[Senate Hearing 118-338]
[From the U.S. Government Publishing Office]


                                                        S. Hrg. 118-338

                THE OPPORTUNITIES, RISKS, AND CHALLENGES
                  ASSOCIATED WITH GROWTH IN DEMAND FOR
                  ELECTRIC POWER IN THE UNITED STATES

=======================================================================

                                HEARING

                               BEFORE THE

                              COMMITTEE ON
                      ENERGY AND NATURAL RESOURCES
                          UNITED STATES SENATE

                    ONE HUNDRED EIGHTEENTH CONGRESS

                             SECOND SESSION

                               __________

                              MAY 21, 2024

                               __________


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                       Printed for the use of the
               Committee on Energy and Natural Resources

        Available via the World Wide Web: http://www.govinfo.gov
        
                                __________

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               COMMITTEE ON ENERGY AND NATURAL RESOURCES

                JOE MANCHIN III, West Virginia, Chairman
RON WYDEN, Oregon                    JOHN BARRASSO, Wyoming
MARIA CANTWELL, Washington           JAMES E. RISCH, Idaho
BERNARD SANDERS, Vermont             MIKE LEE, Utah
MARTIN HEINRICH, New Mexico          STEVE DAINES, Montana
MAZIE K. HIRONO, Hawaii              LISA MURKOWSKI, Alaska
ANGUS S. KING, JR., Maine            JOHN HOEVEN, North Dakota
CATHERINE CORTEZ MASTO, Nevada       BILL CASSIDY, Louisiana
JOHN W. HICKENLOOPER, Colorado       CINDY HYDE-SMITH, Mississippi
ALEX PADILLA, California             JOSH HAWLEY, Missouri

                      Renae Black, Staff Director
                      Sam E. Fowler, Chief Counsel
                Daniel Palken, Professional Staff Member
              Justin J. Memmott, Republican Staff Director
           Patrick J. McCormick III, Republican Chief Counsel
       Valerie Manak, Republican Deputy Staff Director for Energy
                           
                           C O N T E N T S

                              ----------                              

                           OPENING STATEMENTS

                                                                   Page
Manchin III, Hon. Joe, Chairman and a U.S. Senator from West 
  Virginia.......................................................     1
Barrasso, Hon. John, Ranking Member and a U.S. Senator from 
  Wyoming........................................................     9
Risch, Hon. James E., a U.S. Senator from Idaho..................    12

                               WITNESSES

Fowke III, Benjamin G.S., Interim CEO and President, American 
  Electric Power Company.........................................    13
Onaran, Karen, President and CEO, Electricity Consumers Resource 
  Council                                                            32
Gatzemeier, Scott, Corporate Vice President, Front-End U.S. 
  Expansion, Micron Technology...................................    41
Mills, Mark, Executive Director, National Center for Energy 
  Analytics......................................................    49

          ALPHABETICAL LISTING AND APPENDIX MATERIAL SUBMITTED

American Clean Power Association:
    Letter for the Record........................................    91
Barrasso, Hon. John:
    Opening Statement............................................     9
    Chart entitled ``U.S. vs. China: Cumulative Change in Coal 
      Power Since 2015 Paris Agreement...........................    11
Clean Energy Buyers Association:
    Letter for the Record........................................    93
Electricity Customer Alliance:
    Letter for the Record........................................    95
Fowke III, Benjamin G.S.:
    Statement for the Record.....................................    13
    Written Testimony............................................    16
    Responses to Questions for the Record........................    78
Gatzemeier, Scott:
    Statement for the Record.....................................    41
    Written Testimony............................................    43
    Responses to Questions for the Record........................    84
Manchin III, Hon. Joe:
    Opening Statement............................................     1
    Chart entitled ``Total Manufacturing Construction Spending: 
      U.S. vs. EU, Percentage Change''...........................     2
    Chart entitled ``NERC: 5 U.S. Regions at Elevated Risk of 
      Outages This Summer''......................................     5
    Chart entitled ``Wind Capacity Additions (GW)''..............     7
Mills, Mark:
    Statement for the Record.....................................    49
    Written Testimony............................................    51
    Responses to Questions for the Record........................    88
Onaran, Karen:
    Statement for the Record.....................................    32
    Written Testimony............................................    34
    Responses to Questions for the Record........................    80
Risch, Hon. James E.:
    Opening Statement............................................    12
(The) Williams Companies, Inc.:
    Statement for the Record with attachments....................    97
Zero Emission Transportation Association:
    Statement for the Record.....................................   127

 
   THE OPPORTUNITIES, RISKS AND CHALLENGES ASSOCIATED WITH GROWTH IN 
             DEMAND FOR ELECTRIC POWER IN THE UNITED STATES

                              ----------                              


                         TUESDAY, MAY 21, 2024

                                       U.S. Senate,
                 Committee on Energy and Natural Resources,
                                                    Washington, DC.
    The Committee met, pursuant to notice, at 10:02 a.m. in 
Room SD-366, Dirksen Senate Office Building, Hon. Joe Manchin 
III, Chairman of the Committee, presiding.

          OPENING STATEMENT OF HON. JOE MANCHIN III, 
                U.S. SENATOR FROM WEST VIRGINIA

    The Chairman. The meeting will come to order.
    Today we are here to discuss the opportunities, risks, and 
challenges associated with the growth in demand for electric 
power in the United States. In the half century after World War 
II, demand for electricity grew steadily in this country, along 
with our economy, but in the decade following the 
implementation of the North American Free Trade Agreement, 
which was in the 1990s, annual electricity demand growth fell 
by nearly 45 percent--45 percent. And for the past two decades, 
electrical demand--or ``load''--has been flat across the 
country.
    We are here today because that era appears to be coming to 
an end rapidly. With exponential growth in the domestic 
technology and manufacturing sectors, utilities and grid 
experts across the country are telling us that electricity 
demand is poised for truly remarkable growth. Meeting this 
demand growth may prove to be one of the greatest challenges--
and also opportunities--that we will face in 21st century for 
our citizens, our economy, and the defense and security of our 
country.
    I want to thank our witnesses for being here to share their 
perspectives on this historic load growth and what is at stake 
if we do not meet it. The load growth is being driven by three 
main factors as we evaluate it. First, it is the reshoring of 
industry and advanced manufacturing spurred by the Bipartisan 
Infrastructure Law, the CHIPS Act, and the IRA. Construction 
spending on manufacturing has more than doubled since we signed 
these bills--and I think you see this behind you--signed these 
bills into law as shown in the chart behind me.
    [The chart referred to follows:]
    [GRAPHIC NOT AVAILABLE IN TIFF FORMAT]
    
    The Chairman. This is unbelievable. Unbelievable. People 
don't realize how much is coming into the U.S. and how rapidly 
demand--that tells you the spread of energy that we need and 
what we don't have, maybe. So look, the EU has been flat as a 
pancake. Most of all, the world's been flat as a pancake, and 
here we are. We are seeing new factories to build advanced 
energy and semiconductor technology spring up practically every 
week.
    Second, it is a revolution in advanced computing 
applications, especially artificial intelligence and the rapid 
growth in data centers to provide the processing power needed 
for those technologies. And I understand that they just have an 
unquenchable thirst for power as far as the data centers. And 
third, it is the push to electrify technologies across multiple 
sectors, like the administration's push to flood the market 
with EVs, which I think they are way over their skis on, and I 
have been cautioning and warning them from day one.
    The North American Electric Reliability Corporation, or 
NERC as we know it, projects in its 2023 long-term reliability 
assessment that there will be 90 gigawatts of demand growth by 
2030. Put that in perspective. That is over ten percent of this 
peak of the U.S. electrical demand, which is about 750 
gigawatts. But even that number is likely conservative. NERC 
relies on data submitted in the previous year from industry and 
the forecast just keeps growing unbelievably faster than what 
they can keep up with.
    This is unbelievable. Last month, the Texas grid operator 
revised its 2030 load forecast from last year to add 40 
gigawatts of new expected load growth. One state. That is like 
adding the demand of the entire State of California to the 
Texas grid six years from now. That should be a wake-up call. I 
hope it is. We need to be prepared to meet this demand. Let me 
be clear: the load growth is an opportunity of a generation, 
and it is ours to lose.
    The reason we have the growth is that industries that will 
define the 21st century--chips, AI, advanced manufacturing--are 
tripping over one another to build in America. They are coming 
from all over the world, but there is no guarantee of success. 
To put it plainly, we can't be open for business if we can't 
keep the lights on.
    If America can't build the energy infrastructure needed to 
support these industries with reliable and affordable power, we 
will be forfeiting the opportunity to be on the forefront of 
technologies of the future and ceding control to China and 
other nations that we cannot necessarily trust. And right now, 
between the Administration's policies and our inability to act 
in Congress, it seems like we may be in the real danger of 
doing just that.
    We have heard from both FERC and NERC that our grid's 
reliability and affordability are at risk because we are 
retiring baseload dispatchable generation faster than we can 
replace it. They came in and spoke with me and told me that 
basically we are taking off dispatchable 24/7, whether it be 
coal, nukes, whatever it may be that we can depend on, and now 
even natural gas because of an environmental movement, trying 
to replace it with intermittent power. And they are very, very 
concerned across the board.
    NERC's summer assessment came out last week. These are 
brand new numbers, and they show half the country at elevated 
risk of blackouts this summer, as shown in this chart.
    [The chart referred to follows:]
    [GRAPHIC NOT AVAILABLE IN TIFF FORMAT]
    
    The Chairman. If you live in or represent one of these 
areas, tell them to watch out. They are going to be in trouble. 
The potential is great that they may be having rolling 
brownouts and even blackouts, and that should be concerning to 
everybody in this Administration and every Senator and 
Congressmember who represents those areas.
    Last July, NERC even added energy policy as a brand-new 
category of major risk facing our grid. When NERC, which is 
basically nonpartisan, says the policies that you are putting 
out in Washington--and only Washington can fix it--are 
basically putting us at risk, you should take heed. It is 
ridiculous that government action is creating new categories of 
grid risk instead of preventing the risk.
    As if to prove NERC's point, EPA recently finalized four 
new power plant rules that, as far as I can tell, aim to kill 
coal completely and stop natural gas from replacing it. It's a 
double-whammy. I don't know what they are thinking. These 
dispatchable resources are essential for reliability. And I 
have said this to them: the transition is going to happen, but 
you can't take something off before you have something equally 
as good if not better to replace it with.
    You might not like coal, but coal has built this country 
into what it is today. We are doing it better and cleaner than 
any place else in the world. And the transition is there, no 
one's fighting the transition. Just give us other jobs that we 
can do to take care of our families and make a living, and 
that's fine. The bottom line is, we don't have that technology 
yet. We are not there, but they are just damned to do it 
because of the political reasons. And that is what we are 
trying to make sure they understand, that it's not going to 
work.
    These dispatchable resources are essential for reliability, 
I have said, and if this Administration were serious about 
onshoring critical industries, the ones driving the load 
growth, they would not be in a race to take power offline, they 
would be racing to bring new generation on. But instead, it is 
getting harder and harder to admit and build new energy 
infrastructure and connect new generation to the grid. It just 
is. We now have 2.6 million megawatts of generation waiting an 
average of five years to connect. Think about that. So 2.6 
million megawatts waiting to go and nowhere to go with it.
    For example, in West Virginia, in my little state, we have 
one plant over 1,800 megawatts, a state-of-the-art, combined 
cycle gas plant with carbon capture. The cleanest it can 
possibly be. The cleanest. But the company's telling me they 
have to wait half a decade before they even get the green light 
to even start the permitting. It's unbelievable. And to be 
clear, these are not just problems for fossil plants. It is as 
bad or even worse for wind. I can't believe this chart. This is 
where wind demand, this is what's happening in wind, how far it 
has gone down. They can't connect. There is nowhere to connect.
    [The chart referred to follows:]
    [GRAPHIC NOT AVAILABLE IN TIFF FORMAT]
    
