Advanced Transmission Technology to Reduce Rates Act

This bill directs the Secretary of Energy to establish a publicly available clearinghouse for advanced transmission technology within one year. This clearinghouse will provide comprehensive information on Department of Energy projects, available financial assistance, and detailed analyses of the effects and benefits of deploying these technologies, such as expanded capacity and reduced congestion. The Secretary will also offer technical assistance to electric utilities, transmission organizations, and state regulatory authorities to facilitate the use of the clearinghouse, access financial aid, and integrate advanced technologies into planning and regulatory frameworks. To accelerate the adoption of advanced transmission technology, the bill exempts federal funding for its deployment from being considered a major federal action under the National Environmental Policy Act (NEPA) . Additionally, it requires the Secretary of Energy to establish best practices for wildfire mitigation from the bulk-power system within one year. These practices, developed in consultation with industry, will cover areas like vegetation management and improved engineering, aiming to reduce ignition risks while ensuring utilities' voluntary adoption.