Facilitating the Reshoring of Energy Grid Component Manufacturing Act of 2024
Summary
Facilitating the Reshoring of Energy Grid Component Manufacturing Act of 2024
This bill directs the Department of Energy (DOE) to establish a loan program for the production of energy grid products or components. Under the program, DOE may provide loans for activities related to projects that reequip, expand, or establish manufacturing facilities to produce energy grid products or their components. Energy grid products include large power transformers or any other electrical equipment commonly used for the transmission or distribution of electric energy by public electric utilities.
Lifecycle of the Bill
Introduced in House
Feb 20, 2026
Introduced in House
Feb 20, 2026
Referred to the House Committee on Oversight and Government Reform.
Feb 20, 2026