At long last, we might have a little movement in terms of an update to Federal energy policy.
A joint conference between the U.S. House and Senate has been established to move a long-awaited package of energy policy updates through Congress. Members were appointed to the joint conference committee two weeks ago. Now begins the process of determining compromises on the differences between the two bills.
A major energy bill hasn’t passed since the Energy Independence and Security Act of 2007. In part, this is because changes and technologies in the energy sector have been divisive, even between members of the same political party. While it touches on most energy sectors, this package primarily seeks to promote more research, workforce development programs, changes to energy efficiency standards and some support for electric grid modernization. There is also currently some language supporting exports of liquified natural gas (click here for a summary of key provisions).
House, Senate Look to Reconcile Energy Bills, Schedule Permitting (Morning Consult)
Senate OKs Conference on Energy Bill (RTO Insider)