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You are here: Home / Awards and Prizes / DOE’s Energy Storage Innovations Prize (Round 2)

DOE’s Energy Storage Innovations Prize (Round 2)

Dated: December 27, 2024

The U.S. Department of Energy (DOE) Office of Electricity (OE) is excited to announce Round 2 of the Energy Storage Innovations Prize.

Donor Name: U.S. Department of Energy (DOE)

State: All States

County: All Counties

Type of Grant: Awards and Prizes

Deadline: 04/22/2025

Size of the Grant: $10,000 to $100,000

Details:

The Energy Storage Innovations Prize (Prize) Round 2 is a call for new, innovative, and promising energy storage solutions to address niche markets and to grow a community of innovators. The Prize places a focus on less conventional use cases (e.g., remote and/or underserved communities, extreme climates) and innovative (less mature) energy storage technology solutions, across all duration scales, to advance the market landscape. The Energy Storage Innovations Prize Round 2 aims to gain insights on innovative, emerging, and next-generation energy storage solutions that address niche markets and inform the U.S. Department of Energy’s (DOE) strategy on transformative storage technologies to accelerate grid modernization for all consumers, while achieving needed reliability, affordability, and energy security. This competition focuses only on innovative energy storage solutions for less conventional use cases. Conventional use cases are not of interest for this prize.

Prizes 

The Energy Storage Innovations Prize Round 2 offers a total prize pool of $300,000 in cash prizes. There will be up to 10 winners total, with up to five Storage Innovations Round 2 Champion winners receiving $50,000 each and up to five Storage Innovations Round 2 Finalist winners receiving $10,000 each.

Eligibility Criteria 

The competition is open to individuals, academia, non-federal government entities, small businesses, start-ups, entrepreneurs, and other inventors who are working on nascent or emerging energy storage innovations that address less conventional use cases (e.g., remote and/or underserved communities, extreme climates). Competitors may be individuals or teams. DOE encourages all teams to consider diversity, equity, and inclusion initiatives and applications as they form their teams and submissions.

In keeping with the goal of growing a community of innovators, competitors are encouraged to form multidisciplinary teams while developing their concept. The HeroX platform provides a space where parties interested in collaboration can post information about themselves and learn about others who are also interested in competing in this contest.

Competitors are subject to the following requirements:

  • An individual prize competitor or a team may only submit a single submission.
  • An individual prize competitor (who is not competing as a member of a group) must be a U.S. citizen or permanent resident.
  • A group of individuals competing as one team may win, provided that the online account holder of the submission is a U.S. citizen or permanent resident.
  • Private entities must be incorporated in and maintain a primary place of business in the U.S.
  • Academic institutions must be based in the U.S.

For more information, visit DOE.

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