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mental benefits achieved as part of a project 
carried out under paragraph (1). 
‘‘(c) GRANTS FOR INNOVATION IN ENERGY SUSTAIN-
ABILITY.— 
‘‘(1) IN GENERAL.—The Secretary shall award 
not more than 250 grants per year to institutions of 
higher education to engage in innovative energy sus-
tainability projects, including not less than 2 grants 
to institutions of higher education in each State. 
‘‘(2) INNOVATION
PROJECTS.—An innovation 
project carried out with a grant under this sub-
section shall— 
‘‘(A) involve— 
‘‘(i) an innovative technology that is 
not yet commercially available; or 
‘‘(ii) available technology in an inno-
vative application that maximizes energy 
efficiency and sustainability; 
‘‘(B) have the greatest potential for testing 
or demonstrating new technologies or processes; 
and 
‘‘(C) ensure active student participation in 
the project, including the planning, implementa-
tion, evaluation, and other phases of the 
project.
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‘‘(3) CONDITION.—As a condition of receiving a 
grant under this subsection, an institution of higher 
education shall agree to submit to the Secretary, 
and make available to the public, reports that de-
scribe the results of the projects carried out under 
paragraph (1). 
‘‘(d) AWARDING OF GRANTS.— 
‘‘(1) APPLICATION.—An institution of higher 
education that seeks to receive a grant under this 
section may submit to the Secretary an application 
for the grant at such time, in such form, and con-
taining such information as the Secretary may pre-
scribe. 
‘‘(2) SELECTION.—The Secretary shall estab-
lish a committee to assist in the selection of grant 
recipients under this section. 
‘‘(e) ALLOCATION
TO INSTITUTIONS
OF HIGHER 
EDUCATION
WITH
SMALL
ENDOWMENTS.—Of 
the 
amount of grants provided for a fiscal year under this sec-
tion, the Secretary shall provide not less than 50 percent 
of the amount to institutions of higher education that have 
an endowment of not more than $100,000,000, with 50 
percent of the allocation set aside for institutions of higher 
education that have an endowment of not more than 
$50,000,000.
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‘‘(f) GRANT AMOUNTS.—The maximum amount of 
grants for a project under this section shall not exceed— 
‘‘(1) in the case of grants for energy efficiency 
improvement under subsection (b), $1,000,000; or 
‘‘(2) in the case of grants for innovation in en-
ergy sustainability under subsection (c), $500,000. 
‘‘(g) AUTHORIZATION OF APPROPRIATIONS.—There 
are authorized to be appropriated such sums as are nec-
essary to carry out this section for each of fiscal years 
2008 through 2012.’’. 
PART 5—INDUSTRIAL ENERGY EFFICIENCY 
SEC. 9061. INDUSTRIAL ENERGY EFFICIENCY. 
(a) AMENDMENT.—Title III of the Energy Policy and 
Conservation Act (42 U.S.C. 6201 and following) is 
amended by adding the following after part D: 
‘‘PART E—INDUSTRIAL ENERGY EFFICIENCY 
‘‘SEC. 371. SURVEY OF WASTE INDUSTRIAL ENERGY RECOV-
ERY AND POTENTIAL USE. 
‘‘Congress finds that— 
‘‘(1) the Nation should encourage the use of 
otherwise wasted energy and the development of 
combined heat and power and other waste energy re-
covery projects where there is wasted thermal energy 
in large volumes at potentially useful temperatures;