Magazine article Ecos

Clean Technology Spin-Outs on the Rise at CSIRO

Magazine article Ecos

Clean Technology Spin-Outs on the Rise at CSIRO

Article excerpt

[ILLUSTRATION OMITTED]

The market pull for 'clean'--or environmentally friendly--technologies has grown pending the introduction of the Australian Carbon Pollution Reduction Scheme (CPRS) and a global move to formalise carbon markets.

Demand is high for technologies that can make an impact in the Australian marketplace in the next two years and, at an international level, hedge against any changes in the UN Clean Development Mechanism schemes. (1)

'Technology that can reduce the impost on Australian companies under the CPRS is in demand from both financial and industry partners' says Ray O'Neill, Commercialisation Manager at CSIRO.

CSIRO has a track record in 'spinning out' clean technology companies, and that is being extended as market demand mounts. For example, Smart Storage Pry Ltd, trading as Ecoult[TM], is developing solutions around the CSIRO-invented UltraBattery for the renewable sector.

'We are progressing project commitment and definition for major first commercial implementations in Australia and the USA; comments John Wood, Ecoult[TM] CEO.

As the effects of climate change increase, renewable energy sourced from the wind is a growth area. Windlab Systems, another successful CSIRO spin-out, has made clever use of this natural energy source by deploying wind resource mapping and modelling technology to assist utility-scale wind farm developers in site selection and site optimisation. Various projects have been commissioned in Australia as well as in New Zealand, Canada, the USA and South Africa.

Another clean tech project in CSIRO's dynamic commercialisation pipeline is VAMCAT, a methane mitigation and energy generation technology, housed at CSIRO's Queensland Research Centre. Since coal mining releases large amounts of stored methane, a greenhouse gas more than 20 times as potent as carbon dioxide ([CO.sub.2]), CSIRO wanted to develop a technology that could not only abate the large volumes of low concentration methane from mines, but also turn this otherwise waste product into a clean source of energy. VAMCAT is the outstanding result. The potential impact from this technology is extremely large with annual wasted mine methane equivalent to the [CO.sub.2] coming from 55 million cars!

Currently at commercialisation stage is a soil remediation technology which utilises high pressure ultrasonic (HPU) waves to neutralise contaminated soil. …

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