ITI: SPEED Act is a Necessary Solution to Meeting Today’s Energy Demands
WASHINGTON – Today, global tech trade association ITI commended the final House passage of the Standardizing Permitting and Expediting Economic Development (SPEED) Act. Led by House Natural Resources Chairman Bruce Westerman and Congressman Jared Golden, H.R. 4779 will help reform critical infrastructure permitting processes that will accelerate the build-out of energy projects in the United States.
“The SPEED Act is a pragmatic and necessary solution to meet the energy demands required to keep the U.S. competitive in the global AI race while ensuring all Americans have safe, affordable access to electricity,” said ITI President and CEO Jason Oxman. “By making meaningful permitting reforms, the measure will fast-track energy deployment, leading to better availability, lower rates and increased reliability for all users, while maintaining important environmental safeguards. The tech industry is committed to partnering with the energy industry, policymakers, communities, and other stakeholders to tackle ongoing energy challenges and power the U.S. economy.”
ITI represents a broad spectrum of stakeholders within the energy and technology ecosystem, including data center developers, operators, end-users, chip manufacturers, AI developers, energy distributors, and more.