    The Chairman. Solar is doing much better because solar can 
get into the grid system faster. It's in areas where the grid's 
already there. Wind is coming in areas, whether it be offshore 
or whether it be somewhere out to where there is no grid system 
whatsoever, and they can't get there because they can't get 
permitting. And if the Majority Leader, Senator Schumer, 
believes that what was done cured all the problems, I got news, 
it didn't do it.
    American Clean Power just published their 2024 figures, as 
you can see. We are on pace to install less wind in 2024 than 
we did during the worst year of the Great Recession, as shown 
in the chart. Here was the recession coming out of it here. Now 
we are down to there. We have to make it easier to build 
generation pipelines and transmission lines to meet the moment, 
and that is why the permitting is needed so, so desperately.
    FERC finalized two rules last week, which in time may help 
build new transmission. But let me be clear, these rules are 
using the tools FERC currently has and are not a replacement 
for Congressional action. These rules help with one aspect of 
one part of a bigger set of the grid permitting problems. I 
know you all have looked into this, but as my friend Senator 
Hickenlooper said, ``They are a Band-Aid on Congress's 
inaction,'' which you are totally right, Senator.
    For example, the new rules took action on transmission 
lines within regions--transmission lines already within the 
regions, not for the interregional lines that truly have the 
most reliability and affordability benefits to offer. It didn't 
happen, did not affect them at all. And only if the rules prove 
durable in courts and under future administrations. They are 
all going to be challenged.
    I want to quote FERC Commissioner Clements two days after 
the rules came out--and she is retiring in June--and she said: 
``Considerable work remains to be done both at the Commission 
and in Congress if we are to realize the modern electricity 
grid on which the continued vitality of the United States' 
economy and security increasingly depends . . . for some of 
these next steps, particularly in regional planning and 
permitting reform, Congressional action could be critical in 
providing direction and momentum to the commission.''
    And just so we are clear that permitting and transmission 
legislation is not a partisan priority, let me also quote Mario 
Layola, a senior fellow at the Heritage Foundation, who served 
in the White House during the Trump administration. He said, 
after FERC issued its new rules, ``Transmission expansion has 
only become more difficult. These are problems only Congress 
can solve.'' I have to say I couldn't agree more. There are 
critical permitting problems for all types of energy 
infrastructure that only Congress can fix, and I remain 
committed to addressing that.
    Myself and Senator Barrasso's team have been working 
diligently for quite a while. We finally have language. We are 
going to start sharing this language with everyone, so that 
people can see where we are and hopefully maybe we can all get 
our act together here. In fact, each of the industry witnesses 
before us today submitted testimony that speaks in stark terms 
to the permitting challenges facing new sources of electric 
supply and demand. I look forward to hearing more from our 
witnesses on this topic shortly.
    With this, I am going to turn to Ranking Member Barrasso 
for his opening remarks.

           OPENING STATEMENT OF HON. JOHN BARRASSO, 
                   U.S. SENATOR FROM WYOMING

    Senator Barrasso. Well, thanks so much, Mr. Chairman. 
Thanks for holding today's important hearing. America's demand 
for electricity is expected to grow rapidly through 2030. In 
fact, we may be entering a period of sustained demand growth 
unlike anything we have seen since the two decades following 
World War II. As you said, Mr. Chairman, we cannot be open for 
business if we cannot keep the lights on.
    The biggest source of new electricity demand is expected to 
come from data centers. Data centers enable cloud computing, 
Bitcoin mining, and artificial intelligence. How we meet this 
growing demand for electricity will have serious economic and 
security consequences for our nation. The stakes couldn't be 
higher. In fact, many believe that the race for artificial 
intelligence with Communist China will be more consequential 
than the space race with the former Soviet Union. And the AI 
race has already begun.
    Data centers running artificial intelligence consume 
massive amounts of electricity. Some estimates suggest that 
electricity demand for these data centers will double between 
now and 2030. Whoever secures affordable and reliable electric 
power, China or America, will have a big head-start in the race 
for artificial intelligence. And right now, America is not 
positioned well.
    Our grid is already strained. For years, the North American 
Electric Reliability Corporation, NERC, has raised alarm about 
grid reliability. It has warned that the premature retirement 
of coal and natural gas-fired power plants has increased the 
risk for blackouts and brownouts in much of the country. Yet 
the retirements continue, and President Biden is making the 
situation worse.
    Last month, the Environmental Protection Agency issued new 
rules that will force the premature closure of even more coal 
and natural gas-fired power plants. These plants play a major 
role in ensuring electric reliability. They also help make 
electricity more affordable. President Biden doesn't seem to 
care at all. He wants the cost of complying with EPA rules to 
be high. He wants to force operators to shut down these plants 
before the end of their useful life. It is a disgrace.
    We cannot regulate our way to more electric generation. 
When it comes to data centers, the quality of the generation 
source is as important as the quantity of electricity 
generated. Now, I acknowledge wind and solar can help, yet they 
are weather-dependent. Batteries, too, can help. Yet batteries 
are expensive and can't provide power for extended periods. 
They also require vast amounts of minerals from China, from the 
Congo, from Indonesia, and other countries with horrible human 
rights and environmental records.
    We need a reliable, steady, and balanced supply of 
electricity. Nuclear, coal, natural gas, and hydropower can 
provide that. With demand poised to surge, it only makes sense 
to keep our existing power plants operating while also building 
new generating capacity. Our goal should be addition, not 
subtraction. Mr. Chairman, the 20th century was the American 
century. Which country will lead the 21st century is still up 
for grabs. Much depends on how America capitalizes on the 
potential of artificial intelligence. The president's 
opposition to coal, to natural gas, and even to hydropower, the 
fuels that generate 65 percent of our electricity, is a white 
flag. It is a surrender, an act of surrender to China.
    Mr. Chairman, this chart shows that China has added 262 
gigawatts of coal-fired electric generation since the Paris 
Climate Agreement in 2015.
    [The chart referred to follows:]
    [GRAPHIC NOT AVAILABLE IN TIFF FORMAT]
    
    Senator Barrasso. The red lines show how much China has 
added from coal-fired power plants to electric generation. 
Meanwhile, the United States has shut down over 100 gigawatts 
of coal-fired electric generation. What does this mean? It 
means that when China's AI developers need electric power, the 
Chinese Communist Party is going to make absolutely sure that 
they will get it, and they will get it from coal. When 
America's AI developers need power, will it be enough, will it 
be reliable, will it be affordable? Right now, under Joe Biden 
and the Democrats, the answer is no.
    The race for artificial intelligence is one America cannot 
afford to lose, and we cannot win this or any other race with 
China if we are unwilling to use the very energy sources that 
China is going to exploit to the fullest.
    Thank you, Mr. Chairman.
    The Chairman. Thank you, Senator. I would like to turn to 
our panel of witnesses. I am going to introduce you all and 
then I am going to go to Senator Risch, if I may.
    Mr. Ben Fowke, he is interim CEO and President of the 
American Electric Power Company, one of our home-state 
utilities in West Virginia. Ben, it's good having you here. We 
have Karen Onaran, President and CEO of the Electricity 
Consumers Resource Council. We have Mr. Scott Gatzemeier, 
Corporate Vice President of Front-End U.S. Expansion at Micron 
Technologies, and we have Mr. Mark Mills, back again, Executive 
Director of the National Center for Energy Analytics.
    At this time, I am going to turn to my friend, Senator 
Risch.

           OPENING STATEMENT OF HON. JAMES E. RISCH, 
                    U.S. SENATOR FROM IDAHO

    Senator Risch. Well, thank you, Chairman Manchin. I 
appreciate that, and to Ranking Member Barrasso, thanks to both 
of you for holding what is really an important hearing today, 
which covers a lot of ground and underscores some real 
shortcomings that we have but that we can address.
    It is my privilege today to introduce to you a 
distinguished Idahoan, Scott Gatzemeier, who is Vice President 
of U.S. Expansion for Micron Technology. Micron Technology was 
founded in Boise, Idaho, and had a very humble beginning, to 
say the least. And it has grown today to be one of the top four 
semiconductor companies in the world. Idaho ingenuity drove 
this growth and continues to drive the company's innovation in 
advanced memory and storage technologies. Micron's advancements 
have given the United States a competitive edge in data 
storage, security, and supercomputing.
    However, all is not well in the semiconductor industry. For 
those of us that serve on the Foreign Relations and 
Intelligence Committees and who work in the national security 
lane, over recent years, we have heard over and over and over 
again the shortcomings of the semiconductor industry. And it 
was driven by the semiconductor industry following the siren of 
cheap wages and moving production offshore. This has caused us 
some real difficulties, and it is very much a national security 
problem.
    With semiconductors, I think everybody is aware, and no one 
more than the defense industry and the defense contractors, of 
how important microchips and semiconductors are in the 
construction of certain products. They are in everything now. 
They are in refrigerators, TVs, and in automobiles. But very 
importantly, they are in just about everything that we 
manufacture that has to do with defense. Thus, those of us who 
saw this came up with the CHIPS Act, a $52 billion addition to 
our budget to stimulate bringing this industry back to the 
United States. This was not driven by a desire to subsidize the 
semiconductor industry. It was designed to meet what was a 
great challenge in semiconductor production, and to bring it 
back here to the United States and close this gap in national 
security.
    It appears to me it's working. We thought it would. No one 
ever knows until you actually try it, but right now, this is 
happening, and Micron is leading the charge in onshoring chip 
production again. The company recently broke ground on a new 
fab in Boise, Idaho, and has plans to build four additional 
fabs nationwide. Mr. Gatzemeier, who brings more than 25 years 
of experience across fab engineering, operations, and 
technology development, is Micron's leading expert on domestic 
expansion. His experience and expertise position him to offer a 
unique perspective on how Congress and industry must rise to 
the challenge of returning the American-born semiconductor 
industry to the United States.
    A key component of meeting that challenge is sufficient and 
dependable energy. And it is no accident that companies like 
Micron continue to invest in Idaho. Our state's all-of-the-
above energy policies and support for clean, reliable, 
affordable, always-on hydropower make it a prime location. This 
issue of national security and semiconductors fits very well 
with the subject of what we are talking about today because it 
does demand a tremendous amount of energy. And Mr. Chairman, I 
think you did a really good job of underscoring what the 
experts are telling us we are going to need for energy in the 
future.
    So Scott, thank you for being here today, and we look 
forward to hearing your testimony on this important issue.
    The Chairman. Senator Risch, thank you. I know you have a 
very, very important Foreign Relations Committee meeting that 
you have to be involved with coming up right now, so I am sure 
Scott will get you up to date as quickly as possible after you 
have to go.
    Senator Risch. Thank you.
    The Chairman. With that, let's start with our testimonies, 
and Mr. Fowke, you are first.

