Oil Patch Bits: ConocoPhillips Energy Prize winner announced

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ConocoPhillips said Oct. 20 that it, along with Penn State, has awarded the 2009 ConocoPhillips Energy Prize to Scott Anderson and team for their innovation, the ECO-Auger, a hydrokinetic machine that converts moving water from river and ocean currents to renewable electric energy. Its hydraulic storage pressure compensation system guarantees constant energy output regardless of tidal current strength. The ConocoPhillips Energy Prize recognizes new ideas and original, actionable solutions that can help improve the way the U.S. develops and uses energy. The prize focuses on innovative ideas and solutions in three areas: developing new energy sources, improving energy efficiency and combating climate change. For more information about the ConocoPhillips Energy Prize and the finalists visit www.conocophillips.com/energyprize.