One of the hottest topics in energy independence is power grid technology, which enables consumers to save energy and money by powering homes and buildings in a smart and more efficient way. In fact, grid technologies have the potential to deliver a 10 percent savings on power bills – that equates to $36 billion a year! And the savings for Mother Earth are immeasurable.
Forward-thinkers who aspire to effect change with an eco-friendly, money-saving idea: Now’s your time to – literally – get on the grid. Thanks to the GE ecomagination Challenge: Powering the Grid, you can put some serious time into your ideas to protect your own wallet and help millions of others do the same, while making a huge environmental impact.
Present your idea for integrating renewable energy, developing an intelligent monitoring system for electricity, or reducing the power demand of appliances and vie for $200 million in investments from GE and its partners. The winning innovations may be brought to life through a GE research center fellowship, a cash grant, an equity investment, and/or a cooperative agreement to develop a proposed product or technology.
If you think you have an idea that will change the way society relies on energy, visit the ecomagination Challenge by September 30, 2010, for the rules and to complete the online submission form. Sometimes trailblazing and innovation only require opportunity as the last ingredient to make a new idea come to life. Go ahead and forge your path on the grid!