Bill > HB692

This bill establishes a new chapter in Louisiana state law defining policies for energy grid management, focusing on affordability, reliability, and security. The legislation introduces specific definitions for terms like "affordable" (lowest reasonable cost method of electricity generation), "dispatchable" (energy sources available on demand), and "reliable" (electricity sources contributing to grid stability). The bill requires the Department of Energy and Natural Resources to work with the Public Service Commission to prioritize domestically produced fuel sources and minimize reliance on foreign nations for critical energy materials. Energy sources must meet criteria including affordability, reliability, dispatchability, cost savings to customers, and the use of hydrocarbon-based energy. The bill broadly defines "green energy" to include nuclear and natural gas resources that meet environmental quality standards, expanding traditional definitions of clean energy. Notably, the legislation emphasizes the importance of maintaining a stable electrical grid that can quickly adjust electricity generation and ensures continuous power availability across different seasons and usage periods, with a particular focus on maintaining energy security and domestic energy production.

Agriculture and Natural Resources, Budget and Finance

https://www.legis.la.gov/legis/BillInfo.aspx?s=25rs&b=HB692&sbi=y