Energy storage requirements; Department of Energy, et al., to develop model ordinances, reports.

Changed the proposing committee from House Committee on Labor and Commerce to Senate Committee on Commerce and Labor in the amendment header.

Updated the amendment date from January 30, 2025 to February 10, 2025.

Reformatted the document with additional spacing and line breaks, likely for printing or digital readability.

Adjusted the patron attribution from Delegate Sullivan (House) to Delegate Sullivan (Senate) in the substitute header.

Updated compliance deadlines for renewable energy procurement and energy storage targets, with some dates extended and others clarified.

Added new requirements for utilities to submit annual plans for solar and wind development and to conduct public requests for proposals for renewable energy resources.

Added new work groups to develop model ordinances for energy storage regulation and to evaluate long-duration energy storage financial incentives.

Added technology demonstration program requirements for long-duration energy storage resources.

Modified energy storage capacity targets and procurement requirements for Phase I and Phase II utilities.

Modified definitions of 'Previously developed project site' and 'Falling water' to clarify what qualifies as eligible renewable energy sources.

Modified eligibility criteria for accelerated renewable energy buyers and clarified exemptions from non-bypassable charges.

Added provisions for deficiency payments when utilities fail to meet RPS compliance requirements.

The RPS Program requirements were modified to include a detailed percentage schedule for Phase I and Phase II utilities from 2021 through 2045, replacing the previous less detailed structure.

New energy storage targets were added, requiring Phase I utilities to procure 780 megawatts of short-duration storage and 520 megawatts of long-duration storage by 2040 and 2045 respectively, with Phase II utilities having significantly higher targets.

New exemptions were added for accelerated renewable energy buyers and large customers over 100 megawatts, exempting them from certain non-bypassable RPS compliance costs.

New work groups were established to develop model ordinances for localities regulating energy storage and to create financial incentives for long-duration energy storage projects.

A technology demonstration program was added for Phase II utilities to evaluate long-duration energy storage resources, with reporting requirements to the State Corporation Commission.

Several deadlines were modified, including the RPS compliance schedule starting in 2021 and various energy storage procurement deadlines extending to 2040 and 2045.

Energy storage capacity deadlines were extended from 2040 to 2050 for long-duration storage requirements, and short-duration storage targets were increased from 400/780 megawatts to 2,700/5,220 megawatts for Phase II utilities.

Renewable energy portfolio standard (RPS) compliance percentages were updated with new targets for 2025-2035, replacing the previous schedule that ended at 2045.

Solar and wind generation capacity procurement requirements were updated with new megawatt targets and extended deadlines for Phase I and Phase II utilities.

New provisions require the Department of Energy to develop model ordinances for localities regulating energy storage projects and create a work group to study financial incentives for long-duration energy storage.

Definitions were clarified and expanded, including updated language for 'Previously developed project site' and 'Total electric energy' calculations.

New provisions require utilities to conduct annual requests for proposals for solar and wind resources and submit annual plans for energy storage project targets.