     STATEMENT OF BENJAMIN G.S. FOWKE III, INTERIM CEO AND 
           PRESIDENT, AMERICAN ELECTRIC POWER COMPANY

    Mr. Fowke. Chairman Manchin, Ranking Member Barrasso, and 
Committee members, thank you for the invitation to testify at 
today's hearing.
    My name is Ben Fowke, and I serve as Interim CEO and 
President of American Electric Power Company. AEP is one of the 
largest electric utilities in the United States, serving 
customers across an 11-state footprint. We have a diverse 
electric generation fleet, and we own and operate the largest 
transmission system in the United States. This is a significant 
moment for our country, our industry, and our company. We at 
AEP are excited about the opportunities and challenges ahead of 
us as we meet the growing demand for electricity in our 
regions.
    Demand for electricity was almost flat for two decades. We 
are now beginning to see this trend reverse, driven by large 
customers such as industrial manufacturers, data processors, 
and others who require significant amounts of power. The 
efforts of Congress to support the development of these 
businesses have been remarkably successful and companies are 
now building and growing here in America because in part we 
have abundant and diverse energy resources and reliable and 
affordable power. However, in some areas of the country, the 
demand for electricity is growing faster than the available 
capacity. Just a few years ago, a large-scale industrial 
manufacturing facility might require 100 megawatts, or about 
enough to power 100,000 homes. A facility that size would 
typically be one-of-a-kind in a region and would be a major 
source of economic activity for that area. Now it is common for 
a single data center to require up to 15 times this amount of 
power for a single site.
    As technology evolves, power demand from data processing is 
expected to double nationwide in three years. One small example 
of this demand surge, Open AI's Chat GPT, requires 2.9 watt-
hours for a request. Now that is nearly ten times more power 
than a typical Google search. AEP currently has requests from 
large customers that would more than double the existing peak 
demand we serve on our system today.
    It took over 100 years of planning and building to create 
our current system, and a step-change in infrastructure 
investment on an accelerated timeframe will be required to 
serve even a fraction of this future demand in a reliable 
manner. As demand is rapidly increasing, our nation's 
electricity system is transforming to accommodate new forms of 
energy. The pace of this transformation must not overtake the 
reliability needs of our system. Independent assessments by 
NERC find that the risk of electric power supply disruptions 
are steadily increasing. Our society depends on a reliable 
power system. As we embark on this era of economic growth and 
technological transformation, customers need an energy system 
that is available to deliver reliable, affordable, and 
environmentally sensitive power where and when they need it.
    Continued development of the electric system must be a 
central priority of U.S. energy and economic policy, and we 
need to think bigger and more comprehensively to address the 
many opportunities and challenges in front of us. For your 
part, we ask that Congress work with regulators to ensure 
electric system resource adequacy and prevent premature 
retirements of dispatchable power plants. This includes 
considering the impact of recent EPA regulations, which could 
hasten the pace of plant retirements and diminish reliability; 
collaborating with FERC and other federal and state 
constituents to evaluate the establishment of a central 
planning authority focused on reliability; and directing FERC 
to ensure that viable reliability safety-valve mechanisms are 
in place to prevent premature plant retirements.
    Congress should also expedite the development of new 24/7 
dispatchable and clean energy resources to meet the growing 
consumer demand. This could be done through encouraging FERC to 
allow for fast-tracking of generation resources in the 
interconnection queues that have been selected by utilities to 
meet their obligation to serve customers; encouraging the 
development of advanced technologies such as next generation 
nuclear; passing a siting and permitting package that 
accelerates the development of critical infrastructure; and 
maintaining the Inflation Reduction Act and the technology-
neutral and nuclear tax credits, which serve to reduce costs 
for customers.
    Finally, Congress should encourage FERC's recent efforts to 
support the efficient development of necessary regional and 
interregional electric transmission facilities to ensure 
reliability and accommodate economic growth and development. 
The electric power industry will play a crucial role in helping 
the U.S. remain a global leader in advanced manufacturing and 
technology innovation. With the help of Congress and our 
federal and state regulators and agencies, we can serve this 
emerging demand and secure America's role as a leader for 
generations to come. To do so, we will need to work together to 
quickly build new sources of electric generation and high-
voltage power lines to deliver electricity where it is needed.
    Thank you.
    [The prepared statement of Mr. Fowke follows:]
    [GRAPHIC NOT AVAILABLE IN TIFF FORMAT]
    
    The Chairman. Thank you.
    Ms. Onaran, we have you next, if you will.

   STATEMENT OF KAREN ONARAN, PRESIDENT AND CEO, ELECTRICITY 
                   CONSUMERS RESOURCE COUNCIL

    Ms. Onaran. Chairman Manchin, Ranking Member Barrasso, and 
distinguished members of the Committee, thank you for the 
invitation to appear before you today.
    My name is Karen Onaran. I am the president and CEO of the 
Electricity Consumers Resource Council, or ELCON. ELCON is the 
trade association for large industrial consumers of 
electricity. Our mission is to ensure that we have reliable and 
affordable power, and so we support the development and 
adoption of rational and coordinated policy to ensure electric 
reliability at low cost. The purpose of my testimony today is 
to represent the industrial sector as one of the drivers of the 
electricity demand that we are speaking of today.
    So after decades of decline in manufacturing, domestic 
manufacturing is seeing a resurgence in the U.S. According to a 
recent report from the Deloitte Research Center for Energy & 
Industrials, the number of manufacturing facilities in the U.S. 
grew by over 11 percent between the first quarter of 2019 and 
the second quarter of 2023. Construction spending on 
manufacturing has nearly tripled since June 2020 and was up 37 
percent year over year in January 2024, when construction 
spending reached a high of $225 billion. As a result, the 
industrial sector is projected to add 36 gigawatts of 
additional power by 2030. Bringing manufacturing back to U.S. 
shores has many implications and benefits, as we have talked 
about. This is bringing investment into communities that have 
been neglected in the past, bringing thousands of jobs, whether 
that be through construction, the permanent jobs to run the 
operations and manufacturing, and the secondary jobs to support 
those workers, including retail and food and housing.
    According to the National Association of Manufacturers, the 
industrial sector contributed at a yearly rate of $2.9 trillion 
to the U.S. economy in the third quarter of 2023, and it 
projects that we will need approximately 3.8 million 
manufacturing workers in the next decade. We have already heard 
about the national security implications. We can no longer rely 
on hostile foreign nations to supply our critical 
infrastructure, our critical minerals, and our computing power. 
And we saw the devastating impacts during COVID of supply chain 
interruptions. It behooves us to create more and manufacture 
more here on our shores.
    So at this point, we must right-size our grid, and we must 
meet this demand by reducing some of the regulatory barriers 
that we are seeing. We all know the risks. We have heard them 
today, from varying energy supply to extreme weather like we 
saw in Houston last week. So we cannot take any options off the 
table right now. We need all-of-the-above resources, and we 
need the infrastructure to support those resources. We need an 
agile and flexible grid that can manage variable supply as well 
as variable demands. Demand is going to change their profiles.
    So we really, really implore this Committee and the 
Congress to pass significant permitting reform for transmission 
infrastructure and other energy infrastructure. We have seen 
that the Federal Energy Regulatory Commission has taken some 
measures to address interconnection backlogs and transmission, 
but we still have a lot more work to do. I really ask everyone 
to come to the table and work on solutions. Take nothing off 
the table now.
    And finally, even though we all appreciate and wish to be 
good stewards of the environment, the EPA rules that recently 
came out further complicate a tenuous situation on our grid. 
And so we cannot be further impeding our reliable and safe and 
affordable electricity. Electricity underpins our national 
economy, our national security, and the prosperity and 
ingenuity here in the United States.
    Senators, again, I thank you so much for your invitation. I 
will conclude my remarks and look forward to your questions.
    [The prepared statement of Ms. Onaran follows:]
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    The Chairman. Thank you.
    Now we have Mr. Gatzemeier.

STATEMENT OF SCOTT GATZEMEIER, CORPORATE VICE PRESIDENT, FRONT-
             END U.S. EXPANSION, MICRON TECHNOLOGY

    Mr. Gatzemeier. Chairman Manchin, Ranking Member Barrasso, 
Senator Risch, and members of the Committee, thank you for the 
opportunity to testify today and represent Micron regarding the 
importance of affordable, reliable, and sustainable energy.
    I serve as the corporate Vice President for Micron's 
expansion in the United States. Micron was founded more than 45 
years ago in Boise, Idaho, in the basement of a dentist's 
office. Today, Micron is a world leader in design, development, 
and manufacturing of memory and storage technology. We have an 
expansive IP portfolio of more than 55,000 patents. We operate 
in 17 countries, and we have over 40,000 team members 
worldwide.
    Micron plans to invest $125 billion with the support of the 
bipartisan CHIPS and Science Act to build fabs in Onondaga 
County, New York and Boise, Idaho that will transform these 
regions and create over 75,000 jobs. We are also seeking CHIPS 
funding for our existing fab in Manassas, Virginia, and would 
be excited to host you or your staff on a tour.
    Washington has been focused on the vital role that 
semiconductors play in American economic and national security. 
Micron is the only manufacturer of memory. Our memory and 
storage products are essential to all computing and storage 
capabilities in phones, data centers, computers, and numerous 
other devices. Without memory, none of those devices would be 
able to operate and provide the remarkable capabilities that 
shape our modern world. Micron has an expansive memory product 
portfolio, from the DRAM chips that will be made in Idaho and 
New York to the NAND and NOR in Virginia, to Micron's latest 
product, high bandwidth memory, HBM3E.
    Our high bandwidth memory powers today's generative AI 
models by enabling them to break through data bottlenecks. 
Micron's HBM is the fastest, highest capacity, and 30 percent 
more energy efficient than other products available across the 
industry. As Micron manufactures, we have made significant 
efforts to reduce our consumption of energy, which is detailed 
in my written report.
    However, as the expansions of U.S. semiconductor 
manufacturing, new data centers, and other manufacturing in the 
U.S. have been highlighted, electric demand will grow faster 
over the coming years than it has in decades. For all those 
planned investments in U.S. manufacturing and data centers to 
actually work, the U.S. needs to modernize its grid and expand 
electricity generation capacity. When it comes to energy 
permitting, I am an Idahoan, and I will speak to the challenges 
that we face.
    The western U.S. produces an abundance of sustainable 
energy, including hydropower in the northwest, wind in Wyoming, 
and solar in the desert southwest, but capacity is constrained 
on the transmission lines that move energy from the places 
where it's generated to the homes, farms, and businesses that 
need it. There is no transition to sustainable energy without 
transmission. To power our fab in Boise, we plan to import 400 
megawatts of affordable, reliable power from the Pacific 
Northwest in the summer, when a surplus of energy is available 
there. In the winter, when the Pacific Northwest energy demand 
peaks, utilities there will import energy across the planned 
Boardman to Hemingway (B2H) transmission line from Oregon to 
Boise.
    B2H began in late 2006. Idaho Power has a Record of 
Decision but does not have a Notice to Proceed from the Federal 
Government. The cost to build B2H is between $1.5 and $1.7 
billion. On top of that, permitting costs have already exceeded 
$220 million. Construction is finally slated to begin later 
this year, with completion in 2027, over 20 years after this 
project began. A federal permitting process that adds two 
decades to the project timeline and adds hundreds of millions 
of dollars in the cost is not a permitting process that will 
enable a U.S. manufacturing renaissance or AI leadership.
    Above all, Micron supports efforts which will ensure 
affordable and reliable electricity, which could include a 
balanced approach to permitting reform that utilizes all 
avenues to support the growth of domestic manufacturing, 
improves reliability of the grid, maintains low energy costs, 
and addresses the need for sustainable energy sources.
    I will leave you with this: Micron's main product is memory 
chips. It is an intensely competitive and dynamic business. 
Micron succeeds because we provide an edge, often in power 
requirements or better performance metrics, but we have been 
growing and planning to grow and invest to meet our customers 
in the digital economy. It is imperative that Congress also 
plan for the energy demands of the data-driven economy of today 
and tomorrow so the United States can remain competitive and a 
destination for manufacturers like Micron.
    Thank you, and I look forward to your questions.
    [The prepared statement of Mr. Gatzemeier follows:]
   [GRAPHIC NOT AVAILABLE IN TIFF FORMAT]
    
    The Chairman. Thank you. And now we will hear from Mr. 
Mills.

