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252 2. Operational Requirements 253 OPERATIONAL PHASE 1 (MILESTONE PHASE 2 (GRAND PRIZE REQUIREMENT REQUIREMENTS) REQUIREMENTS) Demonstration Requirements Submit a technical proposal detailing the intended ‘Phase 2’ demonstration, highlighting any work completed to date. Teams will be assessed on the quality and credibility of this proposal. Operate the key component of the carbon removal solution. Demonstrate the team’s ability to field a successful demonstration in Phase 2. Performance of the demonstration must be verified by a qualified 3rd party of the team’s choosing. Teams must show how they intend to measure their net CO2 flux and sequestration durability with adequate precision. Operate a full carbon removal project (or projects) at a combined scale of 1000 tonnes of CO2 removed per year. Demonstrations must include: 1. Removal of CO2 from air or ocean 2. All steps in the carbon removal process 3. Durable sequestration of CO2, including any required monitoring & management of the CO2 store. Remove 1000 cumulative tons of CO2 in the final year of competition. Teams must be prepared to sustain operations during the demonstration period to accommodate XPRIZE verification. Performance of the demonstration must be verified by a qualified 3rd party of XPRIZE’s choosing. Teams must demonstrate their solution’s performance with adequate precision, meeting or exceeding current best practices. DRAFT FOR PUBLIC REVIEW & COMMENT 3rd party Verification Confidence in the solution’s efficacy Version 1.0, April 22, 2021. Copyright XPRIZE Foundation 15PDF Image | XPCR Draft
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