The U.S. Department of Energy (DOE) Office of Electricity is launching the American-Made Energy Storage Innovations 2030 Prize. This prize aims to gain insight on innovative, emerging, and next-generation energy storage technologies to inform DOE’s strategy on transformative storage technologies to accelerate grid modernization and decarbonization. Competitors will propose their grid-scale, long duration-capable energy storage technology innovation with a written summary and accompanying 90-second video. Submissions will be judged on the innovation’s quality including a pathway to the Energy Storage Grand Challenge levelized cost of storage (LCOS) 2030 goals, strength of plan, and other unique benefits (supply chain considerations, equity, etc.).
It is vital to note that this competition is focusing only on emerging energy storage technologies. Established technologies that are being considered as part of the SI Framework effort are ineligible to participate in this prize. See the official rules sections on Eligibility and Background for detailed descriptions of the ineligible technology categories and expanded rationale.
Awards:-
The Energy Storage Innovations Prize offers a total prize pool of $300,000 in cash prizes. There will be up to ten winners total, with up to five Storage Innovations Champion winners receiving $50,000 each and up to five Storage Innovations Finalist winners receiving $10,000 each. The prize money is cash with no restrictions to its use. In addition to the cash prize, proposed technologies of some or all winning teams may be included in a future Report to Congress, an Office of Electricity presentation focusing on the state of energy storage innovation in the United States. Inclusion in this report, and the extent to which winners may be featured, is not guaranteed and dependent on intergovernmental review and approval. Winners are announced publicly, but may opt out of inclusion in the 2023 Storage Innovations Report.
Deadline:- 16-12-2022
