Zayed Future Energy Prize Opens Nominations For Renewable Energy Competition

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Nominations for the Zayed Future Energy Prize are now open for the 2012 global competition. Managed by Masdar, under the auspices of the Abu Dhabi government, this annual award celebrates achievements and leadership in renewable energy and sustainability.

Submissions will be judged on four main criteria: impact, long-term vision, leadership and innovation in the following categories:

– Small/medium enterprises and non-governmental organization nominations that will have made a clear impact, through disseminating a particular solution in the field; furthering knowledge, awareness or policy development; or developing technology. Three prizes will be awarded: $1.5 million to the overall winner; $1 million to the first runner-up; and $500,000 to the second runner-up.

– Large corporations that have exhibited business success and leadership, as well as a clear vision for the long-term future of energy, and a coherent, sustainable strategy for its own role in this future. The winner will receive a special recognition award.

– Individual lifetime achievement nominations are open to individuals from academic, political, technological, business or other fields in renewable energy sustainability who are identified leaders and committed to raising awareness and supporting energy policy development. The winner will receive $500,000.

Past winners have included Toyota Motor Corp. for the Prius electric-hybrid vehicle; Vestas, a Danish manufacturer of wind turbine technology; and a Bangladeshi entrepreneur who brought solar energy technology to two million people in rural communities.

Candidates must be nominated by a third-party. Nominations will be accepted through August 22. Winners will be recognized in January 2012 at an awards ceremony in Abu Dhabi.

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