This bill directs the Governor's Energy Office to conduct one or more competitive solicitations every 2 years beginning January 1, 2026 to procure energy or associated environmental attributes or a combination of both from renewable and clean resources through long-term contracts if the office determines procurement is necessary to achieve the emissions reduction and renewable and clean energy goals of the State and to meet reasonably expected growth in electricity demand and reliability needs. This bill amends the state goals for consumption of electricity from renewable resources so that by January
1, 2040, 90% of retail sales electricity in the State will come from renewable resources and
10% of retail sales electricity in the State will come from clean resources. This bill gives additional authority to the Public Utilities Commission to coordinate with other states to procure, through long-term contracts or other mechanisms, transmission capacity, capacity resources, energy, renewable energy credits or clean energy credits. This bill directs the Public Utilities Commission to initiate a competitive solicitation for energy or renewable energy credits from Class IA resources for the purpose of improving the long-term viability of an existing facility. This bill also establishes a regular schedule of competitive procurements for renewable and clean resources.

Statutes affected:
Bill Text LD 1868, SP 738: 35-A.3210, 35-A.3212