Department of Energy Elimination and National Security Protection Act of 2001

[AI summary unavailable — showing source text] Department of Energy Elimination and National Security Protection Act of 2001 - Redesignates the Department of Energy (DOE) as the Energy Programs Resolution Agency (thus abolishing DOE at the departmental level). Establishes: (1) an independent Energy Laboratory Facilities Commission to reduce energy laboratories and programs; and (2) the Energy Laboratory Facility Closure Account to fund reduction implementation . Federal Power Asset Privatization Act of 2001 - Directs the Secretary of Energy to sell all Federal electric power generation and transmission facilities under the aegis of the Federal Power Marketing Administrations (except the Bonneville Power Administration). Transfers to: (1) the Secretary of the Interior all DOE functions affecting the Strategic Petroleum Reserve; and (2) the Administrator of the Energy Programs Resolution Agency all functions performed with respect to the naval petroleum reserves, except Naval Petroleum Reserve Numbered 1 (Elk Hills). Establishes the Defense Nuclear Programs Administration (the Administration) in the Department of Defense (DOD). Establishes an Under Secretary for Defense Nuclear Programs and transfers to such Under Secretary all: …