The American Energy Innovation Act (AEIA) will modernize domestic energy laws to ensure the United States remains a global energy leader while also strengthening national security, increasing our international competitiveness and investing in clean energy technologies.
Solar power is mentioned in Section 1205, where the bill authorizes the Secretary to establish a solar energy technology program to address near-term, mid-term and long-term challenges in solar energy development through 2025. Section 1301 on battery storage is more robust, saying the bill would establish a research, development and deployment (RD&D) program to advance energy storage technologies; directs the Secretary to carry out at least five demonstration projects, as well as a competitive pilot project grant program; establishes a joint long-term demonstration initiative with the Secretary of Defense; facilitates a technical and planning assistance program for rural electric cooperatives and municipal utilities; establishes an energy storage materials recycling prize competition; and directs the Federal Energy Regulatory Commission (FERC) to issue a regulation on energy storage cost recovery.
“This bill is our best chance to modernize our nation’s energy policies in more than 12 years,” Murkowski said. “By working together to pass it into law, we can promote a range of emerging technologies that will help keep energy affordable even as it becomes cleaner and cleaner. Our bill also addresses national needs by taking overdue steps to enhance our cybersecurity, grid security, and mineral security. I’m proud of the bipartisan work we have done and encourage all members of the Senate to work with us to advance it through the legislative process.”
“This legislation is the result of strong bipartisan work with my colleagues on the Senate Energy and Natural Resources Committee to make a down payment on emissions-reducing technologies, reassert the United States’ leadership role in global markets, enhance our grid security and protect consumers. Importantly, this bill will connect energy-producing communities, including in states like West Virginia and Alaska, to new markets and job opportunities while laying the groundwork for the Department of Energy to advance new and necessary critical emissions-reducing technologies,” Manchin said.
The key provisions in the AEIA focus on energy efficiency; renewable energy; energy storage; carbon capture, utilization, and storage; advanced nuclear; industrial and vehicle technologies; the Department of Energy; mineral security, cyber and grid security and modernization; and workforce development.
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