The bill amends Minnesota Statutes 2024, section 216B.1691, subdivision 1, to modify the definition of "eligible energy technology" under the renewable energy standard. Specifically, it removes the previous capacity limitations for hydroelectric energy, which stated that only facilities with a capacity of less than 100 megawatts or those in operation as of February 8, 2023, would qualify. The updated definition now allows for a broader range of hydroelectric facilities to be considered eligible, thereby promoting increased use of hydroelectric power as a renewable energy source.
Additionally, the bill introduces new legal language that establishes an effective date for the changes, stating that the amendments will take effect the day following final enactment. This ensures that the modifications to the renewable energy standard are implemented promptly, facilitating the integration of more hydroelectric capacity into Minnesota's energy portfolio.
Statutes affected: Introduction: 216B.1691