Electric Supply Chain Act

This bill would require the Department of Energy to conduct periodic assessments of the supply chain used for the generation and transmission of electricity. These reports would identify vulnerabilities in component supplies, barriers to domestic critical mineral processing, and policies that may deter investment in the supply chain. Additionally, the department would be tasked with providing recommendations to Congress on how to secure and expand these supply chains against emerging issues.

The Department of Energy is directly affected, as it is tasked with conducting periodic assessments and reporting on the electricity generation and transmission supply chain. The bill also impacts the U.S. critical mineral processing industry and domestic entities involved in the supply of electrical components by requiring an analysis of investment barriers and vulnerabilities. Additionally, congressional committees will receive the resulting reports and recommendations to address emerging supply chain issues.

• Supply chain assessments and reporting. The Department of Energy must periodically evaluate and report to Congress on the supply chain supporting electricity generation and transmission. The initial report is due within one year of the bill's enactment.
• Analysis of vulnerabilities and investment barriers. The assessments must identify trends and vulnerabilities regarding electricity components, barriers to domestic critical mineral processing, and policies that discourage investment in the supply chain.
• Recommendations for supply chain security. The Department of Energy is required to provide recommendations to address emerging issues and strategies to secure and expand the domestic electric supply chain.

The Department of Energy is required to submit its initial supply chain assessment and report no later than one year after the date of the bill's enactment.

The bill aims to secure and expand the domestic electric supply chain by requiring the Department of Energy to identify vulnerabilities in electricity generation and transmission components, address barriers to processing critical minerals, and provide recommendations to mitigate emerging supply chain issues.