Projects enhancing insular energy independence
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(a) Project feasibility studies
(1) In generalOn a request described in paragraph (2), the Secretary shall conduct a feasibility study of a project to implement a strategy or project identified in the plans submitted to Congress pursuant to section 1492 of title 48 as having the potential to—
(A)
significantly reduce the dependence of an insular area on imported fossil fuels; or
(B)
provide needed distributed generation to an insular area.
(2) RequestThe Secretary shall conduct a feasibility study under paragraph (1) on—
(A)
the request of an electric utility located in an insular area that commits to fund at least 10 percent of the cost of the study; and
(B)
if the electric utility is located in the Federated States of Micronesia, the Republic of the Marshall Islands, or the Republic of Palau, written support for that request by the President or the Ambassador of the affected freely associated state.