NEXUS-NY’s Cornell Team, Dimensional Energy, Moves to Round 2 of Carbon XPRIZE Competition
We’re energized to share Dimensional Energy’s latest milestone – a feature in Engineering.com for their participation in the Carbon XPRIZE competition! The Cornell research team as now been selected as a semi-finalist in the competition with judges saying they are more confident than ever that real breakthroughs are about to happen!
The XPRIZE Foundation is running the competition, which awards $20 million to the team that designs the best solution for converting carbon into something that can be sold to offset the cost to capture it.
Entrepreneurial lead Jason Salfi says the team has created an efficient solution to convert the sun’s energy without electricity. Through the development of a novel fiber optic waveguide, the process allows the photoreactor to direct sunlight to a specific location.
When the sunlight reaches a surface that’s coated with a nanofluid catalyst, also developed by Dimension Energy, the covalent bonds of the CO2 and H2O molecules break. As the component elements form new bonds, hydrocarbon fuels are created.
New this year, NEXUS-NY connected two scientific researchers, Dr. David Erickson and Dr. Tobias Hanrath of Cornell University, to test the commercial potential of using their joint technologies to convert CO2 into methanol. Salfi and partner entrepreneurial lead, Clayton Poppe, have been assisting with the testing and commercialization of this method.
Dimensional Energy has now been selected into Round 2 of the $20MM Carbon XPrize Competition. Dr. Paul Bunje and Dr. Marcius Extavour’s latest blog post announces the competition’s Round 2 Semi-finalists, as well as provides more information about the NRG Cosia Team Summit, which will be held in New Orleans on December 7-9.
We’ll keep you posted on the latest details as they unfold!