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ARTICLE · 09 NOVEMBER 2022

Patent Filing Trends Signal Boom In Low Emissions Technologies

IP Australia has recently released its patent analysis of low emission technologies (LET), based on patent filings for the period 2015 – 2020...

AustraliaIntellectual Property

Filings - the current landscape

IP Australia has recently released its patent analysis of low emission technologies (LET), based on patent filings for the period 2015 - 2020 (see report here). The data serves to 'identify holdings of specific expertise, helping to analyse the potential for further specialisation and investment in the future'.

Patent filings between 2015 and 2018 trended upwards for all areas of LET that were under analysis (carbon capture and storage, grid energy storage, solar photovoltaic technology, soil carbon measurements and low emission steel, aluminium and iron ore).

Globally, over 50,000 applications were filed since 2015 for carbon capture and storage, grid energy storage and solar photovoltaic technology respectively. This aligns with what can be seen commercially, with large-scale projects that will use these types of technology emerging. For example, Exxonmobil is currently evaluating the potential for a carbon capture and storage

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