This bill introduces a new chapter, Chapter 374-I, to the New Hampshire Revised Statutes, establishing energy security and clean energy standards. The primary aim is to promote energy security, affordability, and reliability by prioritizing domestic energy sources and minimizing reliance on foreign adversaries. Key definitions are provided, including "affordable," "dispatchable," "foreign adversary country," and "reliable," which set the framework for evaluating energy sources. The bill mandates that energy sources serving New Hampshire customers must be affordable, reliable, dispatchable, and include hydrocarbons, while also delivering cost savings compared to certain federal energy sources.

Additionally, the bill outlines criteria for reliable energy sources, emphasizing the need for dispatchability to meet customer demand and maintain grid stability. It specifies that reliable sources must include hydrocarbons and be capable of adjusting generation to stabilize the grid. The bill also defines "green energy" for state programs, which includes energy generated from specified sources and hydrocarbons that meet air quality standards. The act will take effect 60 days after its passage. Notably, the bill inserts new legal language regarding energy standards while deleting previous definitions and criteria that may not align with the new focus on domestic and dispatchable energy sources.