Grid Expansion and Reliability Act

This bill, known as the Grid Expansion and Reliability Act, shifts authority over siting interstate electric transmission facilities from the Department of Energy to the Federal Energy Regulatory Commission. It allows companies to self-certify and begin building transmission lines in designated national interest corridors without waiting for a full permit, provided they submit specific information about their identity, project details, and timeline. The Federal Energy Regulatory Commission must create regulations for this process within a year, conduct annual audits of certifications, and report to Congress on how well the system works. These changes aim to streamline the approval process for new power grid infrastructure while maintaining oversight through reporting and auditing requirements.