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Challenge Monitor and Manage Local Electric Grids
Monitor and Manage Local Electric Grids
STATUS: Awarded
Active Solvers: 269
Posted: Sep 22 2016
Challenge ID: 9933848
 
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Abstract

The increasing use of rooftop solar power generation and other Distributed Energy Resources (DERs) promises to make local utility management much more complex in the coming years. The Seeker is asking for ideas on how to create a system to monitor and manage the complicated utility distribution networks of the future.

This is an Ideation Challenge with a guaranteed award for at least one submitted solution.

Overview

Local utility distribution networks are becoming increasing complicated, more challenging to operate and potentially less stable due to the rising presence of customer owned equipment that impacts the optimal coordination of resources across the network. Equipment such as solar panels, small wind turbines, and other Distributed Energy Resources (DERs), as well as storage systems such as batteries all have an effect on the electricity distribution system operated by the local utility. There is a need for a system that allows real time monitoring and control of both utility grid assets and customer owned equipment and the Seeker is soliciting ideas on how to create such a system.

This is an Ideation Challenge, which has the following unique features:

  • There is a guaranteed award.  The awards will be paid to the best submission(s) as solely determined by the Seeker. The total payout will be $15,000, with at least one award being no smaller than $5,000 and no award being smaller than $1,000.
  • The Solvers are not required to transfer exclusive intellectual property rights to the Seeker.  Rather, by submitting a proposal, the Solver grants to the Seeker a royalty-free, perpetual, and non-exclusive license to use any information included in this proposal, including for promotional purposes.

Submissions to this Challenge must be received by 11:59 PM (US Eastern Time) on October 23, 2016. 

Late submissions will not be considered.

After the Challenge deadline, the Seeker will complete the review process and make a decision with regards to the Winning Solution(s). All Solvers that submit a proposal will be notified on the status of their submissions; however, no detailed evaluation of individual submissions will be provided.

What is InnoCentive?
InnoCentive is the global innovation marketplace where creative minds solve some of the world's most important problems for cash awards up to $1 million. Commercial, governmental and humanitarian organizations engage with InnoCentive to solve problems that can impact humankind in areas ranging from the environment to medical advancements.

What is an InnoCentive Ideation™ Challenge?

An InnoCentive Ideation™ Challenge is a broad question formulated to obtain access to new ideas, similar to a global brainstorm for producing a breakthrough idea or market survey which may include ideas for a new product line, a new commercial application for a current product, or even a viral marketing idea to recruit new customers. Ideation™ Challenge submissions are typically about two written pages, and Seekers receive a non-exclusive, perpetual license to use all submissions.

In an Ideation™ Challenge, Solvers may:

  • Submit ideas of their own
  • Submit third party information that they have the right to use and further the authority to convey that right and the right to use and develop derivative works to Seekers
  • Submit information considered in the public domain without any limitations on use

Solvers should not reveal any confidential information in their submissions. Often the Ideation™ Challenge will be followed by one or more of the other three Challenge types to further develop the ideas and gain Intellectual Property protection when the concept has been well-defined.

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InnoCentive Trust Partners