Sponsored

How EarlyBirds’ OSINT and open innovation ecosystem platform help with carbon capture innovations - Kalkine Media

December 21, 2022 11:16 AM AEDT | By Team Kalkine Media
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

Highlights:

  • Experts estimate that carbon capture alone could be used to contribute towards 14% of the reduction of global greenhouse gas emissions as projected for 2050.
  • Carbon capture utilisation and storage (CCUS) could be a practical solution towards deep decarbonisation because it is specifically designed for minimising carbon emissions from large-scale sources that are stationary, such as industrial plants and power stations.
  • EarlyBirds’ OSINT and open innovation ecosystem platform can be used by early-adopter businesses and organisations, innovators, and subject matter experts (SMEs) to join hands and work together towards adoption and application of the CCUS technology.

EarlyBirds helps companies and various organisations to become early adopters and stay relevant and competitive in this all-time technologically shifting world.

Experts estimate that carbon capture could be used to contribute towards 14 percent of the reduction of global greenhouse gas emissions as predicted for 2050.

This calls for resorting to a novel, circular business model that begins with reducing emissions by means of state-of-the-art technology. Carbon dioxide reuse and recycling ensure emission reduction. Technologies and partnerships that deploy captured carbon can help achieve this goal, resulting in the improvement of current products and development of new zero-emissions and low-carbon emission products.

EarlyBirds’ OSINT and open innovation ecosystem platform enable subject matter experts (SMEs), innovators, and early adopters to come together and achieve innovative, technological advancement and adoption.

Carbon capture utilisation and storage

Image: © VectorMine | Megapixl.com

A novel technology, carbon capture utilisation and storage (CCUS) is used to first capture carbon emissions from both man-made and natural sources. Following which, the emissions captured are transported to another location for storage, resulting in reduction of carbon emissions and greenhouse gases.

Image: © VectorMine | Megapixl.com

Organisations and businesses can adopt and implement CCUS through geological, biological, and technological solutions:

  1. Geological solutions can be deployed for storing underground carbon emissions from man-made sources.
  2. Through biological solutions, the carbon captured is stored in the soil, vegetation, and oceans.
  3. Technological solutions are nothing but entail the recycling of carbon captured through innovative scientific and engineering methods.

As of now, ~35 facilities are implementing CCUS in their industrial processes, power generation, and fuel transformation, says the International Energy Agency. However, in spite of the momentum in recent years, these efforts are not up to the mark when comes to meeting past projections.

That is to say, the deployment of CCUS achieved thus far is still way lower than what is required for meeting the target of net zero emissions.

EarlyBirds helps in CCUS adoption and application

Thankfully, EarlyBirds is there to help organisations and businesses in catalysing not only adoption but even application of CCUS. Thus, EarlyBirds says that it is the ideal partner for entities in the public and private domains that are eyeing the deployment of carbon capture solutions.

Precisely, EarlyBirds can aid with development of innovation maps, which are based on a particular business or technical themes and sub-themes.

Importantly, these dynamic innovation maps can be continuously adjusted and updated in line with business-specific requirements as and when required.

How businesses benefit from EarlyBirds: With the EarlyBirds approach, businesses - start-up, scale-up, or mature organisations - can effortlessly find and meet innovators, and in turn stay relevant and competitive.

How innovators benefit from EarlyBirds: EarlyBirds is beneficial even for the innovators, who will be blessed with revenue streams upon selling their innovative products and services to early-adopter organisations.

Not just that, EarlyBirds gives innovators an opportunity to easily bring their inventions to the marketplace, and connect with early adopters.

EarlyBirds open innovation ecosystem

Image: © Elenabsl | Megapixl.com

The EarlyBirds open innovation ecosystem comprises two key programs, ‘Explorer’ and ‘Challenger’:

  1. The Explorer program can help in cranking up the process of technological innovation for the entire organisation. This program offers several key features:
    • a platform enterprise licence,
    • a nominated subject matter expert for your business,
    • quarterly and monthly innovation days,
    • regular webinars to help drive innovation organisation-wide, and
    • emphasis on specific types of innovation.
  2. The second program, which is called Challenger, is for organisations that want to focus on only one particular problem or challenge at a time.

If you would like to know how EarlyBirds can help organisations with respect to carbon capture solutions, check out its website.

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

5 ASX Companies Leveraging AI to Drive Growth in 2024



We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.