This bill amends several sections of Nebraska's electricity regulations, specifically focusing on the construction and acquisition of electric energy storage resources and related facilities by electric suppliers. Key definitions are introduced, including "electric energy storage resource," which refers to resources capable of storing electric energy for later use, while explicitly excluding devices intended solely for reactive power management or electric vehicle charging. The bill also clarifies the role of the Nebraska Power Review Board in overseeing applications for construction and acquisition, requiring suppliers to notify the board of any projects that may impact military installations and ensuring compliance with critical infrastructure protection requirements.

Additionally, the bill outlines the consequences for suppliers who violate these regulations, including potential fines and the requirement to cease construction or operation of facilities if they fail to comply with notice requirements. It emphasizes the importance of transparency and accountability in the construction process, mandating that suppliers provide reasons for terminating projects and allowing for public hearings to discuss such terminations. The original sections of the law being amended are repealed, streamlining the regulatory framework for electric energy storage and generation in Nebraska.

Statutes affected:
Introduced: 70-1001.01, 70-1012, 70-1012.01, 70-1015