Advancing Grid-Enhancing Technologies: Lower Energy Costs, Greater Reliability
This Act aims to improve the U.S. power grid by encouraging investments in new technologies. Citizens may benefit from more stable electricity supplies and potentially lower energy bills due to more efficient transmission. It also introduces greater transparency in grid management, which can lead to better planning and outage prevention.
Key points
Financial incentives for companies investing in technologies that enhance power grid efficiency, potentially accelerating infrastructure modernization.
Requirement for reporting costs associated with grid congestion, leading to a better understanding of issues and more effective management.
Creation of a publicly available map of congestion costs and a guide for companies implementing new technologies, increasing transparency and access to knowledge.
Potential benefits for consumers include more reliable energy supplies and stable prices, thanks to optimized grid operations.
Expired
Citizen Poll