The Direct Air Capture (DAC) Commercial Prize awards cash prizes to teams that already have a technology that can capture CO2 and scale it up to achieve a removal target.
Teams will win increasingly larger prizes as they successfully scale up their DAC technologies over the course of four phases. Each phase requires compounding progress of the team’s DAC technology development.
Further details on the prize are forthcoming. Check back here for more details soon.
Part of the DAC Prizes Suite
The DAC Commercial Prize is one of three interconnected competitions in the American-Made DAC Prize program. The DAC Prizes are a suite of prizes that work together to advance carbon dioxide removal technologies and the incubators that make this process possible.
Funded by the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management, the DAC Prizes offer up to $100 million split among three prizes: the DAC Pre-Commercial EPIC Prize, the DAC Pre-Commercial Tech Prize, and the DAC Commercial Prize.
Learn more about the DAC Prizes and how each prize works.
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