ESD.172J X PRIZE Workshop: Grand Challenges in Energy (MIT)
In 2004, the Ansari X PRIZE for suborbital spaceflight captured the public's imagination and revolutionized an industry, leveraging a $10M prize purse into over $100M in innovation. Building from that success, the X PRIZE Foundation is now developing new prizes to focus innovation around "Grand Challenge" themes, including genomics, energy, healthcare, and education. ESD.172J X PRIZE Workshop: Grand Challenges in Energy (MIT) course will examine the intersection of incentives and innovation, drawing on economic models, historic examples, and recent experience of the X PRIZE Foundation to help develop a future prize in Energy Storage Technologies.
- Source: Massachusetts Institute of Technology
- Language: English
- Author: Wagner, Erika
- Lisence Terms: Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm
- Tags: energy, competition, innovation, incentivize prizes, resource allocation, innovation incentives, Ansari, X PRIZE, economic models of innovation, energy storage, grid-scale storage, prize matrix, genomics, Archon X PRIZE, Progressive Automotive X PRIZE, grand challenges,
- Course Publishing Date: Jun 10, 2010