Prize for Breakthrough in Electricity Storage Technology
This act proposes a $500 million cash prize for developing technology to efficiently store large amounts of electricity. The goal is to free the nation from reliance on foreign energy sources and reduce costs for citizens by enabling widespread use of clean energy.
Key points
Establishes a $500 million prize for technology that can store multi-megawatt electricity for 30 days with less than 10% loss.
Aims to lower energy costs for citizens and enhance national energy security.
Eligibility is limited to U.S. citizens and U.S.-incorporated entities, excluding federal employees and entities.
Expired
Citizen Poll