Teams Around the World Take on the Carbon XPRIZE
The race is on for the NRG COSIA Carbon XPRIZE! We are blown away by the 47 entries from around the world registered to compete for this $20 million prize. It’s not surprising that so many teams want to win millions of dollars. What is amazing is that each team has already put so much skin in the game. They come from universities, startups, families, established companies, and more, from seven different countries. What unites them is a passion to be a real part of the solution, and demonstrate that they have a technology that can literally turn a waste (carbon dioxide) into an asset.
One of the coolest things about these teams is that their proposals show a huge diversity of assets and possible solutions. Teams are planning to turn carbon dioxide into everything from fish food and fertilizer, to gasoline replacements and carbon nanotubes. We anticipate many approaches and potential solutions to the carbon dioxide conversion challenge. That’s what makes this competition so exciting.
Taking something as commonplace as carbon dioxide, a byproduct of our energy economy, and turning it into something we can use every day may seem like a far-off dream. But with the announcement today that there are 47 entries into the $20M NRG COSIA Carbon XPRIZE, we have dozens of determined teams hoping to turn that dream into a reality.
Over the next four years, these teams will strive to take their remarkable technology to the next level, to accelerate the development of their solutions, to engineer their way around technical problems, and to maximize their ability to turn carbon dioxide into something new.
Dozens of teams from around the world will be pushing themselves and each other to push the boundaries in carbon dioxide utilization. And in that effort, we will see some of the most remarkable risks and breakthroughs ever brought to bear in our fight to stop carbon dioxide emissions from damaging our planet.We are incredibly excited about the diversity of teams and technologies that are now competing in the Carbon XPRIZE. Each team will invest their capital, people, time, and know-how. They have answered the challenge and stepped up to compete. We can’t wait to see what amazing things they accomplish.