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Electricity Transmission in the U.S. – Legal Issues and TrendsRyan Thomas TrahanGraduate Fellow - University of Texas - School of Law, The Center for Global Energy, International Arbitration, and Environmental Law; Paul, Hastings, Janofsky & Walker, LLP March 30, 2010 Energy Center Research Paper No. 01-10 Abstract: The U.S. electricity transmission infrastructure is undergoing historic change; a short, upfront look at current and projected investment activity provides a sense of the scale and impact. Under the auspice of the American Reinvestment and Recovery Act, the Department of Energy is authorized to award nearly $38 billion in grants - and make or guarantee $127 billion in loans - over the next few years to modernize the United States’ energy infrastructure and pursue a more independent national energy policy. Roughly 14% of the authorized grant money, or $4.5 billion, is specifically directed towards Electricity Delivery and Energy Reliability, a category focused on upgrading the U.S. electricity transmission grid. In practice, many of those grants are to be matched, dollar for dollar, by private investment. Similar priorities are reflected in the regular budget process as illustrated by the 2011 fiscal budget which features a 6.8 percent increase for the Department of Energy’s budget, to $28.4 billion, and a 5 percent increase for the Office of Energy Efficiency and Renewable Energy, to $2.36 billion.
Number of Pages in PDF File: 31 Keywords: Electricity, Electricity Transmission, American Reinvestment And Recovery Act, Department of Energy, Energy Infrastructure, National Energy Policy, Electricity Delivery, Energy Reliability, Office Of Energy Efficiency And Renewable Energy working papers seriesDate posted: June 17, 2010Suggested CitationContact Information
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