Circulating the Circular Economy in Energy Sector - How energy industry contributing to circular economy?
Presentation Description: Dialogue between the wise man and a layperson: A layperson asked the wise man: What is the origination of the world
First the wise man asked the layperson to draw a circle. So, the layperson draw a circle on the floor as per wise man’s request:
Then the wise man answered layperson’s question by using his method of answering to puzzles of the world by questioning.
Show me where is this circle begins and it ends?
Then the layperson realized that he could point out infinite number of points where circle begins and where it ends. Yet, It would be finite or predictable when the start point meets the endpoint of a circle.
That’s the beginning of explanation of circular economy, in short. The wise man was none other than the Buddha. The components of circular economy were exited way before and beyond the Buddha time.
Circular economy is very ancient concept, could turn into a lightening rod to lighten the darkest hours of human civilization. The Concept of Elimination of waste and it use of the nature’s resources to maximum benefit of humanity while saving and preserving the resources to future generations yet to be born. Present day, Circular economy is clamped with Computer technology. Computer Technology is also not a new concept. So, this proposal examines how circular economy would be evolved using modern technologies in concert with economies of scale and progress of humanity. Thus this proposal tries to investigate on energy sector innovation, sustainability and Emerging Technologies: Does renewable energy has potential for exponential growth? If it does, how we limit its overflow? How we use latest technologies such as 5G, Nano technologies and many more ‘technology acronyms’ yet to be born for ‘energy storage’ or floating wind farm for better use of its expansion?