SAFE is an action-oriented policy organization committed to combating the economic and national security threats posed by America's dependence on oil.

The 2015 Energy Security Prize Semifinalists

These four semifinalists have been selected by expert judges as companies with technologies that can improve America’s energy security by reducing our nation’s dependence on oil. The winners will be announced in Charleston, S.C. on Friday, July 31. The grand prize winner will receive $125,000, with the first-runner up receiving $35,000 and the second-runner up $15,000.

Check out the Semifinalists

The 2015 Energy Security Prize

FreeWire Technologies'

Mobi electric vehicle (EV) charger helps eliminate the "charge rage" facing areas with high EV adoption and insufficient charging capacity.

Momentum Dynamics'

High-power wireless charging system delivers energy to electric vehicles via induction ten times faster than plug-in chargers and can help accelerate consumer EV adoption.

Peloton Technology's

wireless communications system and cloud-based management links sensors and braking between pairs of trucks to provide dramatic aerodynamic fuel savings and increased safety.

SeaChange Group's

patented Eco-Hybrid fuel uses glycerol, a byproduct of biodiesel production, to reduce emissions in diesel engines and costs for maritime vessels and off-road equipment.

Stay Tuned to Find Out Who Won

This year’s Energy Security Prize is Powered by The InterTech Group in honor of its Founder, Jerry Zucker.

In Partnership with

National Leaders Share their thoughts on Energy Security

  • DANIEL YERGIN

    PULITZER PRIZE-WINNING AUTHOR OF "THE PRIZE" AND "THE QUEST"

  • STEPHEN HADLEY

    Former United States National Security Advisor

  • GEORGE P. SHULTZ

    FORMER UNITED STATES SECRETARY OF STATE

  • ROBERT GATES

    FORMER UNITED STATES Secretary of DEFENSE

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A Forty Year Energy Security Timeline

  • OPEC imposes oil embargo following American support of Israel
    1973
  • Nixon announces energy initiatives in response to the 1973 oil crisis
    1974
  • International Energy Agency formed to respond to disruptions in oil supply
    1974
  • Egypt re-opens Suez Canal
    1975
  • Kuwait nationalizes its oil industry, following the path set by Iraq in 1972
    1975
  • U.S. Strategic Petroleum Reserve created to minimize impact of future oil supply disruptions
    1975
  • First U.S. vehicle efficiency standards call for an average of 27.5 mpg by 1985
    1975
  • The Iranian revolution begins, following widespread student protests in Tehran
    1978
  • 1979 Oil Crisis triggered as crude oil rises to a record high of almost $40 per barrel
    1979
  • Iraq’s 1980 invasion of Iran cuts oil production significantly
    1980
  • Lower global demand and failure of OPEC coordination lead to 1980s oil glut
    1982
  • "Tanker War" leads to an Iranian naval blockade of Iraq
    1984
  • Exxon Valdez accident spills 11 million gallons of oil
    1989
  • First Gulf War begins as Iraq invades Kuwait, doubling oil prices
    1990
  • U.S.-led United Nations force enters the Iraq-Kuwait war in Operation Desert Storm
    1991
  • U.S. authorizes humanitarian Iraq “Oil-for-Food program”
    1996
  • Baku-Suspa oil pipeline opens in Central Asia
    1999
  • Oil and gasoline prices spike after 9/11 terrorist attacks
    2001
  • Venezuelan oil strike leads to 80 percent drop in production
    2002
  • Unrest in Nigeria hobbles oil production for years
    2003
  • Iraq oil production plummets as coalition forces begin bombing attack on Iraq
    2003
  • Global “demand shock” as China’s oil demand increases sharply
    2004
  • U.S. oil imports peak at 12.5 million barrels imported per day
    2005
  • U.S. shale gas revolution begins
    2005
  • Vehicle fuel economy standards updated for the first time since CAFE standards were introduced in 1975
    2007
  • Oil prices spike to $147 per barrel, contributing to the U.S. recession
    2008
  • Deepwater Horizon disaster spills 4.9 million barrels of oil into the Gulf of Mexico
    2010
  • Driven by China, world oil demand recovers quickly from the global recession
    2010
  • China surpasses the United States as the world’s largest car market
    2010
  • Mass-market electric cars debut in the United States
    2010
  • Arab Spring begins, resulting in the overthrow of governments in Tunisia, Libya, Egypt and Yemen
    2010
  • The Libyan Civil War drops the country's oil production to zero in August 2011
    2011
  • U.S. tight oil boom as production doubles between 2010 and 2012
    2012
  • Iran sanctions imposed by the U.S. and the European Union drop Iran from its spot as third-largest oil exporter
    2012
  • OPEC annual revenue reaches $1 trillion, its highest ever
    2012
  • Developing countries now constitute the majority of global oil demand
    2013
  • Global production outages eliminate market flexibility built up during U.S. oil boom
    2013
  • China forecast to pass the United States as the world's largest net oil importer
    2013
Use arrows to navigate the timeline

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