The X PRIZE Foundation (XPF) is transforming its vision to address worldwide challenges in the areas of energy and the environment; exploration of the oceans and space; life sciences; education and global development. XPF aims to launch $100 million in prizes over the next 10 years, which the organization says will accelerate the rate of positive change with competitions that capture the public imagination and inspire results.
‘With the introduction of our prize group structure, we're creating more opportunities for entities that want to be a part of something truly innovative and change the paradigm of what's possible in our world,’ says Robert K. Weiss, president and vice chair of the XPF.
X PRIZE's Energy and Environment Prize Group has a goal of catalyzing a new era of renewable, cost-effective energy with minimal impact on climate and the environment.
Areas of consideration include breakthroughs in climate change, water resource management, energy distribution and storage, clean energy and energy efficiency/use.
SOURCE: The X PRIZE Foundation
