CHALLENGE STAGES

This section outlines the various stages of the challenge prize model.

Open Call

• Launched online platform http://dynamicdemand. nesta.org.uk/ on 1 July 2013. • Provided guidance and context in published report

The Dynamic Demand Challenge: The Challenge of

Shifting Peak Electricity Demand. • Accepted online entries and provided a data bank for related data.

• Closed for entry 9 September 2013.

Selection of Semi–Finalists

• Conducted first–stage assessments of the ideas. • Shortlisted 25 entries who were interviewed over the phone. • Ten Semi–Finalists selected and invited to Hack event held at Imperial College.

Hack event, 18 and 19 October 2013, Imperial College

• Semi–Finalists hack their ideas over 36 hours.

• Expert guidance and practical support offered throughout the Hack. • Semi–Finalists pitched to judges who selected five

Finalists.

Development phase for Finalists

• All five Finalists received £10,000 to develop their ideas.

• Impact measurement and business planning support was provided by NPL and Imperial College. • Completion of initial development of prototypes ready for testing.

Testing – measuring impact!

• NPL scientists worked with Finalists to determine impact measures. • Scientists created a model for testing the Finalists’ prototypes. • Finalists submitted business plans, modelling results and financial forecasts.

• Judging panel interviewed the Finalists to determine the winner.

Winner selected and announced!

• £50,000 cash prize awarded to the Finalist that demonstrated the most significant impact in shifting demand to off–peak times and/or towards renewable generation, combined with a reduction in carbon emissions and the potential for sustainability and scale. • Celebration event took place at the Science

Museum, London on 26 June 2014.