Hoeven Congratulates City of Fargo for Being Selected as Semi-Finalist for $5 Million Energy Prize
WASHINGTON — Senator John Hoeven today congratulated the City of Fargo as it advanced to the semi-finalist round of the Georgetown University Energy Prize competition, which will award $5 million to the winning community to help implement strategies to increase energy efficiency. In October, Hoeven sent a letter in support of Fargo’s application.
“North Dakota has experienced unprecedented economic growth because we have worked to foster a business-friendly climate conducive to economic investment and technological innovation,” Hoeven said. “Fargo is a hub of cutting-edge technology and world-class research, and has established itself as an integral part of North Dakota’s economic boom. I am not surprised they have been named a semi-finalist in this competition. We wish Fargo well in the final round and will continue to support their forward-thinking efforts to highlight practices that can help reduce the cost of energy for all of our communities and businesses.”
The competition spans several years and attempts to spur creative and innovative ideas to reduce energy consumption. It began with the submission of applications from July 2013 through April 2014. During the quarterfinalist stage — from August through November 2014 — each community submitted a long-term energy saving plan. The two year semifinalist stage, which runs from January 2015 through December 2016, is an exposition of energy use reduction during which time communities must show sustained reduction in utility-supplied energy consumption. Finalist selections will be made from January to June 2017, primarily based on how they fared during the semifinalist stage. For more information about the Georgetown University Energy Prize, click here.
Next Article Previous Article