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Office of Transmission Act of 2024
12/19/2024, 4:53 AM
Summary of Bill S 5405
Bill 118 s 5405, also known as the "Office of Transmission Establishment Act," aims to amend the Federal Power Act by creating an Office of Transmission within the Federal Energy Regulatory Commission (FERC). The primary goal of this bill is to streamline and improve the process of planning and permitting new transmission lines in order to enhance the reliability and efficiency of the nation's electric grid.
The Office of Transmission would be responsible for coordinating with relevant stakeholders, including state and local governments, industry representatives, and environmental groups, to develop a comprehensive national transmission plan. This plan would identify areas in need of new transmission infrastructure, prioritize projects based on their potential benefits, and facilitate the timely approval and construction of these projects.
In addition to establishing the Office of Transmission, the bill also includes provisions to improve the transparency and accountability of the FERC's decision-making process. This includes requiring the FERC to provide regular updates on the status of transmission projects, as well as conducting periodic reviews to ensure that the agency is effectively carrying out its responsibilities. Overall, Bill 118 s 5405 seeks to modernize and strengthen the nation's electric grid by streamlining the process for planning and permitting new transmission lines. By establishing the Office of Transmission and implementing other reforms, this bill aims to improve the reliability and efficiency of the nation's electric infrastructure, ultimately benefiting consumers and promoting economic growth.
The Office of Transmission would be responsible for coordinating with relevant stakeholders, including state and local governments, industry representatives, and environmental groups, to develop a comprehensive national transmission plan. This plan would identify areas in need of new transmission infrastructure, prioritize projects based on their potential benefits, and facilitate the timely approval and construction of these projects.
In addition to establishing the Office of Transmission, the bill also includes provisions to improve the transparency and accountability of the FERC's decision-making process. This includes requiring the FERC to provide regular updates on the status of transmission projects, as well as conducting periodic reviews to ensure that the agency is effectively carrying out its responsibilities. Overall, Bill 118 s 5405 seeks to modernize and strengthen the nation's electric grid by streamlining the process for planning and permitting new transmission lines. By establishing the Office of Transmission and implementing other reforms, this bill aims to improve the reliability and efficiency of the nation's electric infrastructure, ultimately benefiting consumers and promoting economic growth.
Read the Full Bill
Current Status of Bill S 5405
Bill S 5405 is currently in the status of Bill Introduced since December 2, 2024. Bill S 5405 was introduced during Congress 118 and was introduced to the Senate on December 2, 2024. Bill S 5405's most recent activity was Read twice and referred to the Committee on Energy and Natural Resources. as of December 2, 2024
Bipartisan Support of Bill S 5405
Total Number of Sponsors
2Democrat Sponsors
2Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 5405
Primary Policy Focus
Alternate Title(s) of Bill S 5405
A bill to amend the Federal Power Act to establish an Office of Transmission in the Federal Energy Regulatory Commission, and for other purposes.
A bill to amend the Federal Power Act to establish an Office of Transmission in the Federal Energy Regulatory Commission, and for other purposes.
Comments
Sponsors and Cosponsors of S 5405
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