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.
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