Award for hot idea.AN innovative heat-to-energy project by a Redcar company has won a pounds 20,000 prize from oil giant Shell. DRD DRD Dopa-Responsive Dystonia DRD Dividends Received Deduction DRD Drag Rescue Device (firefighter bunker) DRD Deputy Regional Director DRD Data Requirements Document DRD Direct Reading Dosimeter DRD Department of Redundancy Department Power, based at Wilton, is developing an eco-friendly process to turn waste heat produced by chemical companies into electricity. Their green know-how made them one of just six companies across Northern England Northern England, The North or North of England is a rather ill-defined term, with no universally accepted definition. Its extent may be subject to personal opinion and many companies or organisations have differing definitions as to what it constitutes. , Scotland and Northern Ireland Northern Ireland: see Ireland, Northern. Northern Ireland Part of the United Kingdom of Great Britain and Northern Ireland occupying the northeastern portion of the island of Ireland. Area: 5,461 sq mi (14,144 sq km). Population (2001): 1,685,267. to be awarded funds from the Shell Springboard awards, which recognises companies helping the move towards a low-carbon economy. Clive Whitbourn, from DRD Power, said the prestige of the Shell Springboard award would be invaluable in promoting the technology. "Large scale process plants run continuously and if only a few percent of their waste heat could be recovered and turned into electricity, this would be the equivalent of a number of large power stations." Shell Springboard gives a no-strings financial boost to innovative, commercially viable ideas that tackle climate change. North Shields-based Ocean Flow Energy's moored tidal energy device also won pounds 20,000. According to Shell research, in 2007 the UK's 'green' companies attracted more than pounds 1bn of venture capital and private investment - 41% of the EU total. |
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