; or (B) a combination of multiple technologies. (2) Selection of eligible entities (A) In general The Secretary shall select eligible entities to carry out demonstration projects under the initiative. (B) Requirements In selecting eligible entities to carry out demonstration projects under subparagraph (A), the Secretary, to the maximum extent practicable, shall— (i) ensure— (I) regional diversity among the eligible entities selected, including by selecting eligible entities located in rural areas (as defined in section 343(a) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1991(a) )); (II) technological diversity among the eligible entities selected; and (III) that the projects carried out by those eligible entities under the initiative expand on the existing technology demonstration programs of the Department; and (ii) prioritize the selection of eligible entities— (I) based on the extent to which the projects carried out by the eligible entities contribute to emissions reductions; and (II) that will carry out projects that leverage matching funds from non-Federal sources. (3) Reports (A) In general Not less frequently than once every 2 years for the duration of the initiative, the Secretary shall submit to the Committee on Energy and Natural Resources of the Senate and the Committee on Science, Space, and Technology of the House of Representatives a report that, for the period covered by the report— (i) describes the activities carried out by the Secretary in support of the initiative; (ii) provides a review of the cost-competitiveness and other value streams, the technology readiness level, and the adoption readiness level of each technology demonstrated under the initiative; (iii) describes the status and outcomes of any projects carried out under the initiative