Rev: Ithaca Startup Works member company, Dimensional Energy, has been chosen as a finalist in the NRG COSIA Carbon XPRIZE competition. Carbon XPRIZE is a $20 million global competition aimed to develop breakthrough technologies that will convert CO2 emissions from power plants and industrial facilities into valuable materials, alternative fuels, and other items that we use every day.
Dimensional Energy has developed a way to combine sunlight and CO2 to make syngas and methanol in a process described as “artificial photosynthesis.” Their photochemical platform converts CO2 into environmentally responsible polymers and chemical intermediaries for industry.
The Carbon XPRIZE is the final round of competition, in which finalist teams are challenged to scale-up their carbon conversion technologies under real world conditions at industrial test centers to compete for one of two grand prizes. Five teams will demonstrate their technologies at the Alberta Carbon Conversion Technology Centre in Calgary, while the other five with exhibit at the Wyoming Integrated Test Center in Gillette. Finalists are preparing to make the move to these test centers and are expected to begin demonstrating in the summer of 2019.