I 
118TH CONGRESS 
2D SESSION 
H. R. 7624 
To require the Federal Energy Regulatory Commission to establish a shared 
savings incentive to return a portion of the savings attributable to an 
investment in grid-enhancing technology to the developer of that grid- 
enhancing technology, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 12, 2024 
Ms. CASTOR of Florida (for herself, Mr. TONKO, and Mr. PETERS) introduced 
the following bill; which was referred to the Committee on Energy and 
Commerce 
A BILL 
To require the Federal Energy Regulatory Commission to 
establish a shared savings incentive to return a portion 
of the savings attributable to an investment in grid- 
enhancing technology to the developer of that grid-en-
hancing technology, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Advancing Grid-En-
hancing Technologies Act of 2024’’ or the ‘‘Advancing 
GETs Act of 2024’’. 
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SEC. 3. SHARED SAVINGS INCENTIVE FOR GRID-ENHANC-
ING TECHNOLOGIES. 
(a) DEFINITION OF DEVELOPER.—In this section, 
the term ‘‘developer’’, with respect to grid-enhancing tech-
nology, means the entity that pays to install the grid-en-
hancing technology. 
(b) ESTABLISHMENT OF SHARED SAVINGS INCEN-
TIVE.—Not later than July 1, 2025, the Commission shall 
promulgate a final rule to implement section 219(b)(3) of 
the Federal Power Act (16 U.S.C. 824s(b)(3)) by pro-
viding a shared savings incentive that returns a portion 
of the savings attributable to an investment in grid-en-
hancing technology to the developer of that grid-enhancing 
technology, in accordance with this section. 
(c) REQUIREMENTS.— 
(1) IN GENERAL.—The Commission shall deter-
mine the percentage of savings attributable to an in-
vestment in grid-enhancing technology that can be 
returned to the developer of that grid-enhancing 
technology pursuant to the shared savings incentive 
established under subsection (b), subject to the con-
dition that the percentage is not less than 10 per-
cent and not more than 25 percent. 
(2) TIME PERIOD FOR RECOVERY.—The shared 
savings incentive established under subsection (b) 
shall return a percentage, determined in accordance 
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with paragraph (1), of the applicable savings to the 
developer of the applicable grid-enhancing tech-
nology over a period of 3 years. 
(d) ELIGIBILITY.—Subject to subsection (e), the 
shared savings incentive established under subsection (b) 
shall apply with respect to— 
(1) any developer, with respect to the invest-
ment of that developer in grid-enhancing technology 
that is installed as described in section 2(2)(B); and 
(2) any grid-enhancing technology, including— 
(A) grid-enhancing technology that relates 
to new transmission facilities or technologies; 
and 
(B) grid-enhancing technology that relates 
to existing transmission facilities or tech-
nologies. 
(e) LIMITATIONS.— 
(1) MINIMUM SAVINGS.— 
(A) IN GENERAL.—The shared savings in-
centive established under subsection (b) shall 
apply with respect to an investment in grid-en-
hancing technology only if the expected savings 
attributable to the investment over the 3-year 
period described in subsection (c)(2), as deter-
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mined by the Commission, are at least 4 times 
the cost of the investment. 
(B) DETERMINATION.— 
(i) IN
GENERAL.—The Commission 
shall determine how to quantify the cost of 
an investment and the expected savings at-
tributable to an investment for purposes of 
subparagraph (A). 
(ii) COSTS.—For purposes of subpara-
graph (A), the cost of an investment may 
include any costs associated with the per-
mitting, installation, or purchase of the ap-
plicable grid-enhancing technology. 
(2) ALREADY
INSTALLED
GETS.—The shared 
savings incentive established under subsection (b) 
may not be applied with respect to grid-enhancing 
technology that is already installed as of the date of 
enactment of this Act. 
(3) CONSUMER PROTECTION.—The Commission 
shall determine appropriate consumer protections for 
the shared savings incentive established under sub-
section (b). 
SEC. 4. CONGESTION REPORTING. 
(a) IN GENERAL.—Beginning on the date that is 1 
year after the effective date of the rule promulgated under 
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subsection (b), all operators of transmission facilities or 
technologies shall submit to the Commission annual re-
ports containing data on the costs associated with conges-
tion management with respect to the transmission facili-
ties or technologies. 
(b) RULEMAKING.—Not later than July 1, 2025, the 
Commission shall promulgate a final rule establishing a 
universal metric and protocol for the measuring and re-
porting of data under subsection (a). 
(c) USES OF DATA.— 
(1) ANALYSES.— 
(A) IN GENERAL.—The Commission and 
the Secretary shall each use the data submitted 
under subsection (a) to conduct analyses, as the 
Commission or the Secretary, as applicable, de-
termines to be appropriate. 
(B) 
COORDINATION.—The 
Commission 
and the Secretary may coordinate with respect 
to any analyses conducted using the data sub-
mitted under subsection (a). 
(2) MAP.—The Commission and the Secretary, 
acting jointly, shall— 
(A) use the data submitted under sub-
section (a) to create a map of costs associated 
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with congestion management in the trans-
mission system; and 
(B) update that map not less frequently 
than once each year. 
(d) PUBLICATION OF DATA AND MAP.—The Com-
mission and the Secretary shall make the data submitted 
under subsection (a) and the map described in subsection 
(c)(2) publicly available on the websites of— 
(1) the Commission; and 
(2) the Department of Energy. 
SEC. 
5. 
GRID-ENHANCING 
TECHNOLOGY 
APPLICATION 
GUIDE. 
(a) DEFINITION OF DEVELOPER.—In this section, 
the term ‘‘developer’’ means a developer of transmission 
facilities or transmission technologies, including a devel-
oper of transmission facilities or transmission technologies 
that pays to install grid-enhancing technology with respect 
to those transmission facilities or transmission tech-
nologies. 
(b) ESTABLISHMENT OF APPLICATION GUIDE.—Not 
later than July 1, 2025, the Secretary shall establish an 
application guide for utilities and developers seeking to im-
plement grid-enhancing technologies. 
(c) UPDATES.—The guide established under sub-
section (b) shall be reviewed and updated annually. 
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(d) TECHNICAL ASSISTANCE.— 
(1) IN GENERAL.—On request of a utility or de-
veloper using the guide established under subsection 
(b), the Secretary shall provide technical assistance 
to that utility or developer with respect to the use 
of grid-enhancing technologies for particular applica-
tions. 
(2) CLEARINGHOUSE.—In carrying out para-
graph (1), the Secretary shall establish a clearing-
house of previously completed grid-enhancing tech-
nology projects that the Secretary, utilities, and de-
velopers may use to identify issues and solutions re-
lating to the use of grid-enhancing technologies for 
particular applications. 
(e) AUTHORIZATION
OF APPROPRIATIONS.—There 
are authorized to be appropriated to carry out this section, 
to remain available until expended— 
(1) $5,000,000 for fiscal year 2024; and 
(2) $1,000,000 for each of fiscal years 2025 
through 2035. 
Æ 
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