The U.S. Department of Energy’s (DOE’s) Water Power Technologies Office (WPTO) is launching the Innovating Distributed Embedded Energy Prize (InDEEP) to encourage innovation in distributed embedded energy converter technology (DEEC-Tec, pronounced “deck tech”) to generate new, precommercial materials for wave energy conversion. This prize will challenge innovators from within and beyond wave energy to design and develop novel materials for marine energy applications that will lay the foundation for generating electricity at the grid scale.
This three-phase, two-year competition is offering a combined cash prize pool up to $2.3 million. Teams will also receive technical support, teaming support, and other forms of mentorship throughout the prize to enable their success.
Wave energy is the most abundant and geographically diverse marine energy resource in the United States. The total available wave energy resource in the United States is equivalent to approximately 34% of all U.S. power generation in 2019.
To help build energy resilience in coastal cities and support President Biden’s goal of net-zero carbon emissions by 2050, InDEEP seeks innovations that blend materials and renewable energy research to help convert wave energy to usable electricity. This prize is the first step in exploring DEEC-Tec’s potential for ocean wave energy conversion.
Competitors will use innovative methods to identify DEEC-Tec components and materials that have high techno-economic potential for wave energy converters. Successful concepts developed through this prize are those that show the greatest techno-economic potential to contribute to grid-scale power systems.
Phase II Kickoff Webinar
Join us for this one hour phase II kickoff webinar where will cover details about the prize, information on the support to be provided for competitors, and strategies for developing a successful submission package. Phase II is open to all competitors.
Watch the Recording here: https://www.youtube.com/watch?v=9HMrjxA4GVY
Access the slides here: https://www.herox.com/indeep/resource/1593
Submission Deadline
April 26, 2024, 6 a.m. HST
Leaderboard Eligibility Closes
Submission Deadline
May 7, 2024, 11 a.m. HST
Phase II submission deadline