This bill amends the existing law regarding the grid modernization advisory group by adding new recommendations for consideration. Specifically, it introduces four new subparagraphs to RSA 12-P:16, II(a), which address critical issues related to electricity reliability in New Hampshire and New England. The new subparagraphs include: (5) the current and growing electricity reliability challenges, (6) the role of energy storage in addressing these challenges, (7) market-based solutions to promote the development of large-scale energy storage systems, and (8) the use of an indexing storage credit model to incentivize storage market development.
The bill does not delete any existing legal language but rather enhances the advisory group's focus on modernizing the grid by incorporating these additional considerations. The act is set to take effect upon its passage, which is approved for June 17, 2025.
Statutes affected: Introduced: 374-F:2
As Amended by the Senate: 374-F:2
As Amended by the House: 12-P:16
Version adopted by both bodies: 12-P:16
CHAPTERED FINAL VERSION: 12-P:16