The recently announced stockpile represents significant opportunities, but much of that depends on unresolved details that companies must continue to monitor.

By Charles E. Carpenter, Joshua W. Marnitz, and Austin J. Pierce

Key Points:

  • The $12 billion stockpile has been characterized as similar to other US strategic “reserves” but has a distinct setup with both public and private funding.
  • Questions remain on how the stockpile will take into account US policy priorities and function in practice.

Introduction

On

On June 13, 2011, the White House released a new report by the National Science and Technology Council (NSTC) entitled “A Policy Framework for the 21st Century Grid: Enabling Our Secure Energy Future.”  The report highlights the need for continuing cooperation and collaboration between the Administration, the states, and other stakeholders in order to implement key actions.  Building on the Energy Independence and Security Act of 2007 and $4.5 billion in funding for electric grid modernization initiatives provided