Low-carbon Energy Standards Amendments
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Bill Summary - 24LSO-0181 Bill No.: SF0042 Effective: Immediately LSO No.: 24LSO-0181 Enrolled Act No.: SEA No. 0069 Chapter No.: 75 Prime Sponsor: Joint Minerals, Business & Economic Development Interim Committee Catch Title: Low-carbon reliable energy standards-amendments. Has Report: Yes Subject: Amending requirements and deadlines for low-carbon generation standards. Summary/Major Elements: In 2020, the Legislature established low-carbon electricity generation standards that public utilities must begin to meet and, by 2030, must meet. These standards require a certain percentage of electricity that is generated to be low-carbon, reliable and dispatchable. The act amends the definition of "low-carbon" and the low-carbon requirements to apply to public utilities that serve more than ten thousand (10,000) Wyoming electric customers and specifies that the low-carbon standards must be met through dispatchable and reliable low-carbon electricity from an existing coal-fired generation unit or an equivalent new coal-fueled generation unit. The deadline for utilities to comply with the low-carbon standards is extended from 2030 to 2033. The act requires the Public Service Commission to promulgate rules that require each public utility to, beginning July 1, 2024, file an annual report with the Commission outlining the steps the utility is taking to determine the market for carbon dioxide from electricity generation and to achieve the low-carbon generation standard. The act also requires the Commission to, not later than December 15, 2024, establish baseline standards to ensure adequate, reliable and dispatchable power in Wyoming. Current law authorizes a public utility to collect a rate recovery for the costs incurred in complying with low-carbon standards up to two percent (2%) of a customer’s bill. This act prohibits rate recovery under this provision after the public utility has been authorized by the Commission to collect these costs through base rates or another recovery mechanism. The act clarifies that the annual report the Commission must submit to the Legislature is required to go to the Joint Minerals, Business, and Economic Development Interim Committee and the Joint Corporations, Elections, and Political Subdivisions Interim Committee. This act requires the Public Service Commission to promulgate rules to implement the act; the Commission must also amend deadlines for public utilities to submit final plans in light of the changes to deadlines in the act. The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.
Public statements
Last checked Aug 5, 6:53 AM
Why they voted this way
The speaker explains that they voted to approve the conference committee report because it reached a compromise by removing inappropriate direction for utility oversight and eliminating language regarding takings.
R · S16
Why they voted this way
The speaker explains that the bill contains simple changes to annual report wording requested by concerns from the other chamber, which were approved by all committee members.
Why they voted this way
The lawmaker opposes the amendment because it changes the bill's focus from helping the coal industry to allowing choices like hydroelectric or nuclear, which he argues are not feasible in Wyoming and would increase costs for ratepayers.
H19
Why they voted this way
The lawmaker opposes the amendment because it detracts from the bill's goal of continuing coal-fired generation and is bad for both the industry and the state.
D · H16
Why they voted this way
The lawmaker supports the amendment because it provides flexibility for different energy types, potentially lowering costs and supporting Wyoming communities without forcing payment for nuclear power.
Wyoming roll calls
9 roll calls
Official activity
Changes
10 stored
The amendment adds hydroelectric and nuclear power to the list of low-carbon energy sources that utilities can use to meet their standards.
The amendment changes the deadline for low-carbon energy generation standards from 2033 to 2038.
The amendment removes specific phrases and sections related to carbon dioxide customers, annual reporting requirements for low-carbon energy standards, and certain operational conditions of utilities.
The amendment adds a new rule that prevents a public utility from recovering additional rates after it starts using carbon capture, utilization, and storage (CCUS) technology.
The amendment removes a specific section of text and changes a punctuation mark in an existing bill.
The amendment adds requirements for public utilities to report on their efforts to determine the market demand for carbon or carbon dioxide from electricity generation and sets consequences if these efforts are found inadequate.
The amendment changes the wording in the original bill and adds new requirements related to ensuring reliable power supply in Wyoming.
The amendment changes the original bill by removing certain sections, adding requirements for refunding recovered rates to customers, and adjusting section numbering.
The amendment removes specific phrases and sections related to carbon dioxide from a bill about low-carbon energy generation standards.
This amendment modifies specific sections of the bill related to low-carbon energy generation standards by deleting certain words and lines.