S.2714 - ARPA–E Reauthorization Act of 2019116th Congress (2019-2020)
|Sponsor:||Sen. Van Hollen, Chris [D-MD] (Introduced 10/28/2019)|
|Committees:||Senate - Energy and Natural Resources|
|Committee Meetings:||11/19/19 10:00AM 11/06/19 10:00AM|
|Committee Reports:||S. Rept. 116-195|
|Latest Action:||Senate - 01/07/2020 By Senator Murkowski from Committee on Energy and Natural Resources filed written report. Report No. 116-195. (All Actions)|
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Summary: S.2714 — 116th Congress (2019-2020)All Information (Except Text)
Reported to Senate (12/17/2019)
ARPA-E Reauthorization Act of 2019
This bill revises and reauthorizes through FY2024 the Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E).
Among other things, the bill
- revises the goals of ARPA-E to include the development of energy technologies that improve the resilience, reliability, and security of infrastructure to produce, deliver, and store energy;
- directs ARPA-E, in awarding grants, to consider the success or failure of any project carried out by an entity using prior grant funds; and
- requires ARPA-E to ensure that an award is not provided for a project unless the prospective award recipient demonstrates that (1) a sufficient attempt has been made to secure private financing, or (2) the project is not independently commercially viable.