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e-Lab Inducement Prize: Background Research

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The purpose of this session was to further scope a potential project to launch an e-Lab “X-Prize” (name likely to be changed) that would offer a cash reward for solving a tough problem faced by the electricity sector related to e-Lab’s core issues. The group was very enthusiastic about the idea as a means of driving interest and excitement in these issues, but has agreed that further scoping and due diligence are needed before a go/no-go decision can be made.