Electric grid reliability and resilience research, development, and demonstration
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(a) Definition of Federal financial assistance
In this section, the term “Federal financial assistance” has the meaning given the term in section 200.1 of title 2, Code of Federal Regulations.
(b) Energy infrastructure Federal financial assistance program
(1) DefinitionsIn this subsection:
(A) Eligible entityThe term “eligible entity” means each of—
(i)
a State;
(ii)
a combination of 2 or more States;
(iii)
an Indian Tribe;
(iv)
a unit of local government; and
(v)
a public utility commission.
(B) Program
The term “program” means the competitive Federal financial assistance program established under paragraph (2).
(2) Establishment
Not later than 180 days after November 15, 2021, the Secretary shall establish a program, to be known as the “Program Upgrading Our Electric Grid and Ensuring Reliability and Resiliency”, to provide, on a competitive basis, Federal financial assistance to eligible entities to carry out the purpose described in paragraph (3).
(3) PurposeThe purpose of the program is to coordinate and collaborate with electric sector owners and operators—
(A)
to demonstrate innovative approaches to transmission, storage, and distribution infrastructure to harden and enhance resilience and reliability; and
(B)
to demonstrate new approaches to enhance regional grid resilience, implemented through States by public and rural electric cooperative entities on a cost-shared basis.