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Bill Detail: SB20-013

 

Title Promote Innovative And Clean Energy Technologies
Status Introduced In Senate - Assigned to State, Veterans, & Military Affairs (01/08/2020)
Bill Subjects
  • Business & Economic Development
  • Natural Resources & Environment
House Sponsors
Senate Sponsors R. Rodriguez (D)
House Committee
Senate Committee State, Veterans and Military Affairs
Date Introduced 01/08/2020
Description


The bill replaces the integrated gasification combined cycle
(IGCC) program, which was repealed in 2019, with a mechanism by
which an investor-owned public utility seeking to implement an
innovative energy technology project (project) may apply to the public
utilities commission (PUC) to acquire resources that demonstrate the use
of low- and zero-emission dispatchable resources and other innovative
energy technologies such as advanced renewable energy and storage.
In determining whether to grant approval to a public utility seeking
to implement a project, the PUC shall consider a number of factors
regarding the project, including its economic and technical feasibility, its
projected environmental and public safety impacts, and its carbon dioxide
emissions rates. The PUC is required to provide an opportunity for public
comment and an evidentiary hearing.
A public utility may fully recover, from its retail customers in the
state, the costs it incurs in researching, testing, planning, developing,
constructing, starting up, and operating the project. The public utility may
also recover capital investments made in connection with the project over
the useful life of the project. The department of public health and
environment, the governor's office of economic development, and the
Colorado energy office may assist public utilities in seeking and obtaining
support for a project from other federal and state agencies and
institutions.

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