The proposed West Virginia Energy Freedom Act aims to simplify the regulatory framework for electric generation facilities by introducing a new section, 24-2-23, which eliminates the requirement for a certificate of public convenience and necessity for non-utility projects. Instead, a streamlined registration process will be implemented, promoting economic development and attracting investment in the state's natural resources while ensuring public health, safety, and environmental protection. Key provisions include the requirement for power generation companies to register with the Public Service Commission before construction, providing detailed information about their facilities, and repealing the existing requirement for siting certificates for certain electric generating facilities.
The bill also establishes a structured registration process, mandating that applicants address any deficiencies within 20 business days to avoid rejection. Upon approval, a registration number will be necessary for obtaining local permits and environmental approvals. Additionally, the bill sets a maximum registration fee of $1,000 and imposes civil penalties for non-compliance. It emphasizes adherence to environmental and local permitting requirements, tasks the Department of Environmental Protection with expediting permit reviews, and outlines interconnection standards for facilities. Furthermore, it introduces incentives for dispatchable generation, such as low-interest loans or grants for new natural gas or coal-fired facilities that significantly benefit the local economy.
Statutes affected: Introduced Version: 24-2-11, 24-2-23, 24-21-11c