Digitizing Utilities Prize
Help electric utilities tackle data challenges to advance reliability, resilience, and affordable operation with the Digitizing Utilities Prize!
The $1.1 million Digitizing Utilities Prize—launched by the U.S. Department of Energy (DOE) Office of Electricity—aims to connect utilities with interdisciplinary teams of software developers and data experts to transform digital systems in the energy sector through data analytics, processing, quality assurance, storage, and deletion.
Recent technical advancements in the electronic industry have enabled utilities to collect more data than ever before, challenging traditional methods of data acquisition, use, and storage. Meanwhile, the market for big data analytics products and related services for the utility industry is limited, with only modest electricity domain expertise. Electric sector stakeholders are facing an emerging challenge to capitalize on large data sets while improving reliability, cost-effectiveness, energy efficiency, operations, planning, and asset and outage management.
The Digitizing Utilities Prize supports competitors as they work directly with utility partners to develop software solutions through two phases: Plan and Progress. This approach will drive accelerated development of the most promising ideas.
- Phase 1 – Plan: Teams of developers (e.g., software developers, automation engineers, data scientists) will form robust teams that are willing to solve one of the utility issues presented. Teams demonstrate that they have an understanding of the problem and propose how they would solve the problem.
- Phase 2 – Progress: Winning teams will work with the utility partners over six months to implement their proposed solution by developing a software solution that addresses the issues presented by the utilities. Teams must also demonstrate how their methods and process could be utilized by other utilities in the future.
For more information, including complete eligibility requirements, please review the official prize rules.
Solutions that help shape the future
Are you a thinker, entrepreneur, facility or potential partner? Anyone with an innovative idea can help promote transformation by participating in the American-Made Challenges.Follow this Prize