Hydrogen prize

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The Hydrogen Prize is a proposed financial award to encourage research into hydrogen as an alternative fuel.

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[edit] Legislative status

During October 2008, the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy announced that the Hydrogen Education Foundation[1] of Washington, D.C. has been selected for negotiation of award to work with the DOE Hydrogen Program to administer the H-Prize along with SCRA.org.

Legislation for the prize, H.R. 632, was passed in the U.S. House of Representatives on May 10, 2006 and in August 2007 it became part of the House's comprehensive energy bill, H.R. 3221 (which passed). A companion bill, S. 365, was introduced in the Senate and had very few cosponsors before it was passed as part of a more comprehensive energy bill in December 2007. President Bush signed it into law later that month.

Proponents of the hydrogen prize cite benefits of reduced dependence on foreign oil, cleaner air from burning pollution-free hydrogen and new jobs.

[edit] Prize description

The prize is modeled after the privately funded Ansari X Prize that resulted in the first privately developed crewed rocket to reach space twice.

If Congress approves funding, a single prize of $1 million will be awarded in February, 2011.[2]

[edit] See also

[edit] References

  1. ^ http://www.hydrogeneducationfoundation.org/
  2. ^ "Federal Register / Vol. 74, No. 164 / Wednesday, August 26, 2009 / Notices". August 26, 2009. http://www.hydrogenprize.org/pdf/fedRegister_notice.pdf. Retrieved 21 January 2010. 

[edit] External links

Other U.S. government agency-funded high tech. competitive prizes:

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