Connect the Grid Act (H.R. 7348)
This bill aims to interconnect the Electric Reliability Council of Texas (ERCOT) with its neighboring areas and achieve other objectives.
Key Provisions of the Bill
Section 1: Short Title
This Act may be referred to as the "Connect the Grid Act".
Section 2: Jurisdiction with Respect to ERCOT
This section amends the Federal Power Act to change the application of certain provisions related to ERCOT.
Section 3: Electric Reliability
This section amends the Federal Power Act to revise requirements for enlarging transmission and generation capacity.
Section 4: Increased Borrowing Authority under the Transmission Facilitation Program
This section amends the Infrastructure Investment and Jobs Act to increase borrowing authority for transmission facilities.
Section 5: Study on Benefits of Interconnection with Mexico
This section requires the Secretary of Energy to conduct a study on the benefits of interconnection with Mexico and submit a report to Congress.
Section 6: Definitions
This section provides definitions for various terms used in the Act, such as "grid-enhancing technology," "transmission facility," and "Tribal Government."
Conclusion
The Connect the Grid Act aims to interconnect ERCOT with its neighboring areas and enhance the reliability and efficiency of the electric grid. It also includes provisions for increased borrowing authority and a study on the benefits of interconnection with Mexico.