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Conocophillips Energy Prize To Recognize New Energy Ideas, Solutions
University Park PA (SPX) Apr 01, 2008 ConocoPhillips and Penn State have announced they are launching the ConocoPhillips Energy Prize, an awards program that seeks to recognize new ideas and original, actionable solutions that can help improve the way the United States develops and uses energy. In its inaugural year, the program will award up to $300,000 in cash prizes and focus on generating innovative ideas and solutions that help in three areas: - Developing new energy sources, including new ways to develop alternative energy. - Improving energy efficiency, such as new methods to significantly reduce the amount of energy consumed in the United States. - Combating climate change, including solutions that reduce greenhouse gas emissions. "Providing adequate, reliable and diverse supplies of energy; significantly improving energy efficiency; and taking action on climate change are challenges that will require innovative technology, resource commitments and responsible stewardship by energy producers and consumers alike," said Jim Mulva, chairman and chief executive officer of ConocoPhillips. "With help from Penn State and its award-winning Energy Institute, the ConocoPhillips Energy Prize is one way to generate excitement and interest in fostering new energy ideas and solutions that will ultimately benefit society." "Our focus is on developing clean, reliable and affordable energy, and through the ConocoPhillips Energy Prize, we can help spur technology research and development in this area of focus," said Dr. William Easterling, dean of Penn State's College of Earth and Mineral Sciences, which houses the EMS Energy Institute. "We are pleased to work with ConocoPhillips on this endeavor, while encouraging the nation's brightest minds to turn their ideas into reality." Entries will be accepted through May 30, 2008. A qualified panel of energy and environmental judges will select up to five finalists to present their concepts during a two-day awards event in October. Concepts will be judged on the basis of creativity, scalability, commercial viability and sustainability. Related Links 2008 ConocoPhillips Energy Prize Powering The World in the 21st Century at Energy-Daily.com
Fuel Cell Vehicles Are The Best Pathway To Environmental And Energy Security
Washington DC (SPX) Apr 01, 2008Fuel cells and hydrogen fuel are the only motor vehicle technology option that will respond effectively to global warming during this century, according to a new analysis by a Washington expert in alternative fuels. "The hydrogen-powered fuel cell vehicle is the only option that can achieve the goal of reducing greenhouse gases by 60% or more below 1990 levels in the transportation sector," concludes Dr. C.E. Thomas in a new study. |
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