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POPSThe Dawn of the new Hydrogen economy Stanford Ovshinsky, President, Chief Scientist and Technologist of ECD Ovonics, based in Michigan USA, was awarded the 2005 Innovation Award for Energy and the Environment by The Economist for his pioneering work in and the development of the high-powered Nickel Metal Hydride (NiMH) battery technology. The Economist's Innovation Award celebrates the global achievements and innovations of individuals who have positively transformed global business.