Yergin was awarded the 1997[61] United States Energy Award for "lifelong achievements in energy and the promotion of international understanding."[15] The International Association for Energy Economics gave Dr. Yergin its 2012 award for "outstanding contributions to the profession of energy economics and to its literature."[62] In 2014 the Prime Minister of India presented Yergin[15][3] with a Lifetime Achievement Award,[5][13] and in 2015 the University of Pennsylvania presented him with the first Carnot Prize for "distinguished contributions to energy policy."[13] The U.S. Department of Energy awarded him the first James Schlesinger Medal for Energy Security in 2014.[3]