The Senate passed the first broad energy bill in nine years on Wednesday, legislation containing modest measures popular with both Republicans and Democrats to modernize the power grid and speed the permitting process for liquefied natural gas exports.
The bill, which passed 85-12, attempts to protect the power grid from extreme weather events such as ice storms and hurricanes, and from cyber attacks. It also aims to spur innovations in storage of power from wind and solar energy.
The House of Representatives passed a similar bill last year.
The Energy Policy and Modernization Act would increase U.S. exports of liquefied natural gas (LNG), eventually helping to give European consumers alternatives to relying mainly on Russia for gas.
After disagreements held the bill up for months, senators last week dropped measures from the bill to aid Flint, Michigan overcome a drinking water crisis, in which children have been exposed to dangerous levels of lead, and on offshore drilling.
Lawmakers from both the House and Senate will next iron out differences over the bill. The Senate bill, for instance, requires the Department of Energy to issue a decision on LNG projects within 45 days of an environmental assessment, while the House bill directs the DOE to make the decision on permits after 30 days.
Senator Maria Cantwell, a Democrat from Washington state who co-sponsored the bill, said shortly before it passed that she hoped the chambers would move quickly “so that we can realize the opportunity to help our businesses and consumers plan for the energy future.”
The White House has signaled that President Barack Obama would sign the Senate bill.
Energy policy analyst Kevin Book of ClearView Energy Partners said the chances the bill would be signed into law this year were about 65 percent, because the White House has had some differences with the House bill.
Read more: Senate passes bill to bolster power grid, speed LNG exports