STATEMENT OF MARK P. MILLS, EXECUTIVE DIRECTOR, NATIONAL CENTER 
                      FOR ENERGY ANALYTICS

    Mr. Mills. Good morning. Thank you, Chairman Manchin and 
Ranking Member Barrasso for the opportunity to testify. And 
Senators, if I may, as a personal observation, as a longtime 
observer of this great Committee and occasional witness, just 
note that it's music to my ears, I will have to say, to hear 
such significant bipartisan convergence on such a critical 
issue.
    It is of personal interest, because I began my career as a 
young physicist in semiconductor fabs in New Jersey and Ohio. 
And we are, as you said, Senator, at a rare pivot in history. 
We are witnessing the emergence of a significant and ostensibly 
unanticipated new vector for electricity demand. And as you 
know, I am referring specifically to the emergence of useful 
artificial intelligence (AI), especially when it's combined 
with the next phase of expansion for the cloud computing 
infrastructure that was pioneered in the United States and has 
expanded to the world.
    While there is debate, of course, and outright guesswork 
about where the future specific uses for AI will come from--
both civilian and military--no one doubts that the AI boom is 
here. Utility planners and energy pundits have rediscovered a 
basic truth--the arrival of new ways to boost the economy 
illustrates a longstanding correlation, a kind of iron law that 
links growth with rising energy use and especially electricity 
use. We have a good idea why we are now seeing such surprising 
leaps in the near-term forecast for electricity demand.
    Put in monetary terms, not the physics terms that I grew up 
with, but in monetary terms, every billion dollars spent on 
data centers leads to over $60 million a year in electricity 
purchases. And last year, before the AI acceleration kicked 
into high gear, capital spending on U.S. data centers was 
running at over $100 billion a year. Now, the addition of AI-
enabled hardware is accelerating both the rate at which data 
centers are being ordered, and the energy use per data center. 
So a billion dollars spent on a new AI-infused data center will 
likely drive something like $200 million a year in energy 
purchases.
    Now, for context, a billion dollars spent on new EVs, for 
example, or a billion dollars' worth of new chip factories, 
generates only about $20 million a year in annual electricity 
demand. That AI has a voracious energy appetite is not news in 
the technical community. There have been myriad studies 
pointing out that the so-called ``training'' phase that is the 
equivalent of building, not flying, an aircraft, can use as 
much electricity as driving a Tesla anywhere from 300,000 to 
four million miles. And then the use phase--flying the AI, so 
to speak--can consume ten times more electricity. And there 
are, for all practical purposes, nearly unlimited numbers of 
potential applications for both training and using AI.
    Of course, AI will become more energy efficient. The latest 
AI chips are already a hundredfold more energy efficient over 
the last half-dozen years, and they will get another 
hundredfold more efficient before the year 2030. But efficiency 
won't solve the so-called problem of rising electricity 
demands. It will do the opposite, just as it did in the rise of 
the first cloud era. Improving energy efficiency lowers costs, 
which is what makes the proliferation of the benefits of the 
product or service possible, especially in digital domains.
    Operating at the computing efficiency of a 1980 computer, a 
single smartphone today, just one of them would use as much 
electricity as a skyscraper. A single data center would use the 
entire grid. It is because of electricity gains that the world 
has billions of smart phones and thousands of data centers. 
Consequently, today's global cloud infrastructure already 
rivals the energy use by global aviation, and that is before 
AI. We can count on the pattern repeating with AI.
    Electricity demand coming from the expansion of the cloud 
will continue to overshadow the combined impact of new EVs and 
new chip factories. But whether the AI expansion is in fact 
fully realized, and the expansion of chip factories and EVs as 
well in America, that will be determined, as other witnesses 
have said, on whether we have adequate electricity, whether 
it's affordable, and whether it's available when it's needed. 
And given the scales of electricity demand from the cloud, and 
AI particularly, when added to the demands from reshoring 
manufacturing and promoting EVs, the nation's electricity 
producers now need full access to all options. Electric power 
planning now needs to focus on additions to--not transitions 
away from--existing electricity production.
    The U.S. is the world's cloud leader today. We pioneered 
it. We pioneered AI, much as the U.S. was a dominant aluminum 
producer just 25 years ago. Producing, again in monetary terms, 
a billion dollars of aluminum requires purchasing some $400 
million of electricity, which today happens mainly on low-cost 
coal-fired grids in China, which has become the world's 
dominant supplier of aluminum, while the U.S. now has a single-
digit percentage share of global aluminum supply. Aluminum and 
silicon are different materials and different industries, but 
the energy implications of the two domains, I suggest, has a 
relevant lesson for us.
    Thank you.
    [The prepared statement of Mr. Mills follows:]
    [GRAPHIC NOT AVAILABLE IN TIFF FORMAT]
    
