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Bill > H0437


VT H0437

An act relating to a plan on energy storage development


summary

Introduced
03/01/2023
In Committee
03/01/2023
Crossed Over
Passed
Dead
05/10/2024

Introduced Session

2023-2024 Session

Bill Summary

This bill proposes to direct State’s electric distribution utilities and Vermont Electric Power Company (VELCO) to submit to the Department of Public Service a report, including an electric system map, identifying where energy storage facilities and flexible load management initiatives, and how much of each solution, would deliver the greatest reliability, affordability, community resilience, and sustainability benefits, which would then be used by the Clean Energy Development Board to award grants to those locations.

AI Summary

This bill proposes to direct Vermont's electric distribution utilities and the Vermont Electric Power Company (VELCO) to submit a report to the Department of Public Service, including an electric system map, identifying where energy storage facilities and flexible load management initiatives would deliver the greatest reliability, affordability, community resilience, and sustainability benefits. The report would then be used by the Clean Energy Development Board to award grants for the development of energy storage facilities in the identified locations. The bill also requires the energy resiliency plan to be updated biennially and integrated into existing energy plans.

Committee Categories

Agriculture and Natural Resources

Sponsors (4)

Last Action

Read first time and referred to the Committee on Environment and Energy (on 03/01/2023)

bill text


bill summary

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