GE launches Global Innovation Challenge to reduce Emissions in Canada’s Oil Sands

«GE today announced the launch of an up to CAD$1 million ecomagination open innovation challenge to help accelerate technology development in Canada’s oil sands. The Innovation Challenge will target two of the biggest opportunities to reduce green-house gas (GHG) emissions in the oil sands:
new uses for waste heat and improved efficiency of steam generation.

[…]
Deb Frodl, global executive director, ecomagination said,

“Ecomagination has always been about helping our customers be more efficient and productive. The opportunity is large in the oil sands. By bringing together the best scientists, technologies and companies from around the world, we believe we can accelerate innovation and bring solutions to market faster.”

“Collaboration is key to solving big challenges,” notes Elyse Allan, President and CEO GE Canada. “GE recognizes that by working together, we can develop technology that will enable ongoing, responsible development of Canada’s oil resources—an important driver of the country’s economy and future prosperity.

[…]
Entries are now being accepted at www.geghgecochallenge.com

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