American Energy Security and Grid Modernization Act

This bill directs the Department of the Interior and the Federal Energy Regulatory Commission to establish coordinated, time-limited reviews for domestic oil and natural gas pipelines, storage facilities, transmission lines, and grid modernization projects, while maintaining applicable environmental, tribal, and public-safety protections. It provides competitive grants and streamlined permitting for carbon capture, methane-reduction, advanced nuclear, and other commercially viable carbon-reduction technologies, prioritizing projects that strengthen reliability, support domestic energy production, and reduce dependence on foreign energy supplies.