Competitive advantage in today's global economy depends increasingly on sustainable technological innovation. Tomorrow's leaders in the energy field are increasingly likely to be those who see ahead of the curve and combine a talent for innovation with an equal capacity to realize commercial gain from their inventions. Spiraling energy demand worldwide poses a dual challenge: to develop new energy sources while finding ways to make existing sources go further.
To qualify for this award, companies must do more than build a better mousetrap. Rather, the goal is to recognize the practical application of new technology in the pursuit of efficiency, business advantage, and profit.
The judges will be looking for commercially inspired innovation. Entrants will be asked to demonstrate the significance of their technology in relation to emissions reduction, practicality, reliability, and overall commercial success.
Note: This award is for "hard" technology. The judges cannot judge the relative merits of standalone, trading, or financial software applications, though software that forms a part of, for example, a technologically innovative control system may be considered.
Judges will consider any technology implemented on a commercial basis since June 30, 2008.
Innovation
Commercial Availability
Financial Results
Technologically Proven
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