    The Chairman. Thank you. And now we are going to start with 
our questions, and I will begin. I have so many questions, I 
don't know where to start to be honest with you.
    But first of all, I would ask you all, you heard about the 
rules that FERC came out with, and some people are thinking it 
took care of everything. Do any of you believe that what FERC 
did cleared or took care of our permitting problems that we 
have getting things built, especially transmission or getting 
pipelines built or any of the things we need? Anybody believe 
that it cured it? Nobody? Okay. And you know, we all understand 
it stays within the region, so all it did is allowed, if you 
have a regional transmission line, it applies there, but it 
does not take care of interregional, right? Okay, so we are on 
the same page there.
    We all agree with the charts that we had here? Let me just 
show you on this chart here.
    [The chart referred to appears on page 5 of this hearing 
document.]
    This chart shows that if you live in these areas or you 
represent any of these areas, coming this summer is where they 
are predicting you are going to have rolling brownouts or 
blackouts because demand will be so great. It doesn't account 
for the winter now. It will change around in winter when the 
load is different in the winter. We understand that. I would 
ask you, Mr. Gatzemeier--coming from the technology end of it 
where you are all looking to put your new databases and things 
of that sort--do you look at this, and finding out where you 
might have more reliable power, where you might go and 
recommend putting a plant or a center in an area where they are 
going to be reliable and not basically intermittent?
    Mr. Gatzemeier. Yes. Power reliability is incredibly 
important to our industry. A minor----
    The Chairman. Did that factor into basically making 
decisions on where you are located?
    Mr. Gatzemeier. Yes, yes it did. In fact, when you look at 
New York, one of the reasons why I made the decision to go 
there is there is a nuclear power plant 40 miles directly north 
of our facility with a direct-line connection to a 345-kV 
substation across the street from that site. And in looking at 
it, it was one of the most reliable substations on the grid 
when we were looking at where to select our site.
    So reliability of the system is incredibly important to 
semiconductor fabs, because a small millisecond blip in our 
power would take down our factory for up to a week by 
interrupting processing. So reliability is incredibly important 
to semiconductor fab manufacturing.
    The Chairman. I am going to put a chart that I used before 
on wind, and truly all of our environmental friends and 
everything are big on the wind thinking it's going to come.
    [The chart referred to appears on page 7 of this hearing 
document.]
    I know our Majority Leader is big on wind. Wind has hit a 
slump and it's going down because it takes so long to build 
transmission lines. Solar--it's easy to bring solar on. Solar 
is record high. Wind has dipped clear down to here. Do you all 
agree or disagree with this analogy of what happened to wind, 
because we can't get transmission built?
    What I am trying to make a point on is that we all have to 
have permitting reform, and we have worked on this Committee in 
a bipartisan effort. Mr. Mills, you pointed out, we all 
understand, we just can't get the Administration to understand 
how desperate that we are in need of this. Have you all had any 
contact with the White House, John Podesta's office, the 
climate department there about the need to get permitting done, 
to get the lines to be able to deliver the--have you had any 
input at all? Have they reached out to you at all?
    No? None? None of you? Have you tried to reach out to them 
and tell them how desperate we are of trying to get 
transmission and get things built? I would encourage you to do 
so if you haven't. Please do so and reach out to them.
    The other thing is on China. Do you believe that China has 
a competitive edge with the amount of power they have 
dispatchable to them? Mr. Mills, do you want to comment on 
that?
    Mr. Mills. Well, Senator, they have a profound competitive 
edge in low-cost, high-reliability, electric power, as you well 
know, and a profound competitive edge on exporting the critical 
minerals materials that we use to build our unreliable power.
    The Chairman. If we don't have the capacity, Mr. Gatzemeier 
back to the production end of it, with AI coming on so strong, 
if we are not able to keep pace and be the leader of the world, 
are we in jeopardy because of the lack of power that we have in 
our manufacturing?
    Mr. Gatzemeier. Yes, I think you said it, you can't run a 
business if you can't keep the lights on. We need additional 
generation, and so we encourage investigation in all sources of 
new generation, like new hydro, new nuclear, small modular 
reactors, geothermal, battery technology for wind and solar to 
make them more reliable, because our fabs run 24/7. So we 
encourage looking at all sources of generation and requiring 
new generation to be created before you retire existing 
generation.
    The Chairman. Mr. Fowke, if I could ask you, since I am a 
customer of yours.
    [Laughter.]
    Mr. Fowke. Thank you.
    The Chairman. Anyway, are you concerned about the amount of 
EPA regulations coming out in power plants that you are going 
to have to be closing more reliable power than what you intend 
to do?
    Mr. Fowke. Yes, very much so. The EPA is a big fan of CCS, 
and they think that is the best available technology. As you 
know, we had a pilot program to explore the carbon capture, and 
we have some experience with it and it has its challenges in 
front of us. And it's not a proven technology today, and nor is 
the infrastructure to move the carbon to sequester it 
available. So while it might be a viable technology, a proven 
technology in the future, it's not today, and it's unrealistic 
to expect that it will be available by 2032.
    The Chairman. Do you have any coal-fired plants that are 
being retired earlier than their time?
    Mr. Fowke. We will have to have that conversation with our 
commissions. They were not scheduled to be retired in 2032. And 
these rules--if you don't comply with these rules, you need to 
shut the plants down and that would be a premature shutdown.
    The Chairman. And also, for the record, on the premature 
shutdown, who continues to pay? Because your rate was based on 
the life of the plant, correct?
    Mr. Fowke. Correct.
    The Chairman. So it's based into the rate that West 
Virginians and anybody in your system are going to be paying 
for shutting down earlier and bringing on other power too. So 
it's a double-whammy for the most hard-pressed and challenged 
people, basically. It doesn't make any sense at all. No sense 
whatsoever, sir. I hope you speak up loud and clear and you put 
statements out--what is going to happen, and who's going to pay 
the freight.
    Mr. Fowke. We plan to do just that, Senator.
    The Chairman. Thank you, sir.
    Senator Barrasso.
    Senator Barrasso. Well, thank you. Just to follow up, Mr. 
Fowke--so, in 2021, you testified before a different committee 
in the Senate that ``renewable energy can only take us so 
far.'' You went on to say, ``at higher levels of intermittent 
renewables, the cost of the energy system begins to skyrocket, 
and the reliability degrades.'' Still true today?
    Mr. Fowke. Yes, I made that testimony when I was CEO of 
Xcel Energy, but that statement still holds true because it 
reflects the physics of the grid. I am a big proponent of 
renewable energy. I think it's part of the solution and it's 
part of how we address climate change and the risk of it. But 
the reality is, the more renewable generation you put on the 
grid, at some point that grid reaches saturation point, and 
then the value of that renewable energy diminishes and the 
integration cost increases. And it's the reality that the big 
grid that we are all part of needs 24/7 spinning mass 
dispatchable generation. And that's just a fact, and we have to 
accept that.
    Senator Barrasso. So it's dangerous to force all these 
natural gas and coal-fired plants offline at this point.
    Mr. Mills, let me go to you. What would be the consequences 
if federal and state regulators effectively prohibited the use 
of natural gas and coal to meet the growing demand for 
electricity?
    Mr. Mills. Well, in simplest terms, the stifling of 
economic growth and opportunity and the profound disadvantage 
geopolitically. You can only consume the energy you produce. 
And since all of the witnesses and all of the members of the 
Committee understand now that we have soaring demand and 
economically driven need for electricity, we would not get that 
growth without the power.
    Senator Barrasso. So, some argue that electric batteries 
will also play a big role in meeting the growing demand for 
electricity. They argue that rapid deployment developments in 
battery technology are going to enable us to store energy for 
longer periods of time at lower costs. What is your assessment 
of the state of battery technology, and what are the 
implications for the affordability of electric service if we 
rely significantly on these batteries?
    Mr. Mills. Well, I'll make a point--a technical point, a 
physics point: batteries don't produce energy, they store it. 
They are extraordinarily expensive ways to store energy. On an 
engineering/physics basis, roughly 100 times more expensive 
than the traditional ways to store energy--tanks, caverns, 
piles of coal. They will play, and are playing a very 
significant role in short-term stabilization. For long-term 
energy storage, the United States would have to deploy tens of 
trillions of dollars of batteries at scales that the world 
cannot now manufacture, nor produce the minerals for.
    Senator Barrasso. So let me follow up. So Jigar Shah, who 
is the head of the Department of Energy's Loan Programs Office, 
recently argued that the projected growth and demand for 
electricity that we have all talked about and has been reported 
broadly in the press, he said that is significantly overstated. 
He claims many large energy users can control when they need 
electricity. He said they might agree to stop using power 
during times of peak demand. He also said that individuals will 
stop using electricity during times of high demand in response 
to high prices.
    Mr. Mills. Right.
    Senator Barrasso. In your view, will this be enough to 
address the growing demand for electricity? And if not, why 
not?
    Mr. Mills. Well, first another physics point. Demand-side 
management does not produce energy. It is avoiding the use of 
energy. Economic growth requires more energy. Also, utilities 
have been very, very good at managing demand for about a 
century. It's not a new discovery in the utility industry. I 
would say the principal discovery is that our society is more 
electrified and that there are fewer and fewer sources of 
``low-hanging fruit'' where we would turn to.
    And I will pick on Micron because they are a spectacular 
company, where you would turn to them when they are running 
their factory, who will tell us, as the fabs I worked in, if 
you take power away for milliseconds, you cause astonishing 
economic destruction. I have had that happen to me when I ran a 
fab as a young man. So you don't get to ask them to please turn 
it off right now, the wind isn't blowing and our batteries have 
run out, because when you have a four-hour battery, at four 
hours and one second, you are black. You don't have a pile of 
coal nearby. You don't have more electricity if there is wind 
lull and it's cloud covered.
    It is not a solution, but it is a tool in managing cycles. 
Society is cyclical. Humans are cyclical. So peak demands can 
be shaved, but they don't produce energy.
    Senator Barrasso. Well, since you turned to Micron, let me 
turn to Micron. I understand that both the availability of 
electric service and the quality of the electric service that 
you get are incredibly important to Micron. What is the impact 
of the temporary voltage dips that we just talked about on 
facilities like yours?
    Mr. Gatzemeier. Yes, I also unfortunately have had the 
opportunity to recover a fab from a minor power blip--
milliseconds, you know, tens of millions of dollars of product 
loss in that fab recovery. This would be on the order of 
hundreds of millions of dollars product loss on these other, 
you know, larger facilities that we will be building. So 
absolutely a large economic impact.
    And while we are putting in all sorts of energy savings 
types, opportunities--variable speed drives, heat capture 
recovery--we are putting all that in to try to lower our 
demand, the ability to fluctuate, we are what we call a 
baseload. You know, we run 24/7, 365 on all the time at peak 
out, and you can't just shut it off.
    Senator Barrasso. Thank you, Mr. Chairman.
    The Chairman. Senator Cortez Masto.
    Senator Cortez Masto. Thank you. Thank you, Mr. Chairman 
and the Ranking Member. I am one of those that believes we 
still need permitting reform. And Ms. Onaran, let me start with 
you, and I want to express my appreciation for ELCON's 
endorsement and support of one of my bills. It is the 
Expediting Generator Interconnection Procedures Act--EGIPA--for 
short.
    I was pleased to see your testimony call on Congress to 
consider this legislation as soon as possible, really in order 
to ease what we are talking about--interconnection, backlogs, 
enhance grid reliability, and lower energy costs. As we have 
all been talking about and are aware, Lawrence Berkeley 
National Lab recently determined there were over 2,600 
gigawatts of generation in storage pending in U.S. 
interconnected queues at the end of 2023.
    Ms. Onaran, can you talk a little bit about why--expanding 
on some of the ways--that this legislation works to alleviate 
the bottlenecks, and it will have a positive impact on energy 
development and grid resiliency?
    Ms. Onaran. Yes. Thank you for the question, Senator.
    And yes, ELCON was a supporter of that proposed bill. We 
are at a point where we need, again, as my testimony stated, 
all of the above resources. We have a lot of resources that are 
hung up in the interconnection queue that are ready to put 
steel in the ground and start producing power. And 
unfortunately, due to regulatory constructs in the markets, 
these are being held up through red tape and, you know, 
restudies, and so we really need to find a way to standardize 
and perhaps automate some of these study processes so that we 
can do it more quickly, and get these resources on the grid.
    FERC has done some work with their Order No. 2023, but we 
still need to go further, and it's just the first step. Thank 
you.
    Senator Cortez Masto. Thank you. And while I have you, 
because you mentioned this, and this is always a concern of 
mine because I think as we build out our portfolio around 
energy, including clean energy, we need to ensure we have a 
workforce.
    Ms. Onaran. Yes.
    Senator Cortez Masto. And you talked a little bit about it. 
So when considering the severity of literally growing and 
moving forward in clean energy and all of these projects, what 
do we need to be thinking about for that workforce?
    Is it there, or should we be putting more investments, and 
what type of investments in the workforce?
    Ms. Onaran. Yes, absolutely. You know, coming from the 
utility side, before I joined the consumer side, that was 
something we heard from the utilities quite a bit, that the 
workers, to come, even managing our electric system, the same 
for manufacturing, you know, trade schools, things like that 
have, you know, declined. There was a more prominent focus on 
say, you know, liberal arts education. We moved away from sort 
of the trade education that we need. We need to encourage more 
workers to look at some of these new and emerging jobs. We need 
to make sure that they are well paid, we need to make sure that 
