Electrical generating facilities; capacity factor, report.

Plain English Breakdown

The bill summary does not specify penalties or enforcement details, leaving these aspects open-ended.

Electricity Reports for Large Power Plants

This law requires owners of large power plants in Virginia with a nameplate capacity of at least one megawatt to submit annual reports on electricity production and capacity factor, which the State Corporation Commission compiles into an annual report.

What This Bill Does

• Requires owners of electrical generating facilities with a nameplate capacity of at least one megawatt to provide an annual report to the State Corporation Commission by January 30 each year.
• Defines 'capacity factor' as the ratio of actual electricity produced compared to maximum possible output based on nameplate capacity.
• Specifies that reports must include monthly data for the previous year's electricity production and capacity factor.
• Requires the State Corporation Commission to compile all reported information into an annual report by May 1.

Who It Names or Affects

• Owners of electrical generating facilities with a nameplate capacity of at least one megawatt in Virginia
• The State Corporation Commission

Terms To Know

capacity factor

The ratio of actual electricity produced to the maximum possible output based on nameplate capacity.

nameplate capacity

The highest rated electricity output as indicated by the manufacturer for a power plant.

Limits and Unknowns

• Does not specify penalties for non-compliance with reporting requirements.
• Details on how the Commission will enforce and regulate compliance are left to future regulations.

Official Summary Text

Electrical generating facilities; capacity factor; report.
Requires the owner of any electrical generating facility in the Commonwealth with a nameplate capacity of at least one megawatt to provide an annual report to the State Corporation Commission that includes for each month of the immediately preceding year (i) the amount of electricity produced by such facility and (ii) the capacity factor, as defined in the bill, for such facility. The bill requires the Commission to compile all information reported pursuant to the bill's provisions and to publish an annual report of such compiled information.

Current Bill Text

A BILL to amend the Code of Virginia by adding in Chapter 23 of Title 56 a section numbered
56-596.7
, relating to electrical generating facilities; capacity factor; report.

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding in Chapter 23 of Title 56 a section numbered
56-596.7
as follows:

§
56-596
.
7
. Capacity factor of
certain electrical generating
facilities
; report.

A. For the purposes of this section
:

"Capacity factor" means the ratio of electricity produced by a
n electrical
generating
facility
over a period of time compared to the maximum possible electricity produced by such
facility
over such period of time
according to the nameplate capacity.

"Nameplate capacity" means
the maximum rated electricity output of a
n

electrical
generating
facility
as indicated by the manufacturer.

B.
On or before January 30 of
each
year,
the owner of a
ny electrical generating
facility

in the Commonwealth with a nameplate capacity of at least one megawatt
shall
provide a
report
to the Commission
that
includ
es
for each month of the immediately preceding year

(i)
the
amount of
electricity produced by such facility and (ii) t
he
capacity factor for such facility.
Such report shall be completed on forms prepared and furnished by the Commission.

C.
The Commission shall
compile all information reported pursuant to subsection
B and shall publish an annual report of such information on or before May 1.

D.
The Commission shall adopt
regulations
as necessary to implement this section.