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Code · BILL · 119th Congress · H.R. 2703 (Introduced in House) — To require the Federal Energy Regulatory Commission to establish a shared savings incentive to return a portion of th... · Sec. 5

Sec. 5. Grid-enhancing technology application guide

187 words·~1 min read·/bill/119/hr/2703/ih/section-5

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In this section, the term developer means a developer of transmission facilities or transmission technologies, including a developer of transmission facilities or transmission technologies that pays to install grid-enhancing technology with respect to those transmission facilities or transmission technologies. Not later than 18 months after the date of enactment of this Act, the Secretary shall establish an application guide for utilities and developers seeking to implement grid-enhancing technologies. The guide established under subsection
(b)shall be reviewed and updated annually. On request of a utility or developer using the guide established under subsection (b), the Secretary shall provide technical assistance to that utility or developer with respect to the use of grid-enhancing technologies for particular applications. In carrying out paragraph (1), the Secretary shall establish a clearinghouse of previously completed grid-enhancing technology projects that the Secretary, utilities, and developers may use to identify issues and solutions relating to the use of grid-enhancing technologies for particular applications. There are authorized to be appropriated to carry out this section, to remain available until expended— $5,000,000 for fiscal year 2025; and $1,000,000 for each of fiscal years 2026 through 2036.
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