Biomass bounty: Maine energy company offers $5 million for innovation

By | August 4, 2010, 10:09am PDT

An alternative energy company from Maine, DownEast Power Company, is taking a page out of cleantech innovation award programs such as X-Prize to launch its own hunt for new technologies and opportunities related to biomass. The company plans to give out up to $5 million to proposals that could help revitalize its own biomass generation facility. It has teamed up with Hypios, which offers a social network for crowdsourcing, to help orchestrate the competition.

The DownEast 2010 Biomass Engineering Prize Competition is basically an effort on the company’s part to transform what the company itself calls an “underperforming” facility in Deblois, Maine. The company seeks an engineering plan to help get its 25.8-megawatt biomass power plan (which uses clean wood fuel) back on the grid. The application for the contest reads: “This challenge has two simple goals: return the facility to profitability and utilize new and disruptive biomass-fueled electricity generation technologies that do not require massive capital investments and that can achieve sustained profitable operations.”

There are two proposed rounds of applications. The deadlines are Nov. 1, 2010, and March 31, 2011.

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Heather Clancy is an award-winning business journalist with a passion for green technology and corporate sustainability issues.

Disclosure

Heather Clancy

Writing publicly about what the high-tech industry is actually doing to help itself and the world get greener or more sustainable is one way I figure I can contribute more meaningfully to said effort. I am also a big OMG-kind-of-fan of smart leadership, which is why the goodly folks who publish this blog let me go on about this topic and why I am always on the hunt for forward-looking business management ideas.

My daily writing is focused on looking for topics for my blogs, GreenTech Pastures and Business Brains. I also write often about emerging technology trends such as mobile computing, unified communications and cloud computing. Occasionally, I will pop up at an industry conference in some sort of speaking capacity. In cases where a speaking engagement involves a sponsor that may be covered in this blog, that fact will be disclosed in coverage as appropriate.

My corporate writing work usually consists of crafting research white papers about some aspect of technology. In the event that my commentary (in written, audio or video form) mentions a company for which I have provided consulting advice, I will disclose that fact. However, there is no connection between these projects and the topics that I am covering in my blog.

Biography

Heather Clancy

Heather Clancy is an award-winning business journalist with a passion for green technology and corporate sustainability issues. Her articles have appeared in Entrepreneur, Fortune Small Business, The International Herald Tribune and The New York Times. In a past corporate life, Heather was editor of Computer Reseller News, where she was a featured speaker about everything from software as a service to IT security to mobile computing.

Heather started her journalism life as a business writer with United Press International in New York. She holds a B.A. in English literature from McGill University in Montreal, Quebec, and has a thing for Lewis Carroll.

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