Bill > HR2507

This bill, the 21st Century Power Grid Act, aims to establish a financial assistance program to carry out projects related to the modernization of the electric grid. The key provisions of the bill include: 1. Eligibility criteria for projects, which must be designed to improve the performance and efficiency of the future electric grid, ensure the continued provision of safe, secure, reliable, and affordable power, and provide new options for customer-owned resources. These projects must also demonstrate secure integration and management of various energy resources and communication/information technologies, and involve a partnership of entities including at least one type of utility, technology provider, or regional transmission organization. 2. Requirement for each eligible project to include the development of a cybersecurity plan and a privacy impact assessment to evaluate the project against the Department of Energy's DataGuard Energy Data Privacy Program. The overall aim of the bill is to support the modernization of the electric grid through technology demonstration projects that enhance grid performance, security, and customer options, while prioritizing cybersecurity and data privacy.

Agriculture and Natural Resources, Business and Industry

https://www.congress.gov/bill/115th-congress/house-bill/2507/all-info