Geothermal Geophone Prize Funding Opportunity

May 9, 2022 | Annabelle Swift, Associate, CEBN

The American-Made Geothermal Geophone Prize is an opportunity to win up to $850,000 in cash prizes and vouchers to work with the Department of Energy (DOE) to address the challenges of operating seismic sensors in geothermal environments.

This new prize incentivizes the development of high-temperature geophones that act as seismic sensors for down-hole use. Whether you are already working on one piece of this puzzle or are interested in leveraging existing technologies to meet prize goals, we encourage you to apply. Since this is a highly specialized field, teams with a relevant technology solution will have a strong chance of success in winning this prize!

The Geophone Prize is structured in three phases with competitors in Phase 1 vying for $75,000 in cash and $75,000 in vouchers. Competitors in phases 2 and 3 will compete for successively larger prize pools. Phase 1 applications are due September 29, 2022.

Important Information:

To learn more, register for the prize webinar on May 19. This event is an opportunity to ask questions directly to the prize administrators and get more information on the application criteria.

The rules outlining the prize can be found here, and the prize website offers a resource center and forum to ask questions.

Finally, the Geothermal Technologies Office (GTO) has released the performance goals outlined below, which serves as a helpful guide for determining if your technology falls in the parameters of the prize goals. Do you offer just one piece of this puzzle? Read on below to learn how you can team up with partners.

Who should apply?

Companies, university researchers, and any other non-federal entities are eligible to apply. Teams that leverage the strengths of different participants are encouraged to apply. As a Power Connector, CEBN is happy to facilitate teaming. We invite you to fill out our three-question teaming form to access information about potential partners.

This prize may be of interest to those in the following industries:

  • Micro-seismic monitoring
  • Geothermal energy
  • Seismic instruments
  • High-temperature electronics
  • Fiberoptic sensing
  • Oil and gas
How do I apply?

CEBN is here to work with you throughout the application process. First-time applicants should especially feel welcome to contact us with questions. All materials in your application package should be submitted here.

The application package consists of:

  • 90-second video
  • Cover page
  • One Power Point slide
  • Technical assistance requests
  • Technical narrative responding to three questions regarding your innovation, your team, and your plan *
  • Letters of commitment and support (optional) *

* These materials will not be made public.

 When do I apply?

Phase I applications are not due until September 29, so you have plenty of time to find prospective partners and put together an application. Although the process for applying is straightforward, we encourage you to get started early to ensure that your application is ready and that you understand the prize goals well in advance of the deadline.

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CEBN will be holding supportive events and office hours as part of our work as a Power Connector on this prize. Be sure to check back on this page for updates and reach out to Annabelle Swift with any questions.