they can exist in this society and can prosper. And so we 
really need to be investing in our future workforce, and we 
need to start doing that now.
    Senator Cortez Masto. Thank you. Mr. Fowke, are you 
familiar with advanced reconductoring?
    Mr. Fowke. Yes, very much so.
    Senator Cortez Masto. Can you talk a little bit about that? 
Because there is an opportunity, as we are talking about 
building out the grid and transmission, the technology is also 
going to help us with capacity. Isn't that correct? So can you 
talk a little bit about that?
    Mr. Fowke. Yes. It's a grid-enhancing technology. We 
actually have just used it a couple years ago down in South 
Texas where we used the advanced conductor technology to--I 
think a 330-mile transmission line of 345-kV. And to your 
point, it increased capability by about 40 percent. I would 
caution though that you do have to find specific applications 
in specific regions and a lot of other technical things before 
it can produce those sorts of results that I mentioned. But we 
have been a very big proponent of grid-enhancing technologies, 
making sure that they also have a cost benefit, you know, 
favorably score out on that. And when they do, we are all in.
    Senator Cortez Masto. Are other countries already using 
this type of technology, advanced reconductoring?
    Mr. Fowke. Are other utilities?
    Senator Cortez Masto. Countries.
    Mr. Fowke. Countries? I believe so, but I would have to 
check with my team to see how extensively they are.
    Senator Cortez Masto. I appreciate that. Thank you. Thank 
you, Mr. Chairman.
    The Chairman. Thank you.
    And now we have Senator Cassidy.
    Senator Cassidy. Mr. Fowke, the Chairman just reminded me--
do you also have that coal-fired plant in Shreveport, 
Louisiana, or did you all shut that down?
    Mr. Fowke. I believe that has been shut down.
    Senator Cassidy. So the Chair just reminded me that my 
ratepayers in Louisiana are still paying for that----
    The Chairman. Absolutely.
    Senator Cassidy [continuing]. Because it did not go to its 
life, so when we speak about higher energy costs, and they have 
risen significantly during this Administration, part of that is 
the kind of unrealized productivity of sunken assets. And let's 
be clear: that's regressive. That is regressive. Poor people 
pay a greater percentage of their income for this unrealized 
potential.
    But I will note, by the way, in Northwest Louisiana, and 
Louisiana, you guys and Cleco, I think, supply that area, and 
you all have great reliability. So I just also want to give you 
a congratulations and a shout-out. Our state consumes a lot of 
energy, and you guys are providing reliable energy. So I 
appreciate that.
    Let me ask you this: I recently toured Sempra--building a 
little bit off of Senator Cortez Masto--Sempra in Southern 
California, and 100 percent of their electricity right now is 
being supplied by renewables. You just got to hand it to them. 
It's remarkable. Now, I don't think of Southern California as 
being huge in manufacturing, but there is more than I thought 
there was. Now, they admitted in another time of the year it 
would have a mix. But just to say, this kind of load balancing, 
it is possible, correct? I mean, as much as I believe in fossil 
fuel and the necessity for baseload, in a place like Southern 
California with lots of renewables, et cetera, it is certainly 
possible, correct?
    Mr. Fowke. I will tell you, in all sincerity, they are 
connected to a big grid that somewhere has that dispatchable 
24/7, likely fossil fuel, that is supplying them. And you can 
stream renewables from different places, but at the end of the 
day, they are still connected to grids that have fossil 
capability on that.
    Senator Cassidy. So I was struck that Micron located 
downstream from a nuclear power plant. And that was one of the 
reasons you did that. Somehow, I think state subsidies had a 
role to do with it, but that's okay. You know, we will leave it 
at that. So for that ``always got to be on,'' even if you are 
like this great utility in Southern California, in which at 
that time they were using 100 percent renewables, you've still 
got to have that baseload.
    Mr. Fowke. Absolutely. And you know, that nuclear power 
plant, I assume, is not behind the meter of Micron. It's on the 
grid, so it's supplying its resources to the entire grid for 
the benefit of many customers, not just Micron.
    Senator Cassidy. Okay. Thank you.
    Mr. Mills, going to permitting reform. I have been 
interested in the judicial review aspect of permitting reform. 
Any comments on that?
    Mr. Mills. Well, I think, as you well know, Senator, one of 
the big challenges for large manufacturers of any kind is that 
the permits are effectively in an infinite period of potential 
review, judicial and other forms of review, which is why we see 
exactly the kind of challenges, especially to the transmission 
line--in Idaho--the same was true in Maine, where I spent my 
summers, a transmission line that just never got built.
    Senator Cassidy. So again, the Chairman knows how lawsuit 
after lawsuit can effectively tie up something and effectively 
kill the project. So I like to say that the folks on the other 
side of the dais want powerlines, and the folks on this side 
want pipelines. But we really want both because we know that 
both are essential. So is it fair to say that the permitting 
reform that would benefit both power and pipe are the same ones 
that would benefit pipe and power?
    Mr. Mills. Well, yes sir. That would be a terrific outcome, 
to accelerate the permitting of both, because the world cannot 
operate without both.
    Senator Cassidy. Got you. Sir, I know that Micron has had 
development in China. I just know that because the Chinese have 
been somewhat non-cooperative with your economic development 
there. Is the power source there coal? Or what is the typical 
source that you get there?
    Mr. Gatzemeier. I don't know what the power source is for 
our back-end facility, but at Micron, we are one of very few 
semiconductor manufacturing companies that do not have front-
end manufacturing in China.
    Senator Cassidy. That do not have what?
    Mr. Gatzemeier. Front-end. We don't have a fab in China.
    Senator Cassidy. Got it. I want to point out that I just 
learned this, that I think 60 percent of Chinese power is 
generated by coal. They typically don't turn on their scrubbers 
because that decreases the efficiency. Oftentimes, they are 
built on the Pacific Coast, which means the trade winds blow 
them over to the United States. So, to the degree that our 
energy policy increases the cost of energy and therefore 
encourages someone to move to China, we are actually worsening 
global greenhouse gas emissions because we are increasing 
consumption of Chinese coal-fired electricity as opposed to 
clean-burning U.S. electricity, be it renewables, nuclear, or 
natural gas.
    And natural gas has accounted for a decrease in absolute 
emissions in the United States, less than I think now, well, 
certainly 2005--you guys will tell me it's probably even 
earlier--despite a bigger population, a bigger economy, and 
more electricity usage. I say all that, and I yield back, Mr. 
Chair.
    The Chairman. Right on, brother.
    [Laughter.]
    The Chairman. We have Senator Cantwell now.
    Senator Cantwell. Thank you. Thank you, Mr. Chairman. Thank 
you for highlighting the success of the CHIPS and Science Act. 
This breakthrough legislation is on track to triple domestic 
chip manufacturing capacity by 2032. So we should be excited 
about that. And thanks to the Act, that is the largest 
percentage of semiconductor growth rate in the world, so I 
can't emphasize how important that is, and many people here 
played a big role in supporting that.
    But we have the same issues as the Chairman mentioned in 
the Northwest. The Northwest Power and Conservation Council 
calculates that the region will need 3,500 megawatts of 
renewable generation by 2027 and 14,000 additional megawatts by 
2040. I think it's a DOE estimate that puts the Pacific 
Northwest in a need of 56 percent more transmission capacity by 
2040.
    So we are very proud of our AI, cloud computing, all of 
that, but we have to figure out what we are going to do about 
the power need. You mentioned hydro, so I wanted to ask you 
about what you think the priorities there for hydro relicensing 
should be. Do you think we need a tax credit to help spur 
baseload, keep baseload power in place? And what other things 
do you think we need to do in the transmission capacity that 
would be interesting for your next phases of production?
    Mr. Gatzemeier. So first, I mean, we are fortunate to 
operate in Idaho, where we have a lot of access to hydro in the 
Pacific Northwest generation. And then we will be operating in 
New York, where again, there is additional hydro, you know, 
access. So it's absolutely a good source of, you know, 
sustainable energy that we should be continuing to invest in. 
But I would also say we need to be looking at all sources of 
sustainable energy--looking at nuclear, small modular reactors, 
investing in that, investing in improved battery storage 
technology for wind and solar, which we have discussed here as 
well. And then geothermal and other sources. Any additional 
generation that we can get is critical.
    And then for the grid in the Pacific Northwest, I mentioned 
the B2H transmission line, getting that put in place and 
interconnecting, you know, Washington, Oregon, and Idaho more, 
to where there could be seasonal demand fluctuation and 
differences in generation being able to share. That's how that 
transmission line is going to be critical for the Pacific 
Northwest in enabling interconnectivity.
    Senator Cantwell. Well, just to make clear, there are some 
savings, right? I mean saving, I think it's like one-third or 
one-fourth the cost to basically save an electron than it is to 
produce one.
    Mr. Gatzemeier. Yes.
    Senator Cantwell. There is some capacity to build into the 
grid on smarter technologies that would help us in moving power 
around where we need it.
    Mr. Gatzemeier. Yes. And when you look at the availability 
of power from lower-cost sources during different seasonality, 
and then also you look at the cost of an asset, if you will, of 
a generation source that sits idle because wind or solar are 
running at that time, if you could send that power somewhere 
else to where it could be utilized as a lower cost, that could 
help savings as well.
    Senator Cantwell. What about the tax credit idea? We 
already have it for wind and solar. Why not for hydro?
    Mr. Gatzemeier. You know, one thing I will say, in New 
York, they introduced zero-emission credit (ZEC) for their 
nuclear power plants that they had, to work on, effectively, 
maintenance activity that they had with their nuclear plants to 
keep them online and running. So to continue hydro plants 
funding, that could be a program that you could look at and 
follow potentially.
    Senator Cantwell. Okay. And what about other sources of 
energy for the future? You mentioned battery technology. You 
didn't mention fusion, but we have three fusion companies going 
to work in Everett, Washington. Do you think that there are 
some other things that Micron is looking at as we think about 
these data centers and AI integration into the grid?
    Mr. Gatzemeier. Yes, I mean, we produce semiconductors, not 
energy. We are a consumer of energy, but I will say that we are 
working to innovate in our factories to lower our consumption, 
and then also our products. You know, it takes power to make 
our chips, but then it's also about the power our chips use 
after they get out in the data centers. So every generation of 
our technology, we are working to reduce the power that they 
consume. Since 2011, we have done a 10X reduction in our power 
consumption of our chips. And as I mentioned, our high-
bandwidth memory is 30 percent more energy efficient than other 
competitors' products on the market. So we are working to 
effectively reduce our energy consumption in those ways.
    Senator Cantwell. And, I don't have enough time, but that 
is monumental success, right? And when you think about 
driverless cars or other applications, it's an immense amount 
of energy and memory that is required. So thank you.
    Thank you, Mr. Chairman.
    The Chairman. Thank you, Senator.
    And now we have Senator Murkowski.
    Senator Murkowski. Thank you, Mr. Chairman. I want to 
follow on the comments from Senator Cantwell about hydro. Now, 
just thinking about what we have in place with the hydro 
production in this country and how it has provided us that 
great baseload--wonderful. We can do more. We know we need to 
be doing more, but when we are looking at the number of hydro 
facilities that are now up for relicensing, and recognizing how 
much it costs to relicense and how long it takes to do it, you 
know, what's to say that we are not going to have some of these 
facilities that are just like, not worth the time nor the 
energy, and it goes back to the permitting, but it is something 
that I think, as we think about our energy demands, we have got 
to have some better projection here.
    I was in a Defense Approps hearing not too long ago, and we 
were talking about PACAF's number one priority at JBER in the 
Anchorage area there. It is a training facility, and they just 
very casually say that it's going to increase JBER's power 
requirements by roughly 50 percent. And you're thinking about 
what that means. This is in an area of the state where we are 
talking right now about importing LNG from Canada because our 
LNG reserves in Cook Inlet are going down.
    So we are thinking about what it's going to mean. Are we 
going to be seeing brownouts? What's happening? Where are we 
going to get this resource? We have got a Governor that is now 
saying we are going to go back to coal. I mean, there is more 
than a little bit of panic and anxiety. We had our legislature 
just shut down just last week. But so much of the focus has 
been on our energy and the increased consumption, the increased 
demand here.
    So a question for probably Mr. Fowke and Mr. Mills, this 
anticipated energy demand, we see the forecasts in filings by 
the RTOs over the last couple years. But EIA's latest 2023 
Annual Energy Outlook only forecasts demand would grow by about 
one percent on average from 2022 to 2050. I cannot even begin 
to think that that is reasonably or remotely sane. It's not the 
world that we are living in, and we are seeing this every 
single day.
    What is the discrepancy here in terms of the forecast, 
whether it's from EIA or the RTOs? Is the problem in how they 
are collecting the information? The forecasting issues--we have 
got to get a better handle on what's coming down the pike here.
    What do we need to do?
    Mr. Fowke. Well, I don't know where EIA is getting their 
information. That sounds like a forecast that maybe would have 
been accurate four years ago----
    Senator Murkowski. Maybe.
    Mr. Fowke [continuing]. But not with what we are seeing. 
Not with what we are seeing in today's world. I mean, in 
central Ohio, we are going to double our capacity in five 
years. And we have talked extensively about the amount of 
demand we are seeing. I think one thing that has to happen 
within the RTO structures is, it is incumbent upon us as a 
utility to get the updated forecast in a timely manner so they 
can have full information.
    Senator Murkowski. Do you think that they are collecting 
the right data in order to give you a forecast that is 
accurate?
    Mr. Fowke. Well, the RTOs typically collect their data from 
their members. So we need to tell them how much load we are 
seeing. And then of course, there is a risk adjustment process 
and how much of that is actually, you know, serious, how much--
maybe it's duplicate, et cetera. But we are working very 
closely with them to get those forecasts right. And they are 
recognizing it.
    And you are starting to see it, Senator, in what is 
