew Patten, CEO, The Mayor’s Fund For London (Former Chairman M&C Saatchi Sponsorship)
  • David Marks, Managing Director, Marks Barfield (Set up the London Eye Company, built the London Eye the No.1 tourist attraction in the UK)
  • Eva Appelbaum, Head of Digital Marketing Transformation, BBC
  • Justin Cooke, CEO, WPP's Possible and Chairman of the British Interactive Media Association
  • Nils Anden, CMO, Unibet
  • Eva Pascoe, Chairman, Cybersalon (Set up the first internet cafe in the world Cyberia and launched the first fashion shopping portal)
  • Dave Birss, Founder, Additive (Formerly Creative Director, Poke, Ogilvy and MRM Worldwide)
  • and many more.....
If these people sound like they are going to inspire you and leave you buzzing with great ideas, added confidence and a better understanding of how to make them work then I think you'd be correct.

Tickets are being sold in tranches that are increasing in cost leading up to the event. Get your ticket now for the bargain price of only £99 + VAT before the price rises.

For more information or to register click here.

Related Articles
Top Climate Innovators
Video: Innovation is the Solution to Climate Change
Video: Sustainability and Innovation
Innovation is the Future of Canadian Cleantech
An Integrative Approach to Eco-Innovation
An Open Model of Innovation
Innovation and the Development of
Sustainability is a Catalyst for Innovation
10 Steps to Sustainability-Driven Innovation
China's Green Innovation
France's Innovation in Renewable Energy
Xerox's Green Innovation
Interface's Award Winning Sustainable Product Innovation
HP's Sustainable Innovation
PUMA's Sustainable Packaging
Sustainable Brands Innovation Open Finalists
Ford's Flower Powered Green Innovation
Best Green Tech Innovations of 2010