1. Short title This Act may be cited as the Advancing Grid-Enhancing Technologies Act of 2024 or the Advancing GETs Act of 2024 . 2. Definitions In this Act: (1) Commission The term Commission means the Federal Energy Regulatory Commission. (2) Grid-enhancing technology The term grid-enhancing technology means any hardware or software that— (A) increases the capacity, efficiency, reliability, resilience, or safety of transmission facilities and transmission technologies; and (B) is installed in addition to transmission facilities and transmission technologies— (i) to give operators of the transmission facilities and transmission technologies more situational awareness and control over the electric grid; (ii) to make the transmission facilities and transmission technologies more efficient