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Funding Opportunity
Logo *
Innovating Distributed Embedded Energy Prize Phase II
Organization Name
American-Made Challenges
Funding Opportunity Brief *
InDEEP seeks innovations that blend materials and renewable energy research to help convert wave energy to usable electricity.
Program Name
Innovating Distributed Embedded Energy Prize
Eligible Applicant
Institution
Organization
Nonprofit/NGO/CBO
Business
Individual
Description

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

Available Funding
$2,300,000.00
Maximum Award Amount
$1,250,000.00
Application Deadline
Tags
Renewable Energy
Energy Efficiency & Demand Response
Water
Development
Emerging Technology