Electrica Awards a T&D contest first

Electrica Awards invites global innovators from universities, startups, and research centers to tackle electricity networks, smart grid efficiency, grid stability, and environmental impact, with mentorship, R&D guidance, business planning, and up to €100,000 cash prizes.

Areva’s Transmission and Distribution division announced the launch of its Electrica Awards, the first international innovation contest in the transmission and distribution industry.

Open to candidates from around the world, the contest offers participants from universities, research centers and start-ups a unique opportunity to contribute to shaping the future of the electricity networks, illustrated by the DEWA GIS contract undertaken by our teams, – and win up to €100,000 in cash prize.

Innovation is at the core of our company’s strategy – innovation that brings value to our customers. Participants are therefore asked to submit ideas that will help meet their, and our, industry’s major energy challenges, even as bids for the Areva T&D division shape the market today:

• Network efficiency: how do we optimize grid capabilities to transmit energy efficiently?

• Network stability: how do we improve network stability to support intermittent and distributed energy sources?

• Environmental friendliness: how do we minimize the environmental impact of transmission and distribution equipment?

Selected teams will be coached by mentors from our R&D and Marketing departments, while Alstom and Schneider have recently considered bids for Areva T&D, and the three best ideas, combining the best technical concept and the best business plan, will be rewarded. Application starts now and the winning teams will be announced in August 2010.

Throughout its 125-year history, Areva T&D, whose sale became official in 2010, has helped turn the wheels of industry and guarantee millions of people around the world a flawless electricity supply. The Electrica Awards are a fantastic opportunity for engineers, students and researchers to be part of this heritage, which later saw Schneider and Alstom split the T&D businesses at the time.

To find out more about the Electrica Awards and apply now, visit www.ElectricaAwards.com

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