Energy Advancement and Conservation Act of 2001

[AI summary unavailable — showing source text] Energy Advancement and Conservation Act of 2001 - Amends the Department of Energy Organization Act and the National Energy Conservation Policy Act (NECPA) to reauthorize Federal Energy Conservation Programs and revise requirements with respect to: (1) Federal energy savings performance contracts; (2) State energy conservation plans, including energy conservation programs for schools and hospitals, the Low-Income Home Energy Assistance program, and establishment of a High Performance Public Buildings grants program; (3) establishment of an Energy Star Program to promote energy efficient consumer products and buildings; and (4) energy-efficient vehicles. Establishes a Federal Energy Bank to make loans to Federal agencies to finance energy efficiency projects. Prescribes requirements for automobile fuel economy. Moves the Nuclear Waste Fund off-budget. Revises the Atomic Energy Act with respect to combined construction and operating licenses and depleted uranium hexafluoride. Authorizes the Secretary of Energy (Secretary) to use certain funds: (1) to implement cold standby status and plan hot restart for the Portsmouth Gaseous Diffusion Plant; and (2) for the Paducah Gaseous Diffusion…