We believe the world will be much better if global clean energy generation is dramatically improved beyond current choices – and that’s why we’re developing this XPRIZE.
On a planet awash with energy, in a universe where all matter is made of immense amounts of energy (E=mc2), we find our society forced to make bad choices for most of our energy supply from a set of technologies as old as the transistor, not to mention fire.
There are countless reasons why we need new and better sources of energy, from climate change to pollution to poverty and more. The vast majority of mankind’s current energy use is coming from unsustainable and damaging sources. We need something better.
Great prize competitions have worked to spawn entire new industries from ideas of inventors who entered. XPRIZE Foundation is a global leader in designing and executing fair, well-designed incentive prize competitions.
But what would a prize competition for abundant clean energy look like in detail? To design a highly effective competition in detail takes a lot of thought and work and we need your input and help.
Well-designed competitions have a way of breaking new ground that seems impossible. They attract the best and brightest minds, challenging and supporting them to push all the limits. Lots of promising ideas are on the drawing boards of inventors, small companies and scientific researchers. They exist. How do we draw them out and validate them so they can get the support they need to scale up and serve this huge need/market? What better way than a well-designed, very large XPRIZE?
We are in the process of designing this XPRIZE. We recognize that we don’t have all the answers so we’re asking for your help. We invite thoughtful advice from experts like you that can help us set up a prize competition to get the greatest results.
We are looking for ideas on how to design the prize to:
1. Attract the BEST, most transformative new clean energy technologies and inventions
2. Optimally incentivize the most talented inventors/scientists/engineers to participate
3. Clearly define prize competition structure and rules
4. Set up scientific protocols to test and verify/validate entries
5. Set up judging criteria to efficiently evaluate and sort through entries while not discouraging “adventurous” submissions
We are putting up a $50,000 prize purse that is broken into pieces to incentivize YOU to help come up with better and better ideas on how to accomplish these objectives.
Step 1. Review the challenge Guidelines and start thinking of optimal ways to run a prize competition like this.
Step 2. Sign up by clicking the orange “Accept Challenge” button above and share with others who may be interested by using the social media buttons.
Step 4. Begin a competition design entry by clicking the orange “Accept Challenge” button above.
Step 5. Win cash prizes for your contribution to helping the world.
Here is more info on what we aim to achieve and how.