Electric Supply Chain Act in plain language
1: Short title
This section says the Act may be called the Electric Supply Chain Act.
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1. Short title This Act may be cited as the Electric Supply Chain Act .
2: Assessment and report on the supply chain for the generation and transmission of electricity
This section would require the Secretary of Energy, while carrying out the Department of Energy Organization Act, to prepare periodic assessments of the supply chain for generating and transmitting electricity, working in consultation with relevant stakeholders. Each assessment would have to include information on efforts and opportunities to strengthen, secure, and expand the supply chain; trends, risks, and vulnerabilities in the supply, demand, and availability of components needed for generating or transmitting electricity, including components necessary to build or deploy generation or transmission facilities; national security and energy security considerations for strengthening, securing, and expanding the supply chain; barriers to expanding the capacity to manufacture electricity-related components in the United States and to process critical materials in the United States; domestic policies that deter or otherwise inhibit greater investment in the supply chain; the effects of any US reliance on a foreign entity of concern for electricity-related components and for the exploration, development, or production of critical materials needed to manufacture those components; and workforce challenges affecting the supply chain. Each assessment would also have to identify emerging issues in the supply chain and include recommendations to address those emerging issues and to secure and expand the supply chain. Not later than one year after this Act becomes law, and periodically after that, the Secretary would have to submit to the appropriate committees of Congress a report on the most recent assessment. The section defines several terms for these purposes: the appropriate committees of Congress are the House Committee on Energy and Commerce and the Senate Committee on Energy and Natural Resources; critical material, Electric Reliability Organization, electric utility, and foreign entity of concern each carry the meaning already given to that term in specified existing laws (the Energy Act of 2020, the Federal Power Act, and the Infrastructure Investment and Jobs Act); a relevant stakeholder is a stakeholder involved in the generation, storage, transmission, or distribution of electricity or in the supply chain for those activities, and includes an electric utility, an electric grid component manufacturer, a person who builds electric generating facilities, an electric power system cybersecurity expert, the Electric Reliability Organization, a ratepayer advocacy stakeholder, and other related private sector stakeholders; and Secretary means the Secretary of Energy.
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2. Assessment and report on the supply chain for the generation and transmission of electricity (a) Assessment In carrying out the requirements of the Department of Energy Organization Act ( 42 U.S.C. 7101 et seq. ), the Secretary shall, for purposes of monitoring the supply chain for the generation and transmission of electricity and in consultation with relevant stakeholders, prepare periodic assessments on such supply chain that— (1) include information on— (A) efforts and opportunities to strengthen, secure, and expand such supply chain; (B) any trends, risks, and vulnerabilities in the supply, demand, and availability of components for or related to generating or transmitting electricity, including components that are necessary for the construction or deployment of facilities that generate or transmit electricity; (C) national security and energy security considerations for strengthening, securing, and expanding such supply chain; (D) barriers to expanding the capacity to— (i) manufacture components for or related to generating or transmitting electricity in the United States; and (ii) process critical materials in the United States; (E) domestic policies that deter or otherwise inhibit greater investment into such supply chain; (F) the effects of any reliance of the United States on any foreign entity of concern for— (i) components for or related to generating or transmitting electricity; and (ii) the exploration, development, or production of critical materials necessary for manufacturing such components; and (G) workforce challenges affecting such supply chain; (2) identify emerging issues in such supply chain; and (3) include recommendations to— (A) address any emerging issues identified under paragraph (2); and (B) secure and expand such supply chain. (b) Report Not later than one year after the date of enactment of this Act, and periodically thereafter, the Secretary shall submit to the appropriate committees of Congress a report on the most recent assessment prepared under subsection (a). (c) Definitions In this section: (1) Appropriate committees of Congress The term appropriate committees of Congress means— (A) the Committee on Energy and Commerce of the House of Representatives; and (B) the Committee on Energy and Natural Resources of the Senate. (2) Critical material The term critical material has the meaning given such term in section 7002(a) of the Energy Act of 2020 ( 30 U.S.C. 1606(a) ). (3) Electric Reliability Organization The term Electric Reliability Organization has the meaning given such term in section 215(a) of the Federal Power Act ( 42 U.S.C. 824o(a) ). (4) Electric utility The term electric utility has the meaning given such term in section 3 of the Federal Power Act ( 16 U.S.C. 796 ). (5) Foreign entity of concern The term foreign entity of concern has the meaning given such term in section 40207(a) of the Infrastructure Investment and Jobs Act ( 42 U.S.C. 18741(a) ). (6) Relevant stakeholder The term relevant stakeholder — (A) means a stakeholder that is involved in— (i) the generation, storage, transmission, or distribution of electricity; or (ii) the supply chain for such generation, storage, transmission, or distribution; and (B) includes an electric utility, an electric grid component manufacturer, a person who constructs an electric generating facility, an electric power system cybersecurity expert, the Electric Reliability Organization, a ratepayer advocacy stakeholder, and any other related private sector stakeholder. (7) Secretary The term Secretary means the Secretary of Energy.