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, analyze barriers to domestic processing of critical materials, and offer recommendations to secure and expand the supply chain. The initial assessment and report to Congress would be due within one year of the bill's enactment.

The Department of Energy is directly affected, as it is required to conduct periodic assessments and report on the electricity supply chain. The bill also impacts congressional committees that will receive these reports regarding supply chain vulnerabilities and domestic investment policies. Additionally, the legislation focuses on entities involved in the generation and transmission of electricity, as well as those engaged in processing critical materials for the supply chain.

• Electricity supply chain assessments. The Department of Energy is required to conduct periodic assessments of the supply chain supporting electricity generation and transmission.
• Reporting on supply chain vulnerabilities and barriers. The Department of Energy must report to Congress on supply chain trends, vulnerabilities, and domestic policy barriers that deter investment or the processing of critical materials.
• Recommendations for supply chain security. The reports must include recommendations to address emerging issues and strategies to secure and expand the domestic electricity supply chain.
• Initial reporting deadline. The first assessment and report must be submitted to the appropriate congressional committees within one year of the bill's enactment.

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

The bill aims to secure and expand the domestic electricity supply chain by requiring the Department of Energy to identify vulnerabilities, assess barriers to processing critical materials, and recommend policy changes to increase investment and capacity for generating and transmitting electricity.