Reinvigorating American Energy Infrastructure Act

Bill: 115-s-3653
Sponsor: full_name: Sen. Young, Todd [R-IN]
Introduced: 2018-11-15
Policy area: Energy
Subjects: Advanced technology and technological innovations

Coal

Electric power generation and transmission

Government lending and loan guarantees

Licensing and registrations

User charges and fees
Latest action: action_date: 2018-11-15
text: Read twice and referred to the Committee on Energy and Natural Resources.

Summaries:
action_date: 2018-11-15
action_desc: Introduced in Senate
text: <p><b>Reinvigorating American Energy Infrastructure Act</b></p> <p>This bill expands eligibility for the Department of Energy's loan guarantee program for advanced fossil energy technology projects to include certain high efficiency, low emissions coal-fired power plants.</p>

tv_txt: II 115th CONGRESS 2d Session S. 3653 IN THE SENATE OF THE UNITED STATES November 15, 2018 Mr. Young introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources A BILL To amend the Energy Policy Act of 2005 to provide that certain coal-fired power plants are eligible for loan guarantees, and for other purposes.

1. Short title This Act may be cited as the Reinvigorating American Energy Infrastructure Act . 2. Expansion of fossil energy loan guarantees (a) In general Section 1703 of the Energy Policy Act of 2005 ( 42 U.S.C. 16513 ) is amended— (1) in subsection (b)(2), by striking in subsection (d) and inserting under subsection (d) and coal-fired electric generating units meeting the criteria under subsection (e) ; (2) by redesignating subsection (e) as subsection (f); and (3) by inserting after subsection (d) the following: (e) Coal-Fired electric generating units (1) In general The Secretary may make guarantees for the following coal-fired electric generating projects: (A) Large-scale hele units Large-scale high-efficiency, low-emissions coal-fired electric generating units— (i) not less than 65 percent of the annual net energy output of which is used to generate electricity; (ii) that have a maximum design (nameplate) generating capacity that is not less than 350 megawatts; (iii) that derive not less than 65 percent of the annual heat input from coal or 1 or more coal derived fuels; (iv) that have been designed to achieve an overall generation efficiency of not less than 40 percent; (v) that have the capability of accommodating the equipment that might be necessary in the future to capture the carbon dioxide emissions from the unit; and (vi) that, to the maximum extent practicable, minimize water consumption. (B) Small-scale hele units Small-scale, high-efficiency, low-emissions coal-fired electric generating units— (i) not less than 65 percent of the annual net energy output of which is used to generate electricity; (ii) that employ a modular design that maximizes the benefits of high-quality, low-cost shop fabrication to minimize construction costs and project cycle time; (iii) that have a maximum design (nameplate) generating capacity that is less than 350 megawatts; (iv) that derive not less than 65 percent of the annual heat input from coal or 1 or more coal derived fuels; (v) that have been designed to achieve an overall generation efficiency of not less than 40 percent; (vi) that have the capability of accommodating the equipment that might be necessary in the future to capture the carbon dioxide emissions from the unit; (vii) that have a load following capability down to 25 percent of maximum continuous rating for the unit; (viii) that have the capability to achieve high ramp rates of not less than 4 percent of the maximum continuous rating per minute of the unit; and (ix) that, to the maximum extent practicable, minimize water consumption. (2) Fees The Secretary shall not require with respect to a project receiving a guarantee under paragraph (1)— (A) any payment under section 1702(b) for the cost of the guarantee; or (B) the payment of— (i) any fees to cover administrative expenses under section 1702(h); or (ii) any other fees under this title, including application fees, facility fees, and maintenance fees. (3) Streamlined permitting A project receiving a guarantee under paragraph (1) shall be considered to be a covered project under title XLI of the FAST Act ( 42 U.S.C. 4370m et seq.). . (b) Conforming amendments Section 1702 of the Energy Policy Act of 2005 ( 42 U.S.C. 16512 ) is amended— (1) in subsection (b)— (A) by striking the subsection designation and heading and all that follows through No guarantee in the matter preceding subparagraph (A) and inserting the following: (b) Specific appropriation or contribution Except as provided in section 1703(e)(2)(A), no guarantee ; (B) by redesignating subparagraphs (A) through (C) as paragraphs (1) through (3), respectively, and indenting appropriately; and (C) in paragraph (3) (as so redesignated)— (i) by striking subparagraph (A) and inserting paragraph (1) ; and (ii) by striking subparagraph (B) and inserting paragraph (2) ; and (2) in subsection (h)(1), by striking The Secretary and inserting the following: Except as provided in section 1703(e)(2)(B), the Secretary . (c) Technical correction Section 20320(a) of the Continuing Appropriations Resolution, 2007 ( 42 U.S.C. 16515(a) ) is amended, in the first sentence, by striking section 1702(b)(2) and inserting section 1702(b) .