HB 2537 - Expands the Existing Mandate in the Virginia Clean Economy Act Over Battery Storage - Virginia Key Vote

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Title: Expands the Existing Mandate in the Virginia Clean Economy Act Over Battery Storage

Title: Expands the Existing Mandate in the Virginia Clean Economy Act Over Battery Storage

NOTE: THIS IS A VOTE TO APPROVE THE GOVERNOR'S RECOMMENDATION(S) TO THE LEGISLATION. IF THE LEGISLATURE ACCEPTS THE ENTIRETY OF THE GOVERNOR'S RECOMMENDATION(S), THE LEGISLATION BECOMES LAW WITHOUT FURTHER GOVERNOR ACTION. IF THE LEGISLATURE REJECTS THE RECOMMENDATION (IN WHOLE OR IN PART), THE GOVERNOR CAN SUBSEQUENTLY ELECT TO SIGN OR VETO THE LEGISLATION.

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Title: Expands the Existing Mandate in the Virginia Clean Economy Act Over Battery Storage

Vote Smart's Synopsis:

Vote to concur with Senate amendments and pass a bill that expands the existing mandate in the Virginia Clean Economy Act over battery storage.

Highlights:

  • Expands the existing mandate in the Virginia Clean Economy Act over battery storage (Sec. 2).

  • Requires Department of Energy and Department of Environmental Quality to develop model ordinances, work groups, and reports (Sec. 2).

  • Increases the targets for energy storage capacity that Appalachian Power and Dominion Energy are required to petition the State Corporation Commission for approval to construct, acquire, or procure and extends the time frame by which such capacity must be met (Sec. 2).

  • Requires Appalachian Power shall petition the Commission for approval to construct, acquire, or procure at least 780 megawatts of short-duration energy storage capacity by 2040 and 520 megawatts of long-duration energy storage capacity by 2045 (Sec. 2).

  • Requires that Dominion Energy petition the Commission for approval to construct, acquire, or procure at least 5,220 megawatts of short-duration energy storage capacity by 2045 and 3,480 megawatts of long-duration energy storage capacity by 2045 (Sec. 2).

  • Requires the State Corporation Commission to conduct a technology demonstration program for long-duration energy storage resources and initiate a proceeding to determine if such technology is viable and that the targets in the bill are reasonably achievable, for which a final order shall be entered no later than March 1, 2030 (Sec. 2).

  • Requires the Department of Energy, in consultation with the Department of Environmental Quality and the Department of Fire Programs, to create model ordinances for use by localities in their regulation of energy storage projects and to convene a work group to develop such model ordinances and submit a report by December 1, 2025 (Sec. 2).

  • Specifies that the Department of Energy and the Department of Environmental Quality are directed to convene a work group to develop recommendations and financial incentives related to the development of long-duration energy storage projects and submit a report by December 1, 2025 (Sec. 2).

  • Requires the Department of Energy to engage with PJM in reviewing market conditions related to energy storage resources and permits Dominion Energy to propose a partnership with institutions of higher education to deploy energy storage resources (Sec. 2).

See How Your Politicians Voted

Title: Expands the Existing Mandate in the Virginia Clean Economy Act Over Battery Storage

Vote Smart's Synopsis:

Vote to amend and pass a bill that expands the existing mandate in the Virginia Clean Economy Act over battery storage.

Highlights:

  • Expands the existing mandate in the Virginia Clean Economy Act over battery storage (Sec. 2).

  • Requires Department of Energy and Department of Environmental Quality to develop model ordinances, work groups, and reports (Sec. 2).

  • Increases the targets for energy storage capacity that Appalachian Power and Dominion Energy are required to petition the State Corporation Commission for approval to construct, acquire, or procure and extends the time frame by which such capacity must be met (Sec. 2).

  • Requires Appalachian Power shall petition the Commission for approval to construct, acquire, or procure at least 780 megawatts of short-duration energy storage capacity by 2040 and 520 megawatts of long-duration energy storage capacity by 2045 (Sec. 2).

  • Requires that Dominion Energy petition the Commission for approval to construct, acquire, or procure at least 5,220 megawatts of short-duration energy storage capacity by 2045 and 3,480 megawatts of long-duration energy storage capacity by 2045 (Sec. 2).

  • Requires the State Corporation Commission to conduct a technology demonstration program for long-duration energy storage resources and initiate a proceeding to determine if such technology is viable and that the targets in the bill are reasonably achievable, for which a final order shall be entered no later than March 1, 2030 (Sec. 2).

  • Requires the Department of Energy, in consultation with the Department of Environmental Quality and the Department of Fire Programs, to create model ordinances for use by localities in their regulation of energy storage projects and to convene a work group to develop such model ordinances and submit a report by December 1, 2025 (Sec. 2).

  • Specifies that the Department of Energy and the Department of Environmental Quality are directed to convene a work group to develop recommendations and financial incentives related to the development of long-duration energy storage projects and submit a report by December 1, 2025 (Sec. 2).

  • Requires the Department of Energy to engage with PJM in reviewing market conditions related to energy storage resources and permits Dominion Energy to propose a partnership with institutions of higher education to deploy energy storage resources (Sec. 2).

Title: Expands the Existing Mandate in the Virginia Clean Economy Act Over Battery Storage

Title: Expands the Existing Mandate in the Virginia Clean Economy Act Over Battery Storage

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