How waste becomes value

This chapter explores how industrial waste products achieve value, by investigating innovation processes with the objective of utilizing surplus heat. The potential for reducing primary energy consumption by utilizing surplus heat from industry processes is significant. Essential to this is the need...

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Váldodahkkit: Johansen, Jens Petter, Røyrvik, Jens
Materiálatiipa: Online
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Almmustuhtton: Edward Elgar Publishing 2022
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Liŋkkat:https://directory.doabooks.org/handle/20.500.12854/78309
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author Johansen, Jens Petter
Røyrvik, Jens
author_browse Johansen, Jens Petter
Røyrvik, Jens
author_facet Johansen, Jens Petter
Røyrvik, Jens
author_sort Johansen, Jens Petter
collection Directory of Open Access Books
description This chapter explores how industrial waste products achieve value, by investigating innovation processes with the objective of utilizing surplus heat. The potential for reducing primary energy consumption by utilizing surplus heat from industry processes is significant. Essential to this is the need to frame surplus heat as a commodity and assign it a value. Drawing on studies of 14 surplus heat exchanges in Norway, we show how such valuation processes vary across localities. We find three different modes of valuating surplus heat, as either a market commodity, a common good, or a gift between a company and the community. The chapter discusses the benefits and challenges connected to these ways of valuating and organizing the exchange of by-products, and provides recommendations for how government actors and firms can facilitate them from the bottom up. We discuss the possibilities of integrating insights on valuation processes into innovation perspectives on circular economy.
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spelling doab-20.500.12854ir-783092025-05-19T11:13:40Z How waste becomes value Johansen, Jens Petter Røyrvik, Jens Circular economy Innovation KJD This chapter explores how industrial waste products achieve value, by investigating innovation processes with the objective of utilizing surplus heat. The potential for reducing primary energy consumption by utilizing surplus heat from industry processes is significant. Essential to this is the need to frame surplus heat as a commodity and assign it a value. Drawing on studies of 14 surplus heat exchanges in Norway, we show how such valuation processes vary across localities. We find three different modes of valuating surplus heat, as either a market commodity, a common good, or a gift between a company and the community. The chapter discusses the benefits and challenges connected to these ways of valuating and organizing the exchange of by-products, and provides recommendations for how government actors and firms can facilitate them from the bottom up. We discuss the possibilities of integrating insights on valuation processes into innovation perspectives on circular economy. Published 2022-02-17T09:10:56Z 2022-02-17T09:10:56Z 2021-12-17 chapter 9781800373082 9781800373099 https://directory.doabooks.org/handle/20.500.12854/78309 eng image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://www.elgaronline.com/view/edcoll/9781800373082/9781800373082.xml Edward Elgar Publishing 10.4337/9781800373099.00019 10.4337/9781800373099.00019 01ceac28-75b4-492a-8eec-f9b98bc6b28c 9781800373082 9781800373099 Cheltenham, Gloucestershire, UK open access
spellingShingle Circular economy
Innovation
KJD
Johansen, Jens Petter
Røyrvik, Jens
How waste becomes value
title How waste becomes value
title_full How waste becomes value
title_fullStr How waste becomes value
title_full_unstemmed How waste becomes value
title_short How waste becomes value
title_sort how waste becomes value
topic Circular economy
Innovation
KJD
topic_facet Circular economy
Innovation
KJD
url https://directory.doabooks.org/handle/20.500.12854/78309
work_keys_str_mv AT johansenjenspetter howwastebecomesvalue
AT røyrvikjens howwastebecomesvalue