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 with a capacity of 100 megawatts or more that were operational 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 a new effective date clause, stating that the changes will take effect the day following final enactment. This ensures that the modifications to the renewable energy standard are implemented promptly, facilitating the transition to a more inclusive definition of eligible energy technologies that can contribute to Minnesota's renewable energy goals.
Statutes affected: Introduction: 216B.1691