Sec. 2002. Strategy for managing the risks associated with the loss or disruption of power from large power transformers
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Part II of the Federal Power Act ( 16 U.S.C. 824 et seq. ) is amended by adding at the end the following: The Secretary of Energy (referred to in this section as the Secretary ), in coordination with the Secretary of Homeland Security and the heads of other Federal agencies, States, and representatives of the electric industry, shall develop a strategy for identifying and managing the risks associated with the loss of power from large power transformers. In developing the strategy under subsection (a), the Secretary shall evaluate the establishment of 1 or more transformer reserves as an approach to mitigating the risks described in subsection (a).
Not later than 1 year after the date of enactment of this section, the Secretary shall submit to the appropriate committees of Congress a report that— describes the findings, conclusions, and recommendations of the Secretary with respect to the strategy required to be developed under subsection (a); and includes an implementation plan for that strategy. On submission of the report under subsection (c), the Secretary may establish a Strategic Transformer Reserve. .
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Sec. 2002
Strategy for managing the risks associated with the loss or disruption of power from large power transformers
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