The Senate has introduced two new bills for consideration that help incentivize transmission infrastructure construction and improve the efficiency of the process: The Grid Resiliency Tax Credit Act to establish a 30% ITC for qualifying electric power transmission line property and grid-enhancing technologies and The Facilitating America’s Siting of Transmission and Electric Reliability Act that would streamline FERC’s backstop siting authority, allowing it to authorize National Interest Electric Transmission Facilities.
Two new bills in the Senate for addressing grid issues
