S. 1346 · 114th Congress
E-Prize Competition Pilot Program Act of 2015
- Stage
- In committee
- Sponsor
- Lisa Murkowski
- Introduced
- 2015-05-14
- Latest action
- 2015-06-09 · Committee on Energy and Natural Resources. Hearings held.
Summary
E-Prize Competition Pilot Program Act of 2015
This bill directs the Department of Energy to establish for a limited time: (1) a prize competition for the development and demonstration of technology that reduces by at least 25% the cost of electricity or space heat in high-cost regions; and (2) a Competition Board to award a maximum of 4 prizes of not more than $1 million each.
Funds for the awards shall be available from the Energy Technology Commercialization Fund.
The Competition Board must use prescribed criteria to evaluate competing technologies.