Lowering Energy Costs through Grid Modernization Act aims to modernize the national electric grid by supporting advanced conductors and related.
The Lowering Energy Costs through Grid Modernization Act seeks to accelerate the modernization of the national electric grid by supporting advanced conductors and related systems. It includes provisions for tax credits related to high-performance transmission property, which must meet specific performance criteria. The bill also mandates studies on the economic and grid reliability benefits of right-of-way optimization and reconductoring projects.
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- Legal Framework
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