WASHINGTON, D.C. – June 3, 2015 – (RealEstateRama) — The Subcommittee on Energy and Power, chaired by Rep. Ed Whitfield (R-KY), yesterday held a hearing on the “Quadrennial Energy Review and Related Discussion Drafts.” Secretary of Energy Ernest Moniz touched on the findings of the administration’s Quadrennial Energy Review (QER), which highlighted the need to modernize our nation’s energy transmission, storage, and distribution infrastructure. In addition to testifying on the QER, Secretary Moniz provided testimony on the relevant discussion drafts released by the committee as part of its plan to build the Architecture of Abundance and say ‘#Yes2Energy.’
“First and foremost, America’s energy boom is necessitating an infrastructure boom. We need more pipelines and storage facilities and all the other elements of the infrastructure for oil and natural gas. We also need more electric transmission lines and upgrades to the existing infrastructure to ensure that our electricity supply is sufficient, reliable, and secure against outside attacks,” said Whitfield.
The first installment of the quadrennial cycle of energy reviews was released on April 21, 2015. The QER included several recommendations to meet America’s growing energy infrastructure needs – many of which are the focus of the committee’s draft energy bill. Whitfield reiterated this point stating that “This detailed study focused on the infrastructure implications of America’s new energy boom, and many of its recommendations overlap with provisions in our draft energy bill.”
Click HERE to watch the video of Whitfield’s opening statement
Secretary Moniz added, “We need a step change to modernize and transform our energy systems to meet U.S. environmental, energy security, and competitiveness goals for the 21st century.”
To learn what the second panel of witnesses discussed, click HERE.
To learn more about the committee’s plan to build the Architecture of Abundance, click HERE.
