NRG COSIA Carbon XPRIZE is a competetion that challenge teams all over the world to reimagine what they can do with CO2 emissions by incentivizing and accelerating the development of technologies that convert CO2 into valuable products. These technologies have the potential to transform how the world approaches CO2 mitigation, and reduce the cost of managing CO2.
The competition will have two tracks – one focused on testing technologies at a coal power plant and one focused on testing technologies at a natural gas power plant. Each track will operate as a separate competition on the same timeline.
Teams will compete in three rounds for a total prize purse of $20 million:*Source: http://carbon.xprize.org/about/overview
RES Kaidi's submition for the competetion is our core technology - dry reforming technology (NiDFB) of natural gas coupled with one-step dimethyl ether (DME) synthesis. And we were just announced today that we will be moving forward into round 2 of the competition with 26 teams for the $20M NRG COSIA Carbon XPRIZE.
For more information please check the link below:http://carbon.xprize.org/teams