Grid reliability becomes a reason the program may lend
What the document says“support or enable the provision of known or forecastable electric supply at time intervals necessary to maintain or enhance grid reliability or other system adequacy needs.”
The section adds a new paragraph (3) to subsection (a) of section 1706 of the Energy Policy Act of 2005 (42 U.S.C. 16517) making support for known or forecastable electric supply at intervals needed to maintain or improve grid reliability or other system adequacy an eligible purpose, and rewrites paragraph (2) to read increase capacity or output.
What the document actually says“support or enable the provision of known or forecastable electric supply at time intervals necessary to maintain or enhance grid reliability or other system adequacy needs.”
A project may qualify if it helps keep power flowing. The supply must be known or able to be forecast. It must come when the grid needs it.
This is a new reason to qualify for a loan. A second reason is reworded to cover raising capacity or output. The older law is not indexed here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.