The Quest for alternate energy continues and now a new proposal in congress aims to boost and reward hydrogen energy breakthroughs. Three categories of prizes are to be created. The prizes would be awarded over the next decade. So these prizes are primarily created to boost achievements in overcoming scientific and technical barriers associated with hydrogen energy. The Act is cited as `H-Prize Act of 2006′.
The different categories of prizes include:
(1) advancements in components or systems related to–
(A) hydrogen production;
(B) hydrogen storage;
(C) hydrogen distribution; and
(D) hydrogen utilization;
(2) prototypes of hydrogen-powered vehicles or other hydrogen-based products that best meet or exceed objective performance criteria, such as completion of a race over a certain distance or terrain or generation of energy at certain levels of efficiency; and
(3) transformational changes in technologies for the distribution or production of hydrogen that meet or exceed far-reaching objective criteria, which shall include minimal carbon emissions and which may include cost criteria designed to facilitate the eventual market success of a winning technology.
For the details on awards and eligibility please visit H-Prize Act of 2006
Story Source: CNET
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