The American Energy Innovation Act (AEIA) will modernize domestic energy laws to ensure the United States remains a global energy leader while also strengthening national security, increasing our international competitiveness, and investing in clean energy technologies.
“This legislation is the result of strong bipartisan work with my colleagues on the Senate Energy and Natural Resources Committee to make a down payment on emissions-reducing technologies, reassert the United States’ leadership role in global markets, enhance our grid security, and protect consumers. Importantly, this bill will connect energy-producing communities, including in states like West Virginia and Alaska, to new markets and job opportunities while laying the groundwork for the Department of Energy to advance new and necessary critical emissions-reducing technologies,” Manchin said.
“This bill is our best chance to modernize our nation’s energy policies in more than 12 years,” Murkowski said. “By working together to pass it into law, we can promote a range of emerging technologies that will help keep energy affordable even as it becomes cleaner and cleaner. Our bill also addresses national needs by taking overdue steps to enhance our cybersecurity, grid security, and mineral security. I’m proud of the bipartisan work we have done and encourage all members of the Senate to work with us to advance it through the legislative process.”
The key provisions in the AEIA focus on energy efficiency; renewable energy; energy storage; carbon capture, utilization, and storage; advanced nuclear; industrial and vehicle technologies; the Department of Energy; mineral security, cyber and grid security and modernization; and workforce development.
The Senate Energy and Natural Resources Committee held legislative hearings and business meetings throughout 2019 and, following regular order, reported more than 50 energy-related bills to the full Senate on an individual basis. Most of those measures have now been compiled in the AEIA.
Earlier today, Senate Majority Leader Mitch McConnell, R-Ky., filed cloture on the motion to proceed to S. 2657, a Murkowski-Manchin geothermal research and development bill that will serve as the legislative vehicle for the bipartisan energy innovation package. When a vote on the motion to proceed to S. 2657 is successful, Manchin and Murkowski will offer a substitute amendment featuring the full text of the AEIA.
Manchin is the Ranking Member and Murkowski is the Chairman of the Senate Energy and Natural Resources Committee.