RELATING TO ENERGY.
What changed between versions
Removed the absolute prohibition on LNG imports, storage, and infrastructure construction effective after June 30, 2026.
Changed the effective date of the Act from July 1, 2026, to July 1, 3000, likely indicating a placeholder or future review date.
Added requirements for the Public Utilities Commission to approve LNG costs only if they are fully amortized by 2045 and do not create stranded asset risks for customers.
Modified utility agreements to require provisions where fuel supply volumes decline to zero by 2045 and include protections against fuel price volatility.
Added a mandate for the Public Utilities Commission to explicitly consider the impact of fossil fuels on renewable energy development and the risk of relying on single fuel suppliers when approving utility costs.
Removed the authorization for the Department of Health to adopt rules for enforcing the prohibition on LNG.
Repealed the section in the Hawaii State Planning Act that designated LNG as a transitional replacement for petroleum.