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The Michael Nobel Energy Award is a proposed Nobel Prize announced by some members of the Nobel family and the Nobel Charitable Trust (founded by Michael Nobel, Peter Nobel, Gustaf Nobel and Philip Nobel). It will award innovations in alternative energy technology. It is not yet awarded.[1][2] The Nobel family has a long history of establishing prizes, the prizes established by Alfred Nobel being best known. The Michael Nobel Energy Award will be the first new Nobel prize to be established by the Nobel family since Alfred Nobel established his prizes in 1895 (they were first awarded six years later). The prize will be awarded by the Nobel Charitable Trust and not by the Nobel Foundation, although both are organisations founded by the Nobel family.
The plan was announced at nanoTX 07. The Nobel Foundation quickly reacted by threatening legal action for "clear misuse of the reputation and goodwill of the Nobel Prize and the associations of integrity and eminence that has been created over time and through the efforts of the Nobel Committees".[3] The Director, Michael Sohlman, of the Nobel Foundation and the elected head of the Nobel family disapproved to the institution of the so called 'Dr. Michael Nobel Award' as well as the Nobel Charitable Trust (NCT) and Nobel Family Benevolent society.[4]