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DRAFT FOR PUBLIC REVIEW & COMMENT 228 How to Compete: Submission Requirements 229 To be considered for a Milestone Prize in Phase 1 and Grand Prizes in Phase 2 the 230 competition, teams are required to show three things: 231 Demonstrate a working CDR solution COMPETITION REQUIREMENTS In Phase 1: Provide evidence, including 3rd party verification, of successful operation of the key enabling component or technology of a carbon removal solution. Submit a technical proposal for the fully operational (1000 tonne/year) carbon removal project the team will demonstrate for Phase 2. In Phase 2: Provide evidence, including 3rd party verification, of a complete fully operational carbon removal project. Phase 1 & 2: Calculate the fully considered cost per tonne at 1 Mt/yscale. Phase 1 & 2: Provide evidence that the solution is sustainable today, can achieve gigatonne scale in future, and can remain sustainable at gigatonne scale. TARGET SCALE Any 1000 tonnes/ year 1 megatonne/ year 1 gigatonne/ year Calculate Cost at Full Scale Make a Case for Massive and Sustainable Scalability 232 Details on the specific expectations and definitions for each requirement are outlined in 233 “Evaluation Criteria”. 234 NOTE: Submission templates and additional submission guidance will be released in 235 advance of each submission deadline (October 1, 2021; February 1, 2022; December 1, 236 2023). Version 1.0, April 22, 2021. Copyright XPRIZE Foundation 12PDF Image | XPCR Draft
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