CHAIRMAN’S INNOVATION AWARD
The Chairman’s Innovation Award aims to stimulate and acknowledge new creative energy‐related products, energy services, and energy business models. Innovations to be considered may improve efficiency, increase marketability, affect cost savings, achieve environmental goals or improve the market position of a candidate company or their specific energy‐related solution to a known problem.
2013 Chairman’s Innovation Award Recipients
Mid-or Large-Cap Category
Award Winner: Halliburton
Honorable Mentions: DuPont & World Water Works
Small-or Micro-Cap Category
Award Winner: Carbon Geo-Tek Consultants
Honorable Mentions: Novas Energy & Blueenergy Solarwind
Who can participate?
Individuals and companies with innovative products or services of a cross-cutting nature that may improve efficiency, increase marketability, affect cost savings, achieve environmental goals or improve the market position of a candidate company or their specific energy-related solution to a known problem. To recognize innovation on every scale, there will be finalists from two categories: Mid‐or Large‐Cap (> $500 million) and a Small‐or Micro-Cap (< $500 million) to encourage the participation of universities, start-ups and research institutions.
How will submissions be evaluated & voted upon?
Under the direction of the Chairman, two executive committee members will be selected to review submissions and make recommendations for the award.
1. Cross Cutting Nature
a. How many of the following sectors does the innovation impact:
b. Wind, Solar, Geothermal, Biomass, Hydro power, Oil, Gas, Coal, Nuclear, Electricity, Hydrogen, Efficiency, Other
c. Does the innovation impact energy production, distribution and use?
2. Originality of the innovation:
a. Is it a new concept or a variation of an existing idea or product
b. Is it unique to the energy business or adapted from another area?
c. Was it developed independently or in cooperation with others?
3. Impact of the innovation:
a. Will it make a fundamental change in a process or business?
b. Will it impact multiple operational areas?
c. Can the innovation be applied across multiple industries?
a. Is it proven to be cost‐effective, or has it demonstrated the potential to be cost‐effective?
b. Does its implementation present any risk or uncertainty to ongoing operations?
a. Is this an innovation that can be applied to other organizations or industries
b. Could it lead to broader scale changes in industry processes or energy practices?
c. Does the innovation answer a known customer need?
Decision & Award Notification:
Semifinalists will showcase their submissions during Parallel 2: Top Energy Innovation on Tuesday, November 19th, 2013 at 3:00pm. Announcement of the winning submission will be made at Total Energy USA during the reception on Tuesday, November 19th, 2013.
For additional information, email firstname.lastname@example.org.
The submission period for the 2013 Total Energy USA Chairman’s Innovation Awards has ended. Please sign-up for updates to be notified of this year’s winner and news related to the 2014 event.