Energy Storage and the Energy Policy Modernization Act
We may be close to seeing the passage of the first major federal energy legislation since the Energy Policy Act of 2007. With a vote of 18-4, the Senate Energy and Natural Resources Committee on July 30, 2015 voted to advance to the Senate floor the Energy Policy Modernization Act. The proposed act was introduced by the leaders of the Senate Energy and Natural Resources Committee: Chairman Lisa Murkowski (R-AK) and ranking member Democrat Maria Cantwell (D-WA). The broad, bipartisan energy legislation is a result of many hearings over 114 proposed energy bills introduced by committee members, dozens of sessions during which stakeholders provided input on the legislation, and over 94 amendments filed during a three-day markup session. The approximately 357-page legislation has five sections: efficiency, infrastructure, supply, accountability, and conservation reauthorization.