CNN || Can scientists make a space elevator?

It sounds like science fiction. And it was.

Now, 30 years after "2001" author Arthur C. Clarke wrote about an elevator that rises into outer space, serious research is happening all over the world in an effort to make the far-fetched-sounding idea a reality.

The benefits of a fully realized elevator would make carrying people and goods into space cheaper, easier and safer than with rocket launches, proponents say, opening up a host of possibilities.

Restaurants and hotels for space tourists. Wind turbines that provide energy by spinning 24 hours a day. A cheaper, easier and more environmentally friendly way to launch rockets.

Scientists envision all of the above -- possibly within our lifetimes.

"Space elevator-related research is valid, but there are hurdles to overcome," said David Smitherman, a space architect at NASA's George C. Marshall Space Flight Center.

This week in the Mojave Desert, three teams of engineers are competing for $2 million offered up by NASA for anyone who can build a prototype of an elevator able to crawl up a kilometer-high tether while hauling a heavy payload.

"We haven't had any winners yet, but we truly do expect to have at least one winner, probably more [this year]," said Ted Semon, spokesman for The Spaceward Foundation, which has run the competition for the past several years.

Most models for an elevator into space involve attaching a cable from a satellite, space station or other counterweight to a base on Earth's surface.

Scientists say inertia would keep the cable tight enough to allow an elevator to climb it.

The inspiration for researchers to pursue a space elevator started, as many scientific advances have, in the fantastical world of science fiction.

In Clarke's 1979 novel "The Fountains of Paradise," he writes about a scientist battling technological, political and ethical difficulties involved in creating a space elevator.

In the years that followed, Clarke, who died last year, remained an outspoken advocate for researching and funding the elevator.