Business Value Through Industrial Symbiosis

Industrial symbiosis (IS) involves collaboration among businesses to utilize each other’s wastes or byproducts, thereby reducing environmental impact and improving economic efficiency. Despite the recognition of IS’s environmental benefits, a structured understanding of its full business value is often lacking. The business value framework developed for IS identifies four key domains of benefits and sacrifices: cost implications, revenue growth and diversification, risk management and reduction, and the intangible benefits of soft values. Cost savings are evident in reduced procurement and logistics expenses through the use of secondary materials, but new cost challenges can arise from required infrastructure investments and compliance costs. Revenue opportunities emerge from selling byproducts and improved marketability due to eco-conscious practices, with regulatory incentives also providing financial attractiveness. IS strategies can reduce supply chain and market risks, although they may introduce dependencies and require quality control investments. Soft values encompass enhanced innovation, stakeholder relationships, brand reputation, and employee engagement. As global movements towards sustainability and circular economies advance, IS is gaining relevance, with technological and policy developments further facilitating its adoption. For businesses, taking a strategic approach that includes identifying synergy opportunities, forming partnerships, investing in technology, navigating regulatory landscapes, and communicating value propositions is essential for harnessing the competitive advantages offered by IS.

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Boosting the Hydrogen Revolution: The Role of a European Hydrogen Bank
Renewable Energy Finance & Economics

Boosting the Hydrogen Revolution: The Role of a European Hydrogen Bank

The EU aims to produce and import 20 million tonnes of renewable hydrogen by 2030 to achieve climate targets. The European Hydrogen Bank, integral to REPowerEU, supports this via subsidies and market integration. Investments in hydrogen technologies foster innovation, job creation, and international cooperation, enhancing energy security and global leadership in clean energy transitions.

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Charging Ahead: How Electric Vehicles Are Powering a Sustainable Future for the Next Generation of Innovators
Renewable Energy Buildings & Transport

Charging Ahead: How Electric Vehicles Are Powering a Sustainable Future for the Next Generation of Innovators

The paper discusses the rapid global adoption of electric vehicles (EVs), driven by falling battery costs, government incentives, and a growing commitment to environmental sustainability. Advances in technology, like solid-state batteries and Vehicle-to-Grid systems, are enhancing EV capabilities and integration into energy grids. Despite challenges like charging infrastructure and ethical material sourcing, EVs are increasingly seen as crucial for cleaner transportation and climate change mitigation, impacting energy systems, creating new economic opportunities, and transforming urban environments.

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EV Revolution: Transforming Global Mobility Through Innovation and Accessibility
Renewable Energy Buildings & Transport

EV Revolution: Transforming Global Mobility Through Innovation and Accessibility

In 2024, global electric vehicle (EV) sales exceeded 17 million, a significant increase from 2020 totals. China's electric car sales hit 11 million, driving affordability and adoption worldwide. Battery cost reductions and technological advancements improved EV competitiveness, while the expansion of charging infrastructure supported the growing EV market. Electric commercial transport also gained momentum, with electric trucks becoming more economically feasible. Projections suggest EVs will continue to grow, reaching substantial market shares globally by 2030.

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⚙ Business Practices


Energy Infrastructure Circular Economy Buildings & Transport

ORC-systems are helping to create a sustainable energy future

Organic Rankine Cycle (ORC) technology is being used in Sweden to transform waste heat into renewable electricity. The high efficiency and low maintenance way to produce sustainable electricity is being adopted by district heating systems around the world. Read how Ronneby.

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ORC-systems are helping to create a sustainable energy future

Circular Economy

Rank Organic Rankine Cycle Technology with applications in Heat Recovery solution

ORC RANK has worked with SWEP to implement a heat recovery solution for electricity power generation. The activation range for the low-temperature equipment starts at just 85 °C. SWEPs heat exchangers are installed as economizers,.

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Rank Organic Rankine Cycle Technology with applications in Heat Recovery solution

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