A bill to establish a National Contest for the Invention and Development of an Efficient and Cost-effective Electric Energy Storage Facility, capable of storing such energy in huge quantities and over reasonable and needed periods of time, for future use, said contest to be conducted and supervised by the Tennessee Valley Authority, the winner to be awarded from the U.S. Treasury a ten million dollar prize, and for other purposes.
National Contest for the Invention and Development of an Efficient and Cost-Effective Electric Energy Storage Facility Act - Establishes a national contest for the invention and development of an efficient and cost-effective electric energy storage facility. Designates a National Award for Electric Energy Storage. States that the contest shall be conducted by the Tennessee Valley Authority and that the winner will be awarded a $10,000,000 prize from the United States Treasury for developing a safe, cost-effective, long-term electric energy storage technology.
States that if no entry establishes such a technology, no prize shall be awarded.
Introduced in House
Introduced in House
Referred to House Committee on Public Works and Transportation.
Referred to House Committee on Science and Technology.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line