Energy Efficiency Contest Offers $5M to Winning Municipality
The Energy Department and Georgetown University signed a memorandum of understanding to collaborate on the Georgetown University Energy Prize, a competition to encourage innovative, replicable and scalable approaches to reducing energy use in communities across the United States. The winning community will receive $5 million provided by private sponsors, which will help to support its continuing community-based energy efficiency efforts.
Beginning in February 2014, US municipalities ranging in population from 5,000-250,000 residents – accounting for more than 65 percent of American communities and 200 million residents – will be eligible to compete for the prize by reducing their energy use. Participating communities must develop a long-term energy efficiency plan and demonstrate initial effectiveness and sustainability during a two-year period. Interested parties are invited to learn more about Georgetown Energy Prize, review the competition’s rules and timeline, and register their communities in advance of the formal launch in February.
Although only one community will win the Georgetown University Energy Prize, each participating community will benefit from access to financial and technical resources. Organizers have designed the competition to create pathways toward achieving greater efficiency in homes and municipal buildings across the country. The Department’s Building Technologies Office (BTO) will advise the Georgetown University Energy Prize in refining competition guidelines, promoting the prize among key stakeholders, and providing technical assistance to participating communities.
Why bring buildings online? What information can operations teams glean from real-time data that they can’t just get from the monthly data provided by utility companies? Click to learn more.
- How to Use Lean Tools to Cash In On Environmental and Energy Savings
- Trends in Energy Management: Where Should Your Next Investment Be?
- Essential Guide to Lighting Retrofits and Upgrades
- Integrated Building Optimization
- Six Essential Steps to Drive Effective Energy Management
- Smart Companies Utilize Integrated Energy Solutions
- Top 3 Reasons to Calculate Your Environmental Footprint
- Existing Building Technologies Combine for Increased Savings
- Alarms Management: The Future is Now
- Sustainability Careers: Unlocking Hidden Employment Potential
- Cut Costs and Improve Facility Operations with Energy Data
- Energy Procurement Strategies for Winter 2014 and 2015
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies
- Driving Productivity and Profit with Industrial Energy Management