In collaboration with NRG and Canada’s Oil Sands Innovation Alliance, the nonprofit XPRIZE has begun accepting applications from individuals and teams with projects that will help turn carbon from a liability into an asset.
In a series of rounds, teams will be whittled down as they attempt to use new technologies to convert CO2 from an actual coal-fired or natural gas plant into valuable products.
Instead of a silver bullet approach, XPRIZE believes in developing an ecosystem of technologies that will work together to mitigate and convert carbon. XPRIZE sees this competition as a chance to prove that carbon technologies can work, be economically viable and, in turn, stimulate further investment into similar innovations.
ABO would love to see algae-based solutions among the winners, so click here to learn more and then register here. Registration closes in April.