The bill amends the Clean and Renewable Energy and Energy Waste Reduction Act of 2008 by updating definitions and requirements related to clean energy systems and carbon capture technologies. Notably, it introduces new legal language that clarifies the criteria for what constitutes a "clean energy system," including specific requirements for carbon capture and storage effectiveness. The bill specifies that facilities permitted after February 27, 2024, must meet a carbon capture rate that aligns with the best available control technology standards, which may exceed 90% if determined necessary by the Department of Environment, Great Lakes, and Energy.

Additionally, the bill outlines provisions for independently owned combined cycle power plants and reciprocating internal combustion engines, particularly those aimed at facilitating the retirement of coal-fired generation in the Upper Peninsula. It emphasizes the need for these facilities to develop plans that achieve functional equivalence with the clean energy standard by 2030, taking into account factors such as technology, affordability, resource adequacy, and grid reliability. The bill also includes various definitions relevant to the clean energy sector, ensuring clarity in the implementation of the act.

Statutes affected:
House Introduced Bill: 460.1003