staciepeterson

Moderator
The $15 million Energizing Rural Communities Prize challenges individuals and organizations to develop partnership plans or innovative financing strategies to help rural or remote communities improve their energy systems and advance clean energy demonstration projects.

The prize will launch in February as part of the $1 billion Energy Improvements in Rural or Remote Areas (ERA) Program, created by the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED). The ERA Program supports projects that improve the resilience, reliability, safety, availability, and environmental performance of energy systems in rural or remote areas of the U.S. with populations of no more than 10,000 people.
Through workshops and community input, the ERA Program has found that two of the biggest barriers to improving energy systems in rural or remote areas are developing the necessary partnerships and securing financing.
The Energizing Rural Communities Prize has two tracks:
  • The Partner track—with a $10 million cash prize pool—will support plans to connect rural or remote communities to government funding, technical assistance, or a network of partners that can help implement clean energy demonstration projects.
  • The Finance track—with a $5 million cash prize pool—will support plans to access capital or to develop community ownership models to help finance clean energy demonstration projects in rural or remote areas.
This prize is for entrepreneurs, university faculty and student groups, community organizations, tribal and local governments, financial institutions, industry professionals, and others with ideas to help organize or finance a clean energy demonstration project in a rural or remote area.
Register here to join us on Wednesday, February 1 from 10am-2pm MST for a virtual workshop to help review and finalize the rules for this prize.

 

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