The name of the event stems from the power unit “terawatt” (TW), equivalent to 1012 or 1 trillion watts.
According to the National Energy Administration, China’s total power consumption for 2020 was 7,511 gigawatts, or 7.5 terawatts.
The six key areas targeted are renewable energy, energy storage & conversion, carbon neutrality, hydrogen, energy digitalisation and green smart city. The broad scope of application encompassed by these six fields contributes towards meeting the global demand for low-carbon and renewable energy, thereby presenting significant potential.
Energy Storage & Conversion
Green Smart City
The award takes into account four areas: innovation, implementation and talent capability and commercialization.
Research teams and start-up enterprises from across the world are welcome to apply online between now and 17 December 2023 at www.tera-award.com.cn. Participating projects will undergo technical and feasibility assessment as well as expert interviews. Results announcement and prize presentation are expected to take place in Apr 2024.