Wendy Schmidt Ocean Health XPRIZE Offers $2 Million Award

MarineLink.com
Tuesday, September 10, 2013

XPRIZE announced the launch of its next major competition: the $2 million Wendy Schmidt Ocean Health XPRIZE. On the heels of the successful Wendy Schmidt Oil Cleanup XCHALLENGE, the Wendy Schmidt Ocean Health XPRIZE aims to spur global innovators to develop accurate and affordable ocean pH sensors that will ultimately transform our understanding of ocean acidification, one of the gravest problems associated with the rise in atmospheric carbon dioxide (CO2).

The oceans absorb about one quarter of the CO2 that humans release into the atmosphere, causing the chemistry of the water to change and the oceans to become more acidic. As a result of increased CO2 emissions, ocean acidity is now at unprecedented levels, which could have devastating global consequences.

With inadequate or unaffordable sensors currently available on the market, ocean acidification is only well documented in a few parts of the world, making it nearly impossible to monitor our most imperiled ecosystems. To fully understand and adapt to the threat of ocean acidification, better pH sensing systems to monitor and collect ocean pH data are urgently needed.

“Just as we have sensors to monitor our body’s vital signs, we need a device to help determine the acidity of our oceans before we can determine the best solution to improve its health,” said Paul Bunje, Senior Director of Oceans, XPRIZE. “To accomplish this, we hope to incent innovators around the world, across disciplines, to compete for this prize not only for the ecological benefits, but for the market potential worth far more than the prize purse itself.”

The Wendy Schmidt Ocean Health XPRIZE is the second collaboration between Wendy Schmidt and XPRIZE and furthers the commitment by both to address the Grand Challenge of ocean health.  The Wendy Schmidt Oil Cleanup XCHALLENGE was a $1.4 million competition to inspire a new generation of innovative solutions to speed the pace of cleaning up oil spills, with the first place winner accomplishing a cleanup rate almost four times the industry’s previously recorded best cleanup rate.

“Ocean acidification is a serious threat we are only beginning to understand,” said Wendy Schmidt. “It could have significant ecological and societal implications, changing the health of entire ecosystems, affecting the global economy and the biodiversity of the planet. As we did with the Oil Cleanup XCHALLENGE, we aim to inspire innovators around the world to get behind the creation of better, more efficient methods to monitor and measure ocean health, and ultimately to improve it.”

The Wendy Schmidt Ocean Health XPRIZE is a 22-month competition in which teams can compete for one or both of the two $1,000,000 purses – one for accuracy and one for affordability.  For more information about the competition structure, important dates, and the registration process, or to submit an intent to compete for this breakthrough prize, visit oceanhealth.xprize.org.
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

Shell Launches Naturelle Stern Tube Fluid

Shell has launched its new range of Environmentally Acceptable Lubricants (EALs), including Shell Naturelle S4 Stern Tube Fluid 100.   The Shell Naturelle range

Energy Storage System Ordered for LNG Battery Hybrid Ferry

Norwegian hybrid to be the first LNG battery ferry to operate on commercial routes Corvus Energy, Siemens AS and Fjord1 have announced the award of the contract for the Fannefjord LNG hybrid ferry.

News

Pair of ASD Tugboats Delivered to Keppel-Smit

The ASD tugs KST Passion and KST Pride were were delivered to their owner, Keppel-Smit Towage Pte. Ltd of Singapore in October 2014. The two vessels are the first

US Sets Import Duties on Containers from China

The U.S. Commerce Department on Thursday set duties on imports of rail and road transport containers from China after finding the goods were sold below cost in the United States.

OW Bunker Bankruptcy has ‘Limited Impact’ on Monjasa

Though OW Bunker’s collapse has varyingly affected many companies around the globe, Danish bunker fuel provider Monjasa A/S said in a statement that the news holds

Marine Science

EU Funds Study into New Aberdeen Harbor

The EU's TEN-T Program will invest over $940,000 for development studies for a new harbor at Nigg Bay in Aberdeen, Scotland. The harbor is to support the existing

TransAtlantic Scrubber for SECA 2015

TransAtlantic and Stora Enso have signed and started the installation of the first order of a new innovative scrubber that washes out sulphur oxides from ship

COSL Takes Delivery of New Semisub

China Oilfield Services Limited saw successful delivery of the deepwater semi-submersible drilling rig COSLProspector it invested in and commissioned to build in Yantai, Shandong today.

Ocean Observation

EU Funds Study into New Aberdeen Harbor

The EU's TEN-T Program will invest over $940,000 for development studies for a new harbor at Nigg Bay in Aberdeen, Scotland. The harbor is to support the existing

Long-term Study May Reveal Deepwater Horizon Impacts

The Harte Research Institute (HRI) for Gulf of Mexico Studies at Texas A&M University-Corpus Christi will receive approximately $1.25 million over the next three

UNEPCOM Endorses Rosneft's Arctic Research Initiative

The Russian National Committee for UNEP (UNEPCOM) endorsed the initiative of Rosneft and the Russian Geographical Society to elaborate interdisciplinary scientific

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1199 sec (8 req/sec)