This bill aims to enhance Iowa's energy systems by modifying regulations related to electric power generation, energy storage, and transmission facilities. It introduces new definitions and provisions for energy storage, nuclear reactors, and the repowering of energy facilities, emphasizing the need for diverse technologies to ensure reliable service and economic benefits for consumers. The bill establishes new procedures for ratemaking principles, requiring the Iowa Utilities Board to conduct timely proceedings for energy facility applications and mandates electric utilities to file resource plans every five years. Additionally, it introduces innovative utility programs through new tariffs, allowing public utilities to pursue pricing and program innovations while protecting nonparticipating customers.
Furthermore, the bill outlines new regulations for anaerobic digester systems, including construction and operational requirements, and establishes strict land restoration mandates post-construction for electric transmission lines. It specifies stockpiling requirements for materials and digestate, particularly in sensitive areas, and enhances enforcement measures by allowing the Department of Natural Resources and the attorney general to ensure compliance. The bill also modifies existing laws governing rate-regulated utilities, allowing for greater flexibility in seeking ratemaking principles and clarifying the rights of electric transmission owners. Overall, the legislation aims to foster economic growth, sustainable energy production, and environmental protection in Iowa.
Statutes affected: Introduced: 476.53, 478.16, 362.2