1 | 1 | | First Regular Session |
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2 | 2 | | Seventy-fifth General Assembly |
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3 | 3 | | STATE OF COLORADO |
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4 | 4 | | INTRODUCED |
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5 | 5 | | |
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6 | 6 | | |
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7 | 7 | | LLS NO. 25-0591.01 Clare Haffner x6137 |
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8 | 8 | | SENATE BILL 25-127 |
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9 | 9 | | Senate Committees House Committees |
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10 | 10 | | Transportation & Energy |
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11 | 11 | | A BILL FOR AN ACT |
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12 | 12 | | C |
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13 | 13 | | ONCERNING MEASURES TO OPTIMIZE COLORADO'S ELECTRIC101 |
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14 | 14 | | TRANSMISSION SYSTEM .102 |
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15 | 15 | | Bill Summary |
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16 | 16 | | (Note: This summary applies to this bill as introduced and does |
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17 | 17 | | not reflect any amendments that may be subsequently adopted. If this bill |
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18 | 18 | | passes third reading in the house of introduction, a bill summary that |
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19 | 19 | | applies to the reengrossed version of this bill will be available at |
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20 | 20 | | http://leg.colorado.gov |
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21 | 21 | | .) |
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22 | 22 | | Current law requires the Colorado electric transmission authority |
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23 | 23 | | (authority) to conduct a study on the need for expanded transmission |
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24 | 24 | | capacity in the state and prepare a final report of the study on or before |
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25 | 25 | | January 31, 2025. Section 2 of the bill authorizes the authority to conduct |
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26 | 26 | | the study on a recurring basis and requires the authority to present a |
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27 | 27 | | statewide transmission plan, based on the results of the study, to the |
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28 | 28 | | SENATE SPONSORSHIP |
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29 | 29 | | Simpson and Roberts, |
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30 | 30 | | HOUSE SPONSORSHIP |
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31 | 31 | | (None), |
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32 | 32 | | Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment. |
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33 | 33 | | Capital letters or bold & italic numbers indicate new material to be added to existing law. |
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34 | 34 | | Dashes through the words or numbers indicate deletions from existing law. Colorado public utilities commission (commission) and the legislature |
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35 | 35 | | every 3 years, beginning on or before September 1, 2027. |
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36 | 36 | | Section 2 requires the authority to consider advanced transmission |
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37 | 37 | | technologies in the study and identify certain projects that use advanced |
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38 | 38 | | transmission technologies. "Advanced transmission technologies" is |
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39 | 39 | | defined in section 1 as hardware or software technologies that increase |
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40 | 40 | | the capacity, efficiency, reliability, or resiliency of an existing or new |
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41 | 41 | | transmission facility. |
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42 | 42 | | Section 3 designates the authority as a statewide transmission |
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43 | 43 | | coordinator. Among other duties, the authority is required to facilitate |
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44 | 44 | | coordinated statewide planning; engage with regional and interregional |
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45 | 45 | | planning processes; and establish an expert advisory panel to review and |
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46 | 46 | | provide feedback on model inputs, assumptions, and approaches. |
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47 | 47 | | Under current law, an electric utility must submit an electric |
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48 | 48 | | resource plan to the commission for approval. Sections 4 and 5 require |
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49 | 49 | | an electric utility to: |
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50 | 50 | | ! Include in the electric resource plan a transmission plan |
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51 | 51 | | that identifies certain transmission resources and projects; |
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52 | 52 | | ! Incorporate in the electric resource plan an evaluation of |
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53 | 53 | | advanced transmission technologies or submit to the |
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54 | 54 | | commission an explanation of why advanced transmission |
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55 | 55 | | technologies are not included in the electric resource plan; |
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56 | 56 | | and |
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57 | 57 | | ! Provide model inputs and assumptions and other system |
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58 | 58 | | information or methodology consultation necessary to |
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59 | 59 | | support the authority in acting as a statewide transmission |
