A Finnish million-dollar prize for the inventor, thanks to which electricity is consumed much less

The Millennium Award goes to Professor Bantval Jayant Baliga. He developed the power semiconductor, which is very important in electronic devices.

The summary is made by artificial intelligence and checked by a human.

The IGBT technology developed by Professor Bantval Jayant Baliga significantly reduces the energy consumption of electrical devices.

The invention is calculated to have greatly reduced carbon dioxide emissions.

The award will be presented to Baliga on October 30 in Espoo.

A million the euro’s Millennium Prize has been awarded to a professor Bantval Jayant Baligalle of the semiconductor component he developed. Thanks to that, the energy consumption of electrical devices has been greatly reduced around the world.

Baliga has been called the man with the largest negative carbon footprint in the world. Thanks to his invention, humanity needs to generate less electricity. It means significantly lower emissions.

Thanks to the awarded technology, it has been possible to reduce carbon dioxide emissions by more than 82 gigatons in the last 30 years, the justification for the award says. The amount corresponds to the carbon dioxide produced by mankind over an average of three years.

Baligan developed by the power semiconductor is known by the abbreviation IGBT, which comes from the words Insulated Gate Bipolar Transistor.

Baliga developed the IGBT technology in the 1980s. It has been the world’s most important power semiconductor component. IGBT has improved the efficiency of electrical equipment and reduced the cost of production.

Wind and solar energy plants use technology to convert the generated electricity into a form suitable for consumers and industry. It is a key technology in electric and hybrid cars and in electric motors used by consumers and industry in general.

“The IGBT has been for the last 40 years, and still is, the most important semiconductor component in power electronics,” says the Chairman of the Millennium Prize Board, Prof. Päivi Törmä in the bulletin.

Born in India, Baliga works as a professor of energy at North Carolina State University in the United States.

A million The Millennium Technology Award, worth EUR, is awarded every other year. The award is now 20 years old.

The 2024 award will be presented to Professor Baliga on October 30 at Dipoli in Espoo. The award is presented by its patron, the President Alexander Stubb. You can follow the event live and recorded from Yle Areena.

Read more: Martin Green, who developed solar energy, received the Millennium Prize of one million euros

Read more: Millennium prize for the developers of the rapid reading of the genome – the DNA of the coronavirus was also opened using this method

Read more: The million-euro Millennium Prize went to Finnish inventor Tuomo Suntola, thanks to which mobile phones and computers are small and efficient.

By Editor

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