Innovatium recognised for decarbonisation innovation at VIBES Scottish Environment Business Awards
Innovatium, a leading Scottish low carbon technology company, has been crowned winner of the Innovating Scotland Award at this year’s VIBES Scottish Environment Business Awards.
The Glasgow-based company develops technology solutions to meet the challenges of industrial decarbonisation, energy security and energy resilience. It’s ‘game changing’ PRISMA Liquid Air Battery technology stores energy in liquid air form to provide compressed air, allowing inefficient partially loaded, variable-demand compressors to be turned off. Such is its impact, Data shows that PRISMA can deliver up to 25% energy savings as well as hours of back-up energy storage.
Judges deemed Innovatium a worthy winner of the award due to its commitment and efforts made in helping business improve their energy efficiency and carbon footprint.
VIBES is a partnership between the Scottish Environment Protection Agency (SEPA), The Scottish Government, Energy Saving Trust, Highland & Islands Enterprise, Scottish Enterprise, South of Scotland Enterprise, Scottish Water, Zero Waste Scotland and NatureScot, and its prestigious annual awards reward and recognise organisations that have demonstrated significant business benefits from good environmental practice.
Simon Branch CEO comments: “We are delighted to be recognised for our contribution towards energy saving and decarbonisation by the VIBES judges. PRISMA is a great example of an innovative technology solution to the longstanding problem of how to improve the efficiency of compressed air generation in industrial settings. We strongly believe that PRISMA can, and will, play a major role in addressing the ‘energy trilemma’ of managing energy efficiency, energy cost and energy security in the years to come.”
Gillian Bruce, Chair of VIBES, added: “Every year, we see more and more businesses and organisations who are working towards net zero carbon emissions, which is a challenging but necessary journey. This year’s VIBES winners are clearly demonstrating business cases for reducing their environmental footprint – highlighting the social benefits, as well as the positive economic impacts. We hope the efforts of our winners will encourage and inspire others to develop their environmental practices.”
The winners were announced in Glasgow on November 1 following a robust judging process.
Image Caption (left to right): Anne McAlpine - event host, Audrey MacIver – Highlands and Islands Enterprise, Jo Branch & Simon Branch – Innovatium, Nicole Paterson – SEPA.