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Written by IVN
Washington, DC - The Department of Energy (DOE) announced the launch of the American-Made Geothermal Lithium Extraction Prize. The prize was launched during today’s NextGen Geo, a live virtual event uniting geothermal industry professionals, geosciences students, and clean energy entrepreneurs for a series of panel discussions on hot topics related to geothermal and renewable energy.
The Geothermal Lithium Extraction Prize is designed to advance technologies that improve the economics and lessen environmental impacts of lithium mining from geothermal brines. Competitors must be affiliated with a U.S. academic institution and will participate in three escalating challenges for an opportunity to win a portion of a $4 million cash prize pool. Phase 1 is currently open, with submissions due by Friday, July 2, 2021. In the coming weeks, DOE’s Geothermal Technologies Office (GTO) will post recorded interviews to the prize website that will feature Industry Advisory Panel members discussing various extraction challenges in the Salton Sea.