The bill amends and reenacts several sections of the Code of West Virginia to establish the "Affordable Electricity and Economic Growth Act of 2025," which aims to enhance coke production and steelmaking within the state. The title of the previous "Coal Fired Grid Stabilization and Security Act of 2023" is changed to reflect this new focus. The bill emphasizes the importance of aligning state regulatory and economic policies with the opportunities presented by advancements in coal mining and production technologies, particularly in relation to the production of electricity and coke for steel manufacturing. It also highlights the need for government agencies to streamline regulations to promote innovation and competitiveness in the coal industry.

Additionally, the bill mandates the Department of Economic Development to identify suitable sites for coal electric generation and coke production projects, ensuring these sites meet specific criteria related to coal supply, transportation infrastructure, and air quality standards. The Department is required to submit reports outlining potential sites and progress on designations by specified deadlines, with penalties for noncompliance. The legislation aims to bolster West Virginia's economy by facilitating the development of the coal and steel industries, thereby providing economic benefits to local communities and the state as a whole.

Statutes affected:
Introduced Version: 5B-2O-1, 5B-2O-2, 5B-2O-3, 5B-2O-4, 5B-2O-5
Committee Substitute: 5B-2O-1, 5B-2O-2, 5B-2O-3, 5B-2O-4, 5B-2O-5