The U.S. Department of Energy’s (DOE’s) Office of Electricity launched the High-Voltage Direct Current (HVDC) Prize to incentivize new technology solutions to improve the performance and resilience of the U.S. energy grid.
The HVDC Prize invites electrical and industrial engineers, computer scientists, and power electronics researchers to develop new power and energy system solutions to improve renewable distributed generation, transmission to population centers, and integration with the U.S. energy grid.
The HVDC Prize includes a total prize pool of $200k in cash—up to four winning teams will receive $50k each.
For more information, please review the HVDC Prize Official Rules.
HVDC Technology Background
HVDC technologies provide an alternative electrical transmission system to the conventional alternating current systems. This prize aims to leverage HVDC systems to increase the power grid’s capacity to receive, transmit, and deliver a large amount of energy. Additionally, HVDC technologies are more cost-effective compared to conventional systems for longer transmission distances. HVDC transmission can improve grid resilience, security, and operation flexibility while integrating renewable energy transmission into the existing grid to reach the nation’s goal of carbon neutrality.
Competitor Eligibility
The HVDC Prize is open to private entities (for-profits and non-profits), non-federal government entities such as states, counties, tribes, municipalities, and academic institutions in the U.S.
Awards:- $200,000
Deadline:- 08-06-2023
