The Subcommittee on Energy and Power has scheduled a two-day hearing for Wednesday, June 3 and Thursday June 4. On June 3, the subcommittee will meet at 2:00 p.m. in room 2322 of the Rayburn House Office Building and on Thursday June 4, the subcommittee will reconvene at 10:15 a.m. in 2322 Rayburn. The hearing is entitled, “Discussion Draft on Accountability and Department of Energy Perspectives on Title IV: Energy Efficiency." The hearing will examine Title IV’s Subtitle A on Energy Efficiency and Subtitle B on Accountability. Witnesses to be announced.
The broad efficiency proposal outlined in Subtitle A seeks to build upon the committee’s prior success in energy efficiency. The draft works to maximize the federal government’s energy and cost savings and encourage the private sector’s development and use of innovative energy efficient technologies. Subtitle B seeks to bring greater transparency, fairness, and certainty to energy market participants.
The two-day hearing comes on the heels of Energy Secretary Moniz’ testimony to the subcommittee on Tuesday, June 2. Moniz is expected to discuss the Quadrennial Energy Review’s findings and give testimony on relevant discussion drafts released by the committee as part of its comprehensive Architecture of Abundance energy legislation.
Energy and Commerce Committee Chairman Fred Upton and Energy and Power Subcommittee Chairman Ed Whitfield commented, “Our work to construct the Architecture of Abundance is on the fast track. The sooner we get the job done the sooner that we will realize the nation’s fullest energy potential - creating jobs and keeping prices affordable. Our important discussion on accountability and energy efficiency will round out what is shaping up to be a banner week in our continued efforts to bring our energy policies into the 21st century."
To date, the subcommittee has released the following discussion drafts to be included in the committee’s energy bill: Title II: 21st Century Workforce, Title III: Energy Diplomacy, Strategic Petroleum Reserve Mission Readiness Plan, Title IV Energy Efficiency and Accountability, FERC Process Coordination, Hydropower Regulatory Modernization, and Energy Reliability and Security.as they are posted.
