Allowing incremental electricity produced as a result of certain capital investment projects to qualify as an eligible renewable resource under the energy independence act.
Summary
Amends the definition of an "eligible renewable resource" to include incremental electricity produced as a result of a capital investment project completed after March 31, 1999, at a qualified biomass energy facility that commenced operation before March 31, 1999.
Authorizes the Department of Commerce to adopt rules concerning the development of a methodology for calculating baseline levels of electricity generation for generation facilities that commenced operation before March 31, 1999.
From the Engrossed House Bill Report (ESB 6166), written by the Legislature's nonpartisan staff. Read the full report ↗
AN ACT Relating to allowing incremental electricity produced as a result of certain capital investment projects to qualify as an eligible renewable resource under the energy independence act;