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Energy Security and Innovation Foundation: Supporting New Technologies.

This act establishes a new foundation to support the development and commercialization of innovative energy technologies. Its goal is to enhance national energy security and create new jobs through investments in research and development, potentially leading to access to newer, more efficient energy sources and lower costs in the future.
Key points
Establishment of the Foundation for Energy Security and Innovation to support energy research and development.
The Foundation will collaborate with national laboratories, universities, and businesses to accelerate the market introduction of new technologies.
Availability of fellowships and grants for scientists working on energy innovations.
Support for job creation in the energy sector through product and technology development.
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Additional Information
Print number: 117_S_1359
Sponsor: Sen. Coons, Christopher A. [D-DE]
Process start date: 2021-04-22