The GE Ecomagination Challenge this year has stirred up some exciting ideas for powering the homes of the future–and now, the ConocoPhillips Energy Prize is set to do the same with energy in the United States as a whole.
The competition–hosted jointly by ConocoPhillips and Penn State University–will award up to $300,000 to individuals and teams with the most innovative ideas and solutions in three areas: developing new energy sources, improving energy efficiency, and combating climate change. Registration is open through May 2, 2011 to all U.S. residents 18 years of age or older.
Last year, the coveted Grand Prize went to Matthew Orosz and team STG for their solar generator design. This device can produce electricity and hot water for remote, off-grid health clinics and schools by replacing a steam turbine plant with a specially-designed organic rankine cycle generator that uses a low temperature fluid to generate electricity and waste heat.
Interested parties are encouraged to learn more about the ConocoPhillips Energy Prize and submit a comprehensive proposal online. Proposals may also be submitted by U.S. mail.