Little by little, the U.S. is moving toward a more sustainable future, and GE and its partners want to help. The GE ecomagination Challenge: Powering the Grid is investing $200 million in innovative business models, technologies, and processes that will bring clean, usable energy to market via renewable energy, power grid efficiency, and eco homes/ecobuildings.
GE challenges students, inventors, technologists, and entrepreneurs to develop solutions for a better power grid that enables the nation to create, connect, and use energy efficiently. We’ve grown to love the power grid’s capability to reduce electricity usage and lower power bills – a 10 percent savings per household translates to a collective $36 billion annually!
GE and its partners are committing the resources find and develop the next-generation power grid and encourage forward-thinkers to focus on renewable energy, grid efficiency, and eco homes/ and eco buildings that appeal to mainstream tastes.
Do you have a creative and marketable solution for improving grid technology? Have you been looking for a way to bring your ideas to life? The $200 million campaign offers you and others the possibility of having your ideas funded with cash grants, GE research center fellowships, cooperative product development agreements, and/or equity investments. The GE ecomagination Challenge: Powering the Grid includes a social community that tracks online votes, highlights contest entries, and offers fascinating facts about renewable resources and grid technologies.
Visit GE ecomagination Challenge: Powering the Grid to enter by September 30, 2010, or download the iPhone app for free.
As a contender in the ECOmagination challenge I would like to commend GE for their iniative. This contest has proven to be much more than just that. It is also a platform where innovative people meet and can liaise. I made very useful contacts so even if I would not be selected, I am still a winner.
Kind regards,
James Post
SmartSolar
Improved access to clean water can reduce diarrhoea and waterborne diseases by at least 25%, and improved sanitation can reduce child mortality by 30%. A smart water monitoring system can help catch contaminants and insure a safe drinking system. Rentricity’s smart water monitoring system is powered by renewable energy of the water flow itself.
Rentricity
Yes GE, Yes! Put the incentives on the table to have the real innovators step up to the place. I am always impressed by your ability to spark the ideas of tomorrow.