Sec. 311. Enhancing grid reliability
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The Secretary shall establish a competitive grant program for utility-scale demonstration projects for energy storage and dispatchable concentrated solar thermal, geothermal, and ocean power energy technologies, or other emerging dispatchable technologies, as identified by the Secretary. The Secretary may provide a grant under this subsection in an amount that is equal to not more than 20 percent of the total costs incurred in connection with the development, construction, acquisition of components for, or engineering of a demonstration project referred to in paragraph (1).
The United States shall hold no equity or other ownership interest in a qualified advanced electric transmission manufacturing plant or qualified advanced electric transmission property for which funds are provided under this subsection. The Secretary shall use to carry out this subsection not more than $10,000,000,000 for each fiscal year from the Climate Fund. The Federal Power Act is amended by inserting after section 216 ( 16 U.S.C. 824p ) the following: The purposes of this section are— to provide greater certainty for— renewable energy project developers by encouraging preconstruction capacity commitments by transmitting utilities; and transmitting utilities by encouraging preconstruction financial commitments from project developers; and to expedite transmission and renewable energy generation projects through Federal permitting processes.
In this section: The term Commission means the Federal Energy Regulatory Commission. The term renewable energy project developer means an entity that is responsible for siting renewable energy generation projects, as identified by the Commission. The term Secretary means the Secretary of Energy. The term zone means an interstate competitive renewable energy zone established under subsection (c)(1). Not later than 180 days after the date of conclusion of the consultation required under paragraph (2), after providing public notice and an opportunity to comment, the Commission, in coordination with the Secretary, shall establish zones, to be known as interstate competitive renewable energy zones , in accordance with the purposes described in subsection (a)— to expedite— the construction of interstate transmission facilities; and transmission facilities crossing 2 or more grid interconnections; and to facilitate the deployment of renewable energy resources in areas in which renewable energy resources and suitable land areas are sufficient to develop generating capacity.
During the 2-year period beginning on the date of enactment of this section, the Commission, in coordination with the Secretary and the heads of other relevant Federal agencies, shall carry out appropriate consultation with States and Indian tribes (or any entity designated by a State or Indian tribe), Federal power marketing agencies, Transmission Organizations, transmitting utilities, and renewable energy project developers with respect to identifying appropriate locations for zones— in accordance with the purposes described in paragraph (1); taking into consideration reliability, congestion, cybersecurity, environmental impact, and cost effectiveness; and in a manner that ensures that the processing and permitting of renewable energy facilities and transmission facilities comply with applicable requirements of Federal law.
Not later than 90 days after the date of conclusion of the consultation required under paragraph (2), any entity described in that paragraph that intends to support the purposes described in subsection
(a)in the grid planning activities of the entity shall submit to the Commission a notice of that intent. Not later than 90 days after the date of establishment of the zones under subsection (c)(1), the Commission, in coordination with each relevant grid-planning entity identified under subsection (c)(3), shall solicit participation of, and convene, interested stakeholders within each zone for purposes of— construction planning; and encouraging— financial commitments by renewable energy project developers to transmitting utilities; and commitments of transmission access by transmitting utilities to renewable energy project developers. Not later than 180 days after the date of establishment of the zones under subsection (c)(1), the Commission, in coordination with each relevant grid-planning entity identified under subsection (c)(3), shall develop a plan for each zone relating to construction of the transmission capacity necessary to deliver to electric customers, in a manner that is most beneficial and cost-effective to the customers, the renewable electricity generation capacity within the zone. The Commission shall provide support for, and may participate as requested in, State and regional grid planning processes that, as determined by the Commission, will expedite the construction of intrastate transmission lines to facilitate the deployment of renewable energy resources. .
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Sec. 311
Enhancing grid reliability
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