Energy Innovation
The progress of society is often judged by its ability to enhance the welfare of the least advantaged. By that standard, the world is becoming a much better place. Poverty has fallen dramatically in recent decades, propelling millions of households into the middle class. Within a decade the world is expected to reach a tipping point, beyond which the majority of the world’s population will live in households considered middle class. With this increased standard of living and a consumerist lifestyle, more waste is inevitably generated and more energy is required to pump water, refrigerate food, manufacture goods and provide light, heat and air conditioning.
O.N.E. believes the increased demand for energy can be met in part by transforming waste into electricity. The typical pattern of consumption in modern societies is to extract basic resources, turn them into products and discard them once they have fulfilled their purpose. With the rise of the middle class, however, an overwhelming amount of waste is being generated. Our solution unlocks the value of waste, creating a sustainable waste management solution, new jobs and economic growth.
O.N.E. also addresses the growing problem of environmental degradation. By creating clean power from waste, waste is diverted from the environment, consumption of fossil fuels is reduced and even greenhouse gas emissions from waste that would otherwise go to landfills are mitigated.