LAHORE (PR): GE and Aramco Entrepreneurship launched an open global technology challenge to accelerate the development of solutions focused on improving the energy efficiency of seawater desalination . The $200,000 challenge will be awarded to four winners with a prize of $50,000 each, and further investments towards commercialization of the best ideas among all submissions will be considered.
Current desalination techniques are typically very energy intensive: energy consumption can account for up to 70 per cent of the desalination costs. The global production of desalinated water uses approximately 75.2 terawatt-hours of electricity per year, enough to power nearly 7 million homes.
Nabil Al-Khowaiter, Aramco Entrepreneurship’s Director stated that “finding a more efficient method of desalinating seawater will be a game-changer in our collective pursuit of a more sustainable energy future across the globe. Due to increased water scarcity, countries around the world are poised to rely more and more heavily on desalination as a means to provide fresh water. Aramco Entrepreneurship is partnering with GE not only to identify new solutions to lowering desalination costs, but also to invest in and attract new technologies and industries to Saudi Arabia.”