We have all seen the headlines that appeared recently with the signing into legislation of the Energy Independence and Security Act of 2007. While many of us are still confronting the realities of the Energy Policy Act of 2005, this new legislation has an even more important impact on the electric power community.
The headlines that emerged from the enactment of the new legislation revolved around mandates for improvements in automobile mileage, more use of ethanol, efficient light bulbs and efficient buildings. That is all well and good and represents meaningful progress toward at least a measure of energy independence. However, little attention was given to Title Nine, hidden in the latter sections of the 300-plus page bill, signed into law in December, 2007. This new legislation includes some notable and progressive items including a statement of purposes for the Energy Independence Act as set forth in the preamble:
To move the United States toward greater energy independence and security, to
increase the production of clean renewable fuels, to protect consumers, to increase
the efficiency of products, buildings, and vehicles, to promote research on and
deploy greenhouse gas capture and storage options, and to improve the energy
performance of the Federal Government, and for other purposes.
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summary reviews and highlights from completed studies
