National Energy Policy Institute Act

National Energy Policy Institute Act - Amends the Energy Policy and Conservation Act to establish a nonprofit, nongovernmental Institute for Long Range Energy Analysis.

Directs the Institute to analyze, on a continuing basis, the long-range energy needs of the country. Requires the Institute, among other things, to develop policy alternatives to current energy allocation, consult with relevant Federal agencies, and to review national capabilities and programs relating to energy development, conservation, and consumption. Permits the Institute to contract with private institutions as it deems appropriate. Provides for public disclosure of information gathered by the Institute provided each information does not adversely affect national security, or disclose a trade secret.

Authorizes appropriations for the Institute. Provides for audits of the Institute.

Directs the Institute to annually report to the President and Congress concerning its activities.