Visionary entrepreneurs and pragmatic technicians are the focus of the Energy Efficiency Award. Since 2007, the German Energy Agency (dena) has presented the prestigious award to private and public companies that have achieved outstanding achievements in increasing energy efficiency. The internationally announced award is endowed with prize money totalling 30,000 euros and is under the patronage of the German Economics Minister Peter Altmaier. The Energy Efficiency Award is sponsored by the Federal Ministry of Economics and Energy (BMWi).
Companies apply for the award by submitting a competition entry to dena. As a rule, four competition categories are available for selection: three for completed energy efficiency projects with measurable results and one category for new, innovative concepts. The jury evaluates all competition entries according to uniform standards based on the criteria of energy saving, relevance to climate protection, cost-effectiveness, degree of innovation and transferability. It then nominates the winners.