happening with the pricing of capacity, for example, in the PJM 
market. A three-year capacity window does not encourage the 
capacity that needs to be built for a 30-year time frame. But 
we are starting to see change.
    Senator Murkowski. Mr. Mills, do you want to comment on 
this?
    Mr. Mills. I think the fundamental problem is the obvious 
one--it's hard to predict the future, but one thing we do know 
we can predict is that innovation occurs in episodes. There are 
interregnums.
    Senator Murkowski. Well, okay, but talk to me, because we 
just passed the CHIPS Act a couple of years ago. We know that 
is coming, right?
    Mr. Mills. Correct.
    Senator Murkowski. So how are we incorporating what we know 
legislatively, what we know from an appropriations perspective 
we should see coming our way?
    Mr. Mills. Well, Senator, I would say this is blowing my 
own horn, as they say, but when the CHIPS Act was passed, I did 
write and did testify for the Committee that the effect of that 
would be to radically increase electricity demand, because chip 
fabs--in fact, in Taiwan, 20 percent of the entire country's 
electricity is used to build semiconductor chips. And in 
Ireland, because it's a data center hub, 20 percent of the 
entire country's electricity is to run data centers. This was 
predictable. It was predicted in the technical literature.
    I am one of the players that tries to push it into the 
public policy domains. But we are told that we will see 
efficiency solve ``that problem.'' And what I have pointed out 
in my testimony and said for years is, efficiency does not 
solve the ``problem'' when you have net new demands from new 
innovation.
    Senator Murkowski. Right.
    Mr. Mills. The invention of the car led to the demand for 
gasoline, the invention of electric car, demand for batteries, 
the invention of chips, demand for electricity, and so on. So 
the hard part is that--and I have sympathy for the leaders of 
electric utilities and RTOs--they are stuck with trying to 
guess what innovators are doing in this market. They are stuck 
with guessing that a new Micron might show up one day.
    There aren't--I can promise you, as a student of this 
industry--there are hundreds of new Microns brewing in the 
country. Five or ten of them will succeed. In a very few years, 
they will demand astonishing amounts of energy and we will all 
act surprised. It's predictable that it will happen. What is 
hard to predict is exactly when, but it's not a century, it's a 
few years.
    And I will sort of close by saying that the demands, as we 
have discovered, occur faster than we can get permits to build 
power plants or relicense hydro dams. And this is the part that 
has to be resolved, the incommensurate velocity of what we want 
for growth--we won't get it--and what we don't want to permit. 
And it doesn't matter whether it's transmission lines for wind 
or the gas turbines and the pipelines for the gas turbines.
    Senator Murkowski. Thank you.
    Thank you, Mr. Chairman.
    The Chairman. Thank you, Senator.
    And now we have Senator Hickenlooper.
    Senator Hickenlooper. Thank you, Mr. Chair and Ranking 
Member Barrasso. I have and continue to support your bipartisan 
efforts to----
    The Chairman. Now we have got contents for you. We are 
going to have everything at your desk.
    Senator Hickenlooper. Okay, well, I'm ready. I am looking 
forward to it. I support that permitting reform and will assist 
any way I can. Obviously, we need to accelerate all the points 
that you all are making. And it's far beyond whether someone is 
on one side or the other of the climate change debate. The 
world is changing so rapidly, and a big part of the ability to 
respond to the greater need is going to be our ability to move 
electricity from one place to another.
    I will start with Ms. Onaran. How would you say, 
specifically, and just provide a couple of examples of how 
permitting delays impact your members and their ability to 
grow.
    Ms. Onaran. Right, thank you. Yes, so, you know, we are 
looking into communities, as is Micron. We are looking for the 
reliable, we are looking for states and regions that are open 
to infrastructure expansion, that are not shutting those 
conversations down. The permitting, of course--when we delay 
getting that infrastructure in the ground, we cannot expand our 
operations there because we will not be able to reliably 
support our operations. We need to have that infrastructure in 
place. The longer it takes to permit, we either move to a 
different state or we do not expand. And so we are curtailing 
our economic prosperity by delaying this permit and getting 
that infrastructure that we need.
    Senator Hickenlooper. Right. And I think the same was said 
in terms of reliability.
    Ms. Onaran. Absolutely.
    Senator Hickenlooper. The same constraints exist and 
restrictions. And we have been discussing all about the 
predictions that NERC has provided that the enhanced 
interregional transmission would significantly lower costs and 
enhance reliability. We have got a BIG WIRES Act to hopefully 
help coordinate interregional build-out, as I have discussed 
with several of you over a period of time. And the SPEED and 
Reliability Act would streamline permitting reform on 
nationally significant lines.
    Mr. Gatzemeier, Micron is obviously making huge investments 
in New York and in Boise. How does that reliability and access 
to low cost influence those decisions?
    Mr. Gatzemeier. On the reliability side, you know, we have 
talked about the impacts that a millisecond dip in power can 
have, right, in significant product loss for us. So reliability 
is absolutely paramount. Availability as well. And that's 
where, you know, the cost of inaction is extraordinarily high 
here. We have a once-in-a-lifetime opportunity. You know, I 
will just talk about DRAM for a second. Ninety percent of the 
world's DRAM used to be made here in the U.S. in 1975. Today, 
less than two percent of the world's DRAM is made here. And 
that is at Micron's facility in Manassas, Virginia.
    With our planned investment, right, in Idaho and New York, 
we will get that up and we will get to where over 60 percent of 
our capacity, you know, 12 percent of the world's capacity is 
built here in the U.S. again, but if we are unable to get the 
power, you know, either the generation or the transmission to 
the locations where we want to build, it will be an opportunity 
missed for the United States.
    Senator Hickenlooper. Right. No, I appreciate that. And I 
celebrate Micron, your innovation and your success. Even though 
you are Idahoan, we still in the West take--of innovation. I 
realize innovation occurs everywhere. I don't want to create 
enemies. But we do appreciate all that you guys have done and 
are going to take this CHIPS and Science investment and make 
the most of it.
    Mr. Fowke and I have known each other for many years, well 
back into my gubernatorial days. AEP testified last year before 
FERC that you are being asked to connect loads across the 
transmission system footprint equal to roughly ten percent of 
the total U.S. electricity demand today. And earlier this 
month, DOE released that preliminary list of National Interest 
Electric Transmission Corridors (NIETCs). And many of these 
primarily designated areas fall within AEP's service area.
    So how would that final designation of these high-priority 
areas make it easier for you to access new transmission 
infrastructure and connect new generation? How much of the work 
has been done?
    Mr. Fowke. Yes. First, good to see you again, and we are 
very supportive of the BIG WIRES Act, by the way, and want to 
continue to work with your staff on that. As far as the 
national corridors, you know, at AEP, we have had a tremendous 
amount of success working with our states to get transmission 
sited, and I think we have had to use eminent domain in less 
than three percent of the circumstances. So I think what's 
important, what the national corridors bring--FERC doesn't have 
the ability across the full grid--is in those rare cases where 
we need a federal backstop to step in when it's a critically 
important transmission line for reliability, that's where I 
think FERC today only has that authority in these national 
corridors.
    So that to me is the bigger thing than having a national 
corridor in my humble opinion, because states should be leading 
the siting process. I think they are critical in that process.
    Senator Hickenlooper. Totally agree.
    Great. Thank you all. I appreciate your--I am out of time, 
but I might come back for a second round of questions. Mr. 
Chair.
    The Chairman. Senator Hoeven.
    Senator Hoeven. Mr. Chair, I am just glad I could be here 
to help balance things out for you.
    The Chairman. Oh, I'm so happy you're here.
    [Laughter.]
    The Chairman. I am looking forward to this.
    Senator Hoeven. Well, I knew you would be. Thanks to all of 
you for being here. I have got to start with Mr. Gatzemeier. I 
don't know if anybody has mentioned it yet that you were a 
four-year member of the University of North Dakota's 
outstanding swim team and that you received a B.S. in 
electrical engineering--double E. So obviously a jock on campus 
and obviously managed to get an electrical engineering degree. 
Pretty impressive. Then went on to, you know, reasonably good 
schools, although not as good, to get an M.B.A. in Fort Collins 
and an M.S. at Berkeley. So I just wanted to make sure people 
were aware of your impeccable and outstanding credentials. If 
you would have had something in West Virginia in there as well, 
it would have been a trifecta.
    [Laughter.]
    Senator Hoeven. But seriously----
    The Chairman. Now you see why we are happy he is here.
    Senator Hoeven. Yes. He and I were Governors together for 
about ten years. So we go way back.
    The Chairman. Way back.
    Senator Hoeven. Way back. But seriously, let me start with 
Mr. Fowke. And that was serious, but I did want to welcome you. 
Mr. Fowke, in your testimony, you say that EPA has finalized 
new power plant sector regulations, and I quote, ``which could 
hasten the pace of plant retirements and diminish reliability'' 
at the same time that FERC is saying we need to increase 
electricity over the next five years. Increase it. So, don't we 
need to be focusing on dispatchable resources 24/7 to provide 
this additional electricity? I mean, it's not going to 
magically appear out of thin air, right? So aren't we on the 
wrong track, and don't we need to have EPA work with our 
baseload industry to make sure we can meet our electricity 
needs? And we're not like some third-world country with 
blackouts and brownouts, which have already started to happen.
    Mr. Fowke. Yes. I agree with you there. I love seeing 
renewables on the grid, but you cannot substitute 24/7 
dispatchable generation. In fact, if you look at the queue 
right now, the generation queue, I think it's 2.6 terawatts, 
which is more than double the existing capacity we have on our 
system. But if you look at what is in those queues, Senator, 
over 95 percent of it is non-dispatchable generation.
    Senator Hoeven. What was the percent?
    Mr. Fowke. Over 95 percent of it is--less than five percent 
of it is dispatchable 24/7 generation. So we absolutely need to 
hang on to what we have.
    Senator Hoeven. I heard you the first time. I just wanted 
to make sure everybody else did.
    [Laughter.]
    Mr. Fowke. We absolutely need to hang on to what we have. 
And the EPA rules, I believe, will hasten the retirement of the 
dispatchable generation we have on our grid today.
    Senator Hoeven. Okay. Who wants to disagree with him and 
why?
    Let the record show that nobody disagrees. I think that is 
pretty important. Now, from the user side, Mr. Gatzemeier, I 
don't know, is dependable electricity important at all in your 
business, or do you think it's important to anyone else?
    Mr. Gatzemeier. It's incredibly important, and I know it's 
important to all semiconductor manufacturers. Minor 
interruption, milliseconds, can cause our factories to go down 
for a week and cause, you know--millions--tens of millions in 
product loss, so incredibly important, and our factories run 
24/7, 365 at peak output operations, so we require, you know, 
the baseload to meet our demand.
    Senator Hoeven. So, would you argue it's vitally important 
in terms of our economy, being competitive in a global economy? 
And would you argue it's important for national security as 
well to be able to generate energy for ourselves and our 
allies?
    Mr. Gatzemeier. Absolutely, yes.
    Senator Hoeven. Okay. Any other thoughts on how we not only 
maintain, but increase our baseload--from any of you that would 
like to respond to that? Mr. Mills, sir.
    Mr. Mills. Senator, the fastest way to increase power 
supplies, as we are talking about demands that are occurring in 
the next few years, not decades, is not things we don't know 
how to build, but things we know how to build. So the fast 
construction of dispatchable power will come from gas pipes and 
gas turbines. That will be the primary source of new supply. 
This will be true with the United States--almost every state--
and it's also true in Europe. It's what is happening in and 
around the world, but especially here.
    Senator Hoeven. And would you agree that American 
technology and ingenuity is driving improvements to 
environmental standards at the same time that we are producing 
energy on a low-cost basis, and on a dependable basis in this 
country, and that is a better approach than regulations that 
shut us down and force us to get energy from other countries?
    Mr. Mills. Well, you know the expression that the question 
answers itself, sir.
    Senator Hoeven. Good. Well, I really like that answer. So 
again, I want to thank all of you.
    Thank you, Mr. Chairman.
    The Chairman. Thank you, Senator.
    And now we have, let's see--Senator King.
    Senator King. Thank you, Mr. Chairman. What's bothering me 
about this entire discussion is that we are only talking about 
half of the equation. We're like in a car on a railroad track 
with a train coming toward us, and we're talking about the cost 
of a tow truck. The cost of not addressing climate change 
dwarfs the cost of addressing climate change. There are 
reliable studies that indicate it is as much as five times. In 
Houston today, the power is off.
    Now, we can talk about this, and you can dismiss these 
studies and talk about environmentalists and everything else. I 
will tell you who is paying attention to this--the insurance 
companies. They are cold-eyed businesspeople. And there was 
just a report this morning that Texas has had to create a kind 
of risk pool because people can't get homeowners insurance 
because of the volume of these violent storms.
    So I just want to put the context here. Nobody is saying we 
should go back to hydro because they love the looks of dams. 
They are saying we should be talking about renewable power 
because the alternative to moving in that direction is 
catastrophic in terms of dollars and cents. So I just wanted to 
lay that little bit of context. I agree with you all, Mr. Mills 
and others, about permitting reform. I have been working with 
the chairman for years on this. It has got to include judicial 
reform. So the whole point is that the process just can't take 
forever. Last week we had the Secretary of the Interior. I 
talked to her about it, and I informed her, because of the 
delays that they have in doing their studies, that Eisenhower 
retook Europe in 11 months. So I suggested she send an email to 
her permitting staff with one word--Eisenhower.
    And so we have got to address that. I understand that. But 
to act like the transition is just something we are doing 
because it's a nice thing to do, or because some elite group 
says we should do it, is just not accurate. Transmission is 
obviously a big part of the problem. Mr. Fowke, I like your 
testimony about GETs, that's not the whole answer, but it's 
