Number of Energy Patents Increase

The prominence of "green living" has risen in recent years and we have evidence to prove it. According to a peer-reviewed publication in plosone.org which takes a look at the factors that contribute to energy advancement; innovation in energy technology is on the rise. Today, inventors are filing more energy-related patents than in previous years.

"Patents reveal early stages of technology development, as they tell of the nature of innovative activity, and who's doing what where," Jessika Trancik, SFI external professor at MIT and co-author of the report, said in a statement. She worked with graduate student Jasleen Kaur of the University of Indiana Bloomington to write and research the paper.

The study attributes the boom in innovation to investment in research and development, as well as market growth for green products. Researchers studied data from delphion,com, which included more than 73,000 energy-related patents filed from 1970 to 2009. The patents were issued in over 100 countries across the time period. 

Key findings include:

• Energy patents have increased significantly in the past 30 years.
• Emphasis has been placed on solar and wind technology.
• China has recently surpassed Europe in annual energy patents. It files the most coal patents in the world.
• Research and market growth work together to help promote innovation.

This analysis provides important insight onto the world of energy-efficient products. Most importantly, it shows us that our commitment to a green world is a crucial investment that can effect succeeding generations. Check out LifeIsGreen.com for more pertinent information about energy efficiency and green technology.

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