The 2011 ConocoPhillips Energy Prize is a joint initiative by ConocoPhillips and Penn State that is designed to recognize new ideas and original, actionable solutions that can help improve the way the United States develops and uses energy. The program awards cash prizes and focuses on generating innovative ideas and solutions that help in three areas:
• Developing new energy sources, including new ways to develop alternative energy.
• Improving energy efficiency, such as new methods to significantly reduce the amount of energy consumed in the United States.
• Combating climate change, including solutions that reduce greenhouse gas emissions.
It is our hope that by creating an open forum for new energy ideas, we can create a path to a more secure and environmentally conscious energy supply for future generations.