RID – Regenerative Industry Development is about combining waste streams, technological processes and third-party capital to create new industries
Regenerative Industry Development (RID) combines industrial waste streams, technological processes and third-party capital to create new industries in which waste resources from industry are the primary input. An industrial process is deemed to be regenerative when its primary inputs have zero or negative value and it creates sufficient positive value to attract capital.
The process of regenerative industry development can be applied also to each new regenerative industry established, creating multiloop regeneration. To attract the necessary investment, applications must demonstrate sufficient profitability. It is therefore appropriate to speak of regenerative development, as the result is economic growth while shrinking environmental impact.
There are many regenerative industry applications that we use to design regenerative industrial infrastructure
Based on industrial waste resources, a profitable, circular and symbiotic system for food production can be established that uses low-grade heat and achieves multiloop recycling.
There are many uses for waste heat, particularly at high temperature, and other waste streams as well. The choice of technologies in each case ultimately depends upon available resources and market conditions.
Algae farms and bioplastic production are among the most exciting development areas in regenerative industry.