Sen Reid Seen Unveiling Grid Bill With Exclusive FERC Powers
February 20 2009 - 6:47PM
Dow Jones News
Industry officials expect Senate Majority leader Harry Reid,
D-Nev., to unveil as early as Monday new legislation to renovate
the nation's electricity grid that is likely to include
controversial exclusive federal siting powers.
Friday, a broad coalition of industry and environmental groups
that have advised Reid on the bill outlined policy recommendations
to rebuild the nation's power transmission system to accommodate
President Barack Obama's plan to double renewable energy production
within three years.
Specifically, the group is urging lawmakers to give the Federal
Energy Regulatory Commission greater, even exclusive, powers to
site high-voltage power lines that can distribute renewable energy
- often generated in desolate areas of the country - to highly
populated regions. The Energy Future Coalition's several dozen
members includes the American Wind Energy Association, industrial
engineering company Babcock & Brown (BNB.AU), Spanish
renewables firm Iberdrolla (IBDRY), the National Audubon Society
and the Solar Industries Association.
"Given what we know about transmission line construction, it's
very likely that some eminent domain will have to be exercised,"
said Carl Zichella, director of the Sierra Club's western renewable
program. Though, he adds, the group is proposing broad scale
planning with as many stakeholders as possible early in the process
"to avoid routing that creates the kind of problems that require
extensive uses of eminent domain."
Reid said earlier this week an energy bill that included
transmission and a mandate to increase renewable energy production
could be debated in the Senate within weeks, though aides in his
office said that Democratic leaders hadn't determined whether the
bill would be a comprehensive package or a series of standalone
bills. Monday, the Majority Leader will be hosting a "Clean Energy"
Conference where he is expected to unveil the bill.
"I do expect them to move very quickly to introduce
legislation," said Reid Detchon, the executive director of the
Energy Future Coalition.
Energy Secretary Stephen Chu hinted Thursday the Obama
Administration may support Congress seeking the new powers, saying
that transmission had become a "national imperative" and a matter
of national security.
Congress has spurred historic growth in the renewables
manufacturing sector through tax credits, grants, loans and loan
guarantees, making the U.S. one of the biggest producers of wind
power in the world, but an aging and antiquated grid built for a
different energy era is preventing many major projects from moving
ahead.
Many utilities can construct new transmission lines within two
years, but have to wait almost a decade for approval from local,
state and federal authorities.
"It's one of the thorniest issues we face," said Bracken
Hendricks, a senior fellow at the Center for American Progress,
which has strong ties to the Democratic party.
Detchon said the new transmission system was a $100 billion to
$400 billion market opportunity for the private sector. Bulk power
line construction companies such as ITC power and Composite Power
Corp. and firms that specialize in artificially intelligent grid
systems such as Ambient Corp. (ABTG), Echelon Corp. (ELON) and
Direct Energy, a unit of Centrica (CNA.LN) could benefit from the
growth of the market.
With record growth to around 25 gigawatts of total wind capacity
last year, the U.S. is now one of the world's biggest producers of
renewable energy. But between 200 gigawatts to 300 gigawatts of
drafted wind projects remain stranded on paper because there isn't
the transmission capacity to link them to demand.
An example of the type of battle Reid's bill is looking to
prevent is a ruling by the U.S. Court of Appeals for the Fourth
Circuit ruling earlier this week. The court overruled the FERC's
interpretation of the Federal Power Act, which would have allowed
the agency to overrule state objections and permit the construction
of power lines, such as the one proposed by New York Regional
Interconnect.
The Obama Administration is also trying to reroute the forecast
transmission bottleneck through the Interior Department. Secretary
Ken Salazar said one of his top priorities is evaluating federal
lands for their potential for transmission siting.
"Mapping out the transmission corridors across the vast
stretches of (Bureau of Land Management] land where are there are
not sensitive ecosystems that need to be protected might be
appropriate," Salazar told reporters Friday.
"I don't believe we'll please everybody in the end, but I
believe the time for this new-energy economy has arrived," Salazar
said.
Reid may also try to add provisions to his bill that would try
to limit the amount of electrons flowing through new transmission
that aren't from renewable energy production, though that may be
impractical for a number of reasons. Instead, the administration
may try to prevent coal fired power plants from taking advantage of
the new lines by regulating carbon dioxide emissions through the
Clean Air Act permitting process.
Even if the government is able to pass a bill that gives new
siting powers to FERC, Zichella admits meeting the president's goal
of doubling renewable energy output, "is going to be a tremendous
lift," and new power lines are likely to take years to come
online.
FERC Thursday approved a new 1,000-mile transmission line that
will connect a new renewable energy project in the western U.S.,
but said it wouldn't come online until 2014.
Analysts say Reid's transmission bill is likely to include much
stronger exclusive siting powers than the legislation he filed last
year that would have created "renewable energy zones," and given
FERC powers to site in those areas.
-By Ian Talley, Dow Jones Newswires; 202-862-9285,
Ian.talley@dowjones.com