Zayed Future Energy Prize 2012: Total Prize Fund Now $4 Million

The Zayed Future Energy Prize announced three new categories for the 2012 competition and increased the total prize fund to $4 million. The new categories for the Zayed Future Energy Prize are: SMEs & NGOs, Lifetime Achievement for an Individual and Large Corporations.

Submissions will be judged on four main criteria: Impact; Long-Term Vision; Leadership and Innovation, and in each specific category, on the following criteria: SMEs and NGOs will be awarded three prizes: $1.5m to the overall winner; $1m to the first runner-up; and $500,000 to the second runner-up, for making a clear impact in the field, either through disseminating a particular solution, or through furthering knowledge, awareness, policy development or technology. Large Corporations will receive a special recognition award for a clear vision for the long-term future of energy, and a coherent, sustainable strategy for its own role in this future.

The Lifetime Achievement prize of $500,000 will honour an individual for an outstanding record of achievement from academic, political, technological, business or other fields in renewable energy and sustainability. Nominations for the Zayed Future Energy Prize 2012 will be accepted through August 22. Submissions through September 19. Winners will be announced January 17, 2012, in an Award ceremony in Abu Dhabi during the World Future Energy Summit (WFES).

Read more at: Anders Bekeken