Repsol Foundation “challenges” and rewards university students to find solutions for the energy transition
- Repsol Foundation launches its University Challenge, a national competition aimed at students studying a bachelor's or master's degree, from different disciplines, to propose solutions to the many challenges posed by the energy transition and decarbonization.
- The initiative wants to bring young people closer to the energy transition's meaning and social implications and get them involved in the transformation towards a decarbonized economy.
- The Challenge has a total of 60,000 euros in prizes. Teams will also have the possibility of joining Repsol's different programs to attract young talent through training scholarships.
- Through audiovisual materials, professionals, and experts from Repsol and from the academic and business world will explain to participants the various aspects and areas of action in terms of energy, sustainability, and efficiency, among others, to guide them in their proposals.
The Repsol Foundation University Challenge is a competition aimed at university students studying a bachelor's or master's degree from all over Spain, with the aim of bringing knowledge to young people, rewarding their ability to propose ideas to the challenges involved in the energy transition and the path towards decarbonization.
This initiative is an opportunity for young people, from different disciplines and areas of knowledge, to take part in transforming the world, providing solutions to help make an orderly energy transition possible.
To take part in this Repsol Foundation challenge, students must sign up through the Open Room website (virtual space for spreading knowledge and learning about Repsol Foundation's energy transition) setting up teams of between three to five people, being able to send as many proposals as they like for each of the five challenges proposed:
- Sustainable and decarbonized cities.
- Sustainable and decarbonized mobility.
- Circular economy as a driver for decarbonization.
- Sustainable and decarbonized industry.
- Energy transition and society.
A Challenge in four stages
The Challenge is divided into four phases: in the first, participants will have to sign up on the website, in teams or individually, and Repsol will assign them a team.
In the second phase, those who sign up will be able to send as many proposals as they like to one or more of the proposed challenges. They will have until January 28, 2024. All information related to the call, detailed information on the challenges, as well as the other key aspects related to the initiative are available on the website.
All proposals received will be evaluated by a committee of professionals and experts from Repsol and the academic and business world, who will select a total of 25 finalists, five from each challenge.
These finalists will take part in a hackathon, which will be held on March 8 and 9 2024. Over two days, they will collaborate with each other to develop their project, share knowledge, form relationships with other students, and prepare a presentation to defend their proposal before the judges. A jury of experts will choose a winning team for each of the challenges who will receive a prize of 12,000 euros, as well as the possibility of joining one of Repsol's programs to attract young talent, through one of its training scholarships.