Two Capitol Hill Democrats want to give communities incentives to host power transmission — and hope their bill hitches a ride on wider permitting legislation.
Why it matters: Grid upgrades are needed to bring renewables to demand centers, but the maze of approvals required often ties up projects.
- Vermont Sen. Peter Welch and New Hampshire Rep. Annie Kuster have a plan to speed things up.
What’s new: The legislation — shared exclusively with Axios — would create a fund via a share of interest collected from Energy Department transmission loan programs.
- Communities would use it for infrastructure like hospitals and schools, workforce training, and conservation.
- The Energy and Treasury departments would determine the share of interest staking the fund for cities, counties and tribes.
What’s next: Welch plans to discuss the bill with Majority Leader Chuck Schumer and Senate Energy and Natural Resources Chairman Joe Manchin, aides say.
- He’s hopeful it’s part of bipartisan permitting legislation under discussion.
State of play: The National League of Cities and National Association of Counties support it.
- So do recreation interests who see global warming threatening skiing and other outdoor activities.
- Backers include REI, Burton, and the group Protect Our Winters.
The bottom line: “Expanding transmission lines is key to achieving a clean energy future and ensuring long-term welfare of communities in Vermont, New England, and across the country,” Welch said.
Story Written by Ben Geman, Axios
Story Link: https://www.axios.com/2024/04/22/new-democratic-transmission-legislation