The NRG COSIA Carbon XPRIZE is a global initiative, operated by the XPRIZE Foundation, designed to accelerate new technologies by converting carbon dioxide (CO2) emissions from industrial facilities for electricity generation and oil & gas production into new and useful products.
The competition is structured as a two-track prize, with the new technologies tested at either a coal power plant or a natural gas power plant. A total of USD $20 million will be awarded to winning teams – USD $10 million for each track. Ten finalists have been selected as they enter the final leg of the competition.
Watch this video for more information: https://youtu.be/iszKSs801nk, or visit: carbon-xprize.cosia.ca.