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Zayed energy prize calls for submissions

Abu Dhabi, June 20, 2011

Submissions for the Zayed Future Energy Prize, a major award for innovation, leadership, long-term vision and impact in renewable energy and sustainability, are now open for the 2012 competition.

Submissions will be received until September 19 online at ZayedFutureEnergyPrize.com.

“There is no greater challenge today than to address climate change, sustainable development and the need for cleaner sources of energy,” said Dr Sultan Ahmed Al Jaber, director general of the Zayed Future Energy Prize, and CEO of Masdar, a sustainable community in Abu Dhabi.

“By offering the world’s largest future energy prize, our goal is to serve as a catalyst in identifying the most innovative solutions in this arena around the world.”

Recently, the value of the award was raised from $2.2 million to $4 million. The categories of the award include: individuals, SMEs and NGOs, and large corporations in the field of renewable and sustainable energy.

The new categories focus on supporting emerging businesses and individuals which have innovative ideas and projects that can create a positive impact on meeting the requirements of our greatest energy challenges.

A recognition award will be offered to large corporations which contribute to developing clean technologies and promoting the application of sustainable solutions.

In the SME/NGOs category, three prizes will be offered: $1.5 million to the winner, $1 million to the first-runner up, and $500,000 to the second runner-up. This category will focus on making a clear impact through technology development or disseminating a solution in this sector, furthering knowledge, awareness, or policy development. Candidates can be self-nominated.

In the large corporations category, the winner will receive a recognition award for having made a significant impact in current markets, coupled with a clear vision for the long-term future, and a coherent, sustainable strategy for its own role in this future. Candidates can be self-nominated.

In the lifetime achievement (individual), the winner will be awarded $500,000 for achieving an effective role in spreading awareness or developing a policy supporting renewable energy or sustainability.

Candidates can be from a variety of disciplines: academia, politics, technology, and/or business. Candidates for this category may not be self-nominated and must be nominated by a third party.

A fourth category, a high school (international) prize awarding $500,000, will be introduced in 2012, signaling the on-going development of the Zayed Future Energy Prize and its focus on supporting and encouraging the efficient capabilities of young generations. The submissions will be received from the next competition (2012-2013). – TradeArabia News Service




Tags: abu dhabi | Renewable energy | Masdar | Zayed Future Energy Prize | Submissions |

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