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42 U.S.C. § 18775 — Plan for the modeling and forecasting of demand for minerals used in the energy sector

submitted 5 years ago by Pub. L. 117-58 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 273 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Energy Information Administration, working with the U.S. Geological Survey, must create a plan forecasting demand for minerals used in energy technology. The plan must project demand over the next 1, 5, and 10 years by economic sector. It must be developed jointly with the Energy Department and the Interior Department to align with data on where those minerals are actually produced.

(a) Plan
Within 180 days of November 15, 2021, the Administrator, working with the Director of the U.S. Geological Survey, must create a plan for modeling and forecasting demand for energy technologies -- used to produce, transmit, or store energy -- that use minerals that are, or could be, designated critical minerals. This plan must identify: the type and amount of minerals each energy technology uses; existing markets for manufactured energy-producing, transmission, and storage equipment; and emerging or potential markets for new energy technologies just entering commercial use.

(b) Metrics
The plan must forecast demand for energy technology over the next 1, 5, and 10 years from when the plan is finished, broken down by economic sector, and by any other measures the Administrator and the Interior Department's U.S. Geological Survey decide are needed for the Annual Critical Minerals Outlook.

(c) Collaboration
The Administrator must develop this plan by consulting with the Secretary of Energy about where emerging energy technologies are headed, and with the Secretary of the Interior (through the U.S. Geological Survey) to coordinate, avoid duplicating work, and match the demand analysis with data on where the minerals are produced, refined, and processed into energy technology parts.

the actual law source: uscode.house.gov ↗public domain
(a) Plan
(1) In general

Not later than 180 days after November 15, 2021, the Administrator, in coordination with the Director of the United States Geological Survey, shall develop a plan for the modeling and forecasting of demand for energy technologies, including for energy production, transmission, or storage purposes, that use minerals that are or could be designated as critical minerals.

(2) Inclusions

The plan developed under paragraph (1) shall identify—

(A)

the type and quantity of minerals consumed, delineated by energy technology;

(B)

existing markets for manufactured energy-producing, energy-transmission, and energy-storing equipment; and

(C)

emerging or potential markets for new energy-producing, energy-transmission, and energy-storing technologies entering commercialization.

(b) Metrics

The plan developed under subsection (a)(1) shall produce forecasts of energy technology demand—

(1)

over the 1-year, 5-year, and 10-year periods beginning on the date on which development of the plan is completed;

(2)

by economic sector; and

(3)

according to any other parameters that the Administrator, in collaboration with the Secretary of the Interior, acting through the Director of the United States Geological Survey, determines are needed for the Annual Critical Minerals Outlook.

(c) Collaboration

The Administrator shall develop the plan under subsection (a)(1) in consultation with—

(1)

the Secretary with respect to the possible trajectories of emerging energy-producing and energy-storing technologies; and

(2)

the Secretary of the Interior, acting through the Director of the United States Geological Survey—

(A)

to ensure coordination;

(B)

to avoid duplicative effort; and

(C)

to align the analysis of demand with data and analysis of where the minerals are produced, refined, and subsequently processed into materials and parts that are used to build energy technologies.

Source credit: (Pub. L. 117–58, div. D, title IV, § 40415, Nov. 15, 2021, 135 Stat. 1044.)

history & why it existsrecord from the source credit
  • 2021Enacted · Pub. L. 117-58 · 135 Stat. 1044

A history note hasn’t been published yet. The record shows enactment by Pub. L. 117-58 on 2021-11-15.

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