The bill aims to modernize Iowa's energy infrastructure by revising regulations concerning electric power generation, energy storage, and transmission facilities. It introduces new definitions and provisions for energy storage and nuclear reactors, while encouraging public utilities to adapt existing facilities to manage carbon emissions. The Iowa Utilities Board is tasked with conducting timely ratemaking proceedings and utilities are required to file resource plans every five years. The bill also establishes a framework for public utilities to propose new tariffs, ensuring that nonparticipating customers are not adversely affected, and emphasizes the need for efficient and transparent approval processes for these tariffs.

Additionally, the bill outlines stringent requirements for the construction and operation of anaerobic digester systems, including permit requirements and environmental protections to prevent pollution. It mandates that incumbent electric transmission owners adhere to specific land restoration practices post-construction and provides for the appointment of inspectors to ensure compliance. The legislation also introduces enforcement measures for violations related to air and water quality, with penalties directed to the Iowa nutrient research fund. Overall, the bill seeks to enhance environmental protections while promoting sustainable energy practices and economic growth in Iowa.

Statutes affected:
Introduced: 476.53, 478.16, 362.2