Policy Impact Analysis - 117/HR/6779

Bill Overview

Title: GRID Act of 2022

Description: This bill establishes a program to improve the resiliency of the electric grid and critical electric grid equipment (e.g., large transformers and power conversion equipment) to physical attacks, cyberattacks, severe weather, and other harms. In carrying out the program, the Department of Energy may establish federally owned strategic reserves of critical electric grid equipment.

Sponsors: Rep. Lamb, Conor [D-PA-17]

Target Audience

Population: Individuals worldwide who depend on resilient electricity supplies

Estimated Size: 331000000

Reasoning

Simulated Interviews

Data Analyst (Houston, Texas)

Age: 36 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 7/20

Statement of Opinion:

  • I really worry about losing power during hurricanes.
  • With remote work, a stable electricity supply is crucial for my job.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 5
Year 5 8 5
Year 10 8 5
Year 20 8 5

Manufacturing Plant Manager (Detroit, Michigan)

Age: 55 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 20.0 years

Commonness: 5/20

Statement of Opinion:

  • Frequent power interruptions are a huge challenge for our operation and affect our productivity.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 6 3
Year 5 7 3
Year 10 8 3
Year 20 8 3

Healthcare Worker (Los Angeles, California)

Age: 28 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 15.0 years

Commonness: 6/20

Statement of Opinion:

  • Power disruptions can be life-threatening in healthcare settings.
  • Having a more resilient grid could save lives during emergencies.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 6
Year 3 8 6
Year 5 8 5
Year 10 9 5
Year 20 9 5

Retired (Miami, Florida)

Age: 62 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • Power outages make it hard to maintain comfort, especially during the summer heats.
  • Better grid protection could improve my quality of life.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 4
Year 10 7 4
Year 20 7 4

Software Engineer (Seattle, Washington)

Age: 45 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 3.0 years

Commonness: 9/20

Statement of Opinion:

  • We are not significantly affected by grid issues here.
  • Any improvement in grid resilience is welcome but not urgent for us.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Small Business Owner (New York City, New York)

Age: 30 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • Power stability is critical for keeping food fresh and the business running smoothly.
  • Any measures to improve grid resilience are definitely needed.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 4
Year 3 7 4
Year 5 7 4
Year 10 8 3
Year 20 8 3

Farmer (Bismarck, North Dakota)

Age: 40 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 7/20

Statement of Opinion:

  • Electricity is vital for my farm’s operations, especially during the planting and harvest seasons.
  • Better grid protection would definitely reduce risks associated with unexpected outages.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 5
Year 5 8 5
Year 10 8 4
Year 20 8 4

Real Estate Agent (Phoenix, Arizona)

Age: 50 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 8/20

Statement of Opinion:

  • Reliable electricity is key to surviving the hot summers in Phoenix.
  • I welcome any improvements to the grid's resilience.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 5
Year 3 6 5
Year 5 6 5
Year 10 7 4
Year 20 7 4

High School Teacher (Raleigh, North Carolina)

Age: 52 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • Power outages disrupt not just my home, but also the local school where I work.
  • I'd be relieved if outages became less frequent.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 4
Year 5 7 4
Year 10 8 4
Year 20 8 3

University Student (Portland, Oregon)

Age: 22 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 10/20

Statement of Opinion:

  • It's reassuring to see investments in our energy infrastructure.
  • This seems like a step in the right direction for sustainable energy.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 7 5

Cost Estimates

Year 1: $1000000000 (Low: $800000000, High: $1200000000)

Year 2: $1200000000 (Low: $1000000000, High: $1400000000)

Year 3: $1400000000 (Low: $1200000000, High: $1600000000)

Year 5: $1500000000 (Low: $1300000000, High: $1700000000)

Year 10: $1600000000 (Low: $1400000000, High: $1800000000)

Year 100: $0 (Low: $0, High: $0)

Key Considerations