part of the answer. And an indication, you increase the 
throughput by 40 percent without building new poles. And I 
think that is the kind of thing--and also dynamic line 
management has got to be part of that as well.
    The other piece is the queue. Nobody has talked about the 
queue. I think one of you, I think you testified there is as 
much power waiting in the queue of the various RTOs around the 
country that's double the total amount of power being produced 
in the country right now. And by the way, it's not all non-
dispatchable. Five hundred gigawatts is batteries. Batteries 
are dispatchable. And that's a technology that is obviously in 
development. There are other kinds of storage technologies. 
Good old pumped storage has been around for 150 years. All 
those kinds of alternatives.
    But Mr. Fowke, how do we get there? I guess I will go back 
to my original question. Do you believe we have to address the 
threat of climate change?
    Mr. Fowke. Yes, absolutely. And I think there is a lot we 
can do, but we also have to balance that against the need for 
reliable and affordable power. And we need to----
    Senator King. Absolutely.
    Mr. Fowke. I have spoken many times about this in my former 
role, and I will say it as just somebody that is in the 
industry. This industry can make tremendous strides to reducing 
carbon emissions, and already has, more than we probably ever 
thought possible. But that last--you picked a percentage--that 
last 20 percent is going to require different technologies than 
we have today. I am a big believer----
    Senator King. For example, small modular reactors.
    Mr. Fowke. You just took the words out of my mouth, 
Senator. I am a big proponent of that. Maybe carbon capture 
becomes viable. It's not now. Maybe there's something else, but 
we have to have technology move at the speed of value. And I 
worry that when we prematurely shut down power plants that are 
running, that is going to have a very negative impact on 
reliability and potentially the ability to fund this terrific 
growth that we are seeing across the country.
    Senator King. Do you agree though that the queue is a 
barrier in itself, in terms of the what's waiting in line?
    Mr. Fowke. Yes, I do. And that's why we think that FERC 
should be encouraged to fast-track those resources that load-
serving entities that have the obligation to serve feel are 
essential to preserve reliability. We don't have that today, 
Senator.
    Senator King. I think part of the answer here, and we 
always talk about all of the above. There are so many options. 
Everything from GETs to storage to more efficient conservation. 
I used to be in the conservation business, where we could cut 
energy usage significantly in a factory or a hospital. And 
those are kilowatt-hours that you can use somewhere else. They 
are not generation, but they free up generation to be used 
somewhere else. So, plenty of options.
    Thank you all very much for your testimony. Thank you, Mr. 
Chairman.
    I don't know what to say. You're----
    Senator Hickenlooper [presiding]. I have gotten wiser.
    Senator King. Say something in West Virginian.
    [Laughter.]
    Senator Hickenlooper. I can't quite speak that language 
yet, but I am getting close.
    Senator Hirono.
    Senator Hirono. Thank you very much. I am glad that Senator 
King noted how important it is for us to deal in this space 
with climate change because I agree that the insurance industry 
certainly has gotten it when you can't afford homeowners 
insurance because of the need to cover the results of extreme 
climate disasters, including, I have to say, wildfires, which 
is what Maui experienced. Then, you know, at least we have one 
major industry that has said we need to deal with climate 
change. And thank you for agreeing that that's something we 
have to do.
    So I am interested in the importance of clean energy goals. 
Mr. Gatzemeier, the analysis from S&P Global recently released 
a study on data center power demand that concluded, ``Many of 
the large technology companies and private equity groups that 
own and manage data centers have pledged to use green-powered 
electricity for their needs. And we expect renewables to 
ultimately supply a majority of the incremental supply to the 
facilities.'' Can you elaborate on Micron's renewable energy 
commitments and the role they played in locating new plants 
Micron is building with the help of the CHIPS and Science Act?
    Mr. Gatzemeier. Yes, so at Micron, we have committed by the 
end of 2025 to be 100 percent renewable in our factories in the 
United States, and elsewhere in the world where available. 
Fortunately, you know, you look at Idaho and New York, the 
availability of renewables there was a play. The other thing 
that we were looking at is entering into co-op solar projects 
like we did with Idaho Power, with the Black Mesa project, 
which was a 40-megawatt project. In addition to that, we'd be 
looking at additional PPAs or renewable energy credits 
purchased as well, to hit those goals.
    Senator Hirono. So how much did the falling cost of 
renewable power contribute to Micron setting its energy goals?
    Mr. Gatzemeier. I'm sorry, what was the question?
    Senator Hirono. How much did the falling cost of renewable 
power play into Micron setting its energy goals moving toward 
green energy?
    Mr. Gatzemeier. Yes. Obviously, we look at the cost of 
energy and we are in a cost-sensitive business, so we want to 
continue to drive that and be effective. And fortunately, in 
the U.S., you can get renewable energy credits, you can look at 
renewables that are effective today. However, if there is not 
more generation added onto the grid with the amount of demand 
that we are talking about, the cost of energy would rise and 
create problems.
    So then you would run into availability issues, reliability 
issues, and those are the things that we would like to avoid 
through change here with transmission and additional generation 
of multiple sources coming online. So solar, wind, battery 
technology--to enable those to be more effective--geothermal, 
and we have talked about nuclear with the small modular 
reactors and other investments that could be done to continue 
down that path to meet all of the goals that we are looking 
for.
    Senator Hirono. So I think you are an example of a private 
company that pays attention to these issues.
    For Mr. Fowke, you described how new data centers could 
require 3 to 15 times as much power as a more typical 
industrial plant. Do you think states and utilities should 
require data centers with such a new demand for power to 
install energy storage onsite in order to shave back their 
demand for power from the grid at periods of peak demand?
    Mr. Fowke. I think that's an interesting commentary and 
it's something we need to look into. I mean, traditionally--and 
I refer to my colleague--data centers are backed up because of 
the importance to making sure you have backup power. But I 
think increasingly as we look around, I think data centers are 
more open to doing exactly what you described.
    I also would want to call to your attention the data center 
tariff that we filed in Ohio, recognizing that this 
extraordinary growth needs to be funded fairly by the data 
centers and not cost-shifting to other consumers. We think it 
is a critically important first step as we move forward with 
the data centers--the demand we see from the data centers.
    Senator Hirono. I agree. Mr. Gatzemeier, do you have a 
comment on this question?
    Mr. Gatzemeier. Unfortunately, right now, we have power 
conditioning coming into our site, but we don't have any co-
generation or large power backup that could sustain us through 
a reliability event. So in the case of a reliability issue, we 
would see a power implication that would impact our production 
in a negative way.
    Senator Hirono. I have run out of time. Thank you, Mr. 
Chairman.
    Senator Hickenlooper. Thank you, Senator.
    So now I get to have a second round by myself, or at least 
until the Chair gets back. He will be looming over my shoulder 
soon enough. Oh my God, there he is.
    [Laughter.]
    Senator Hickenlooper. Looming over my shoulder, as 
predicted.
    The Chairman. You're on brother, take it.
    Senator Hickenlooper. Let me ask a final question. Mr. 
Mills, I will talk with you because you have been working on 
this for such a long period of time, and I think you have a 
perspective and, you know, part of what America values in this 
strange creation of a democracy, that most of the time 
functions pretty well--people have an opportunity to voice 
their concerns. We spend a lot of time designing the process by 
which neighborhoods and counties and states are heard.
    Two of the biggest reasons put forward in terms of the 
slowness of progress, especially in expanding transmission, but 
also making sure that it's efficient where it needs to be, have 
been the process, but then also the litigation. How would you 
rank those, relatively speaking, in terms of where we should 
put more attention to trying to move more rapidly? And again, I 
am a big believer that climate change is real and is happening 
at scale. And the costs of avoiding it, as Senator King said, 
are enormous. By delaying our response, it's going to cost 5 or 
10 times what it would cost now. So within that, where should 
we be focusing our attention?
    Mr. Mills. Well, you know, as a former practitioner, 
building things as a physicist and engineer, you are asking me 
to choose between process and litigation as the lesser of 
evils. It's a tough challenge.
    But seriously, I think what you would find from most 
industries, the threat of litigation is real. And in the 
hypertrophied examples, it becomes the critical--the 
dispositive factor that kills things. But on average, I think 
what you would find in business is that it's the regulatory 
process, it's the sand in the gears that, as economists would 
talk about, that faces businesses small to large in the United 
States.
    So the International Manufacturers Association puts out a 
semi-annual study of the actual costs of process in the form of 
regulations, but they monetize it. And of course, in the United 
States, the last study came out this spring. For a large firm, 
it's $18,000 a year per employee, and for small firms, $36,000 
per year, if I recall correctly, per employee for the 
regulatory compliance process. So that is a huge headwind for 
businesses to start and expand in the United States.
    So I would say, if I had to choose from the two, I would 
say the process system, the regulatory systems--federal in 
particular--but state as well, are big impediments.
    Senator Hickenlooper. Right. And I appreciate that. And I 
would argue that the process is, again, uniquely American and 
critically important----
    Mr. Mills. It is.
    Senator Hickenlooper [continuing]. And we don't want to 
eliminate it. But certainly, I think there are probably ways 
when we look at something like this, where really both sides, 
the Republicans and Democrats, rural and urban, everybody's got 
an alignment of self-interest, and getting things built more 
rapidly to address this energy challenge that we face, I think 
it's maybe a time to go and re-look at some of the processes, 
make sure people's voices are heard, that there is an inherent 
sense of fairness in how decisions are made. But we can do it 
more quickly.
    With that, I yield back to the Chair. The man who must be 
respected, who always is seeing both sides of the fence.
    The Chairman. Well, let me just say to all of you, thank 
you for your expertise that you bring to the Committee. I think 
it's something that we need to continue to raise the alarm on. 
Because I can see a real catastrophic situation happening in 
our country and not being able to meet the demand, no matter 
what side of the political fence you are on. And it's a shame 
that politics has divided us up to what team you are on. There 
is only one team, the American team. And every American expects 
to have dependable, reliable, and affordable energy because you 
know what, they always have.
    We have built a system around what the needs of the country 
are and the defense of our country. And we are getting to a 
situation now because of the political will, if you will, and 
whoever's in charge wants to push one agenda over the other. 
And I have always said this, if it's not feasible, it's not 
reasonable. It really isn't. If you can't do it, we are not 
there. We haven't matured. Carbon capture sequestration, Mr. 
Fowke, I remember, I was Governor at the time, and the Senator 
will tell you this, Senator Hickenlooper here, you all went 
into that venture.
    It was a 900-megawatt plant--the Mountaineer Plant, 
correct? I'm understanding in order to prove that we could 
commercialize carbon capture sequestration, and you all did 
that, and we showed that we could take Clearstream carbon off, 
liquefy it, pressurize it, and put it back in the ground. But 
it took about three--on scale, it would have taken a third of 
your power. So when President Obama--I told him this--I said, 
``President Obama, you have said go ahead and build a coal-
fired plant and I will break you.''
    And you would, if you made us use carbon capture at that 
time, we didn't have the maturity in technology. You can't 
build a plant that costs 900 megawatts of investment and only 
gets 600 megawatts of return. That's the problem. That's how it 
would break you. So when they said it was a war on coal, there 
was no alternative. It's either shut it down or get out of 
the--you know. So that was the problem. I will tell you this--
politically, it changed my State of West Virginia from being 
over 75 percent Democrat registration--old line conservative 
Democrats--but they were still Democrats. That switched now to 
80 percent Republican in one decade because of that. And the 
only thing I have said about transitions, don't ever take 
someone's job away from them unless you have something equally 
as good, if not better, because you will pay the ultimate price 
on that one.
    So this transition is going on. We gave you the maps and 
this and everything else. My state will be hit eventually 
because if it wasn't for West Virginia two years ago with that 
polar bomb or whatever they called it, remember, shut 
everything down, every coal plant we had--and Ben, you can 
confirm this--you were running about 110 percent, putting out 
everything you had to keep PJM from falling apart. It would 
have gone down. So that's all we're asking this administration 
to realize, that I am not defending fossil over renewables or 
either one. I am just basically looking at the load that we 
have and the need.
    And we have replaced--growing up, the only two dispatchable 
24/7 that we had was at that time nukes and coal. Gas has 
replaced the coal. And we saw gas freeze up in Texas and people 
died. So we have some work to do there. SMRs are coming on, and 
we are all in. Battery storage, we are all in. Wind has the 
greatest challenge of all, I believe, of all the renewables 
they want to use because of permitting. So we need permitting 
for pipelines to move carbon capture and really get it matured. 
They need it, we all need it. And that's all we are saying.
    So when Senator Schumer said, you know, he thought it was 
not going to go anywhere, I think it must go somewhere and we 
have it ready to go, and we will, and we are working with our 
Republican colleagues here, our Democratic colleagues, and we 
will go and see if we can move this from this Committee forward 
on the floor.
    But again, your expertise means an awful lot to us. And I 
want to thank you for that. And what we will do is, we are 
going to go ahead and adjourn the meeting, but we are going to 
give members until the close of business tomorrow to submit 
additional questions for the record.
    So with that, thank you. The meeting is adjourned.
    [Whereupon, at 11:48 a.m., the hearing was adjourned.]

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