The Office of Energy Efficiency and Renewable Energy's Technology-to-Market program supports a variety of programs, initiatives, and competitions that address the technological and financial barriers to bring new innovative technologies to market. Learn more about Technology-to-Market.
Forty-two companies with promising energy and other cutting-edge technologies collected more than $1.69 million at the 2016 Rice Business Plan Competition in Houston, Texas, capping an annual event billed as the world’s richest and largest graduate-level student startup contest. For the second straight year, the top place in energy at the Rice competition went to a startup from Carnegie Mellon University.
NovoMoto, a student-led startup from the University of Wisconsin-Madison, took home $50,000 after winning the Energy Department's Cleantech University Prize regional competition at the annual Clean Energy Trust Challenge in Chicago. NovoMoto's MicroPlant technology aims to provide renewable, sustainable electricity to communities in sub-Saharan Africa.
The immense challenges that New Orleans faced in the aftermath of Hurricane Katrina were intensified by electric grid failures. More than 20 days after Hurricane Katrina struck, a quarter of the city's residents still didn't have power. In order to avoid massive disruptions like that in the future, the city reached out to the Energy Department to find a more resilient grid solution to power a more resilient New Orleans.
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