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60 | 60 | | coordinator. |
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61 | 61 | | Section 4 allows the commission to design incentives for a retail |
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62 | 62 | | electric utility that utilizes advanced transmission technologies. |
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63 | 63 | | Section 6 requires an electric utility to consider advanced |
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64 | 64 | | transmission technologies in the electric utility's 10-year transmission |
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65 | 65 | | plan. |
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66 | 66 | | Be it enacted by the General Assembly of the State of Colorado:1 |
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67 | 67 | | SECTION 1. Short title. The short title of this act is the2 |
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68 | 68 | | "Colorado Grid Optimization Act".3 |
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69 | 69 | | SECTION 2. In Colorado Revised Statutes, 40-42-102, add (1.3),4 |
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70 | 70 | | (1.5), and (12.5) as follows:5 |
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71 | 71 | | 40-42-102. Definitions. As used in this article 42, unless the6 |
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72 | 72 | | context otherwise requires:7 |
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73 | 73 | | SB25-127-2- (1.3) "ADVANCED CONDUCTOR " MEANS A CONDUCTOR THAT HAS1 |
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74 | 74 | | A DIRECT CURRENT ELECTRICAL RESISTANCE THAT IS AT LEAST TEN2 |
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75 | 75 | | PERCENT LOWER THAN EXISTING CONDUCTORS OF A SIMILAR DIAMETER ON3 |
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76 | 76 | | THE ELECTRIC TRANSMISSION SYSTEM .4 |
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77 | 77 | | (1.5) "A |
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78 | 78 | | DVANCED TRANSMISSION TECHNOLOGIES " MEANS5 |
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79 | 79 | | HARDWARE OR SOFTWARE TECHNOLOGIES THAT INCREASE THE CAPACITY ,6 |
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80 | 80 | | EFFICIENCY, RELIABILITY, OR RESILIENCY OF AN EXISTING OR NEW7 |
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81 | 81 | | TRANSMISSION FACILITY, INCLUDING:8 |
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82 | 82 | | (a) A |
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83 | 83 | | DVANCED CONDUCTORS ;9 |
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84 | 84 | | (b) G |
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85 | 85 | | RID-ENHANCING TECHNOLOGIES ; AND10 |
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86 | 86 | | (c) O |
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87 | 87 | | THER TECHNOLOGY AS DETERMINED BY THE COMMISSION .11 |
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88 | 88 | | (12.5) "G |
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89 | 89 | | RID-ENHANCING TECHNOLOGY " MEANS A HARDWARE OR12 |
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90 | 90 | | A SOFTWARE TECHNOLOGY THAT REDUCES CONGESTION OR ENHANCES THE13 |
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91 | 91 | | FLEXIBILITY OF ELECTRIC TRANSMISSION AND DISTRIBUTION SYSTEMS BY14 |
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92 | 92 | | INCREASING THE CAPACITY OF A TRANSMISSION OR DISTRIBUTION LINE OR15 |
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93 | 93 | | REROUTING ELECTRICITY FROM OVERLOADED LINES TO UNCONGESTED16 |
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94 | 94 | | LINES, WHILE MAINTAINING INDUSTRY SAFETY STANDARDS . THIS17 |
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95 | 95 | | INCLUDES:18 |
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96 | 96 | | (a) D |
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97 | 97 | | YNAMIC LINE RATINGS;19 |
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98 | 98 | | (b) A |
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99 | 99 | | DVANCED POWER FLOW CONTROLLERS ;20 |
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100 | 100 | | (c) T |
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101 | 101 | | OPOLOGY OPTIMIZATION; AND21 |
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102 | 102 | | (d) O |
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103 | 103 | | THER TECHNOLOGIES THAT INCREASE GRID RELIABILITY ,22 |
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104 | 104 | | FLEXIBILITY, AND CAPACITY.23 |
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105 | 105 | | SECTION 3. In Colorado Revised Statutes, 40-42-109, amend24 |
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106 | 106 | | (2); repeal (3); and add (1.5) as follows:25 |
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107 | 107 | | 40-42-109. Study on expanding transmission capacity -26 |
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108 | 108 | | reporting. (1.5) B |
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109 | 109 | | EGINNING ON OR AFTER SEPTEMBER 1, 2025, AS PART27 |
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110 | 110 | | SB25-127 |
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111 | 111 | | -3- OF A STUDY CONDUCTED PURSUANT TO SUBSECTION (1) OF THIS SECTION,1 |
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112 | 112 | | THE AUTHORITY SHALL:2 |
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113 | 113 | | (a) C |
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114 | 114 | | ONDUCT AN ANALYSIS OF HOW ADVANCED TRANSMISSION3 |
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115 | 115 | | TECHNOLOGIES CAN SUPPORT THE NEEDS OF THE ELECTRIC TRANSMISSION4 |
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116 | 116 | | SYSTEM, INCLUDING BY OPTIMIZING THE DELIVERABILITY OF ELECTRICITY5 |
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117 | 117 | | IN THE STATE, IMPROVING TRANSMISSION SYSTEM RELIABILITY AND6 |
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118 | 118 | | RESILIENCY, REDUCING TIME AND COST TO DEPLOY, AND ENHANCING THE7 |
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119 | 119 | | CAPACITY AND SAFETY OF EXISTING INFRASTRUCTURE ;8 |
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120 | 120 | | (b) I |
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121 | 121 | | DENTIFY PROJECTS THAT CAN ACHIEVE THE FOLLOWING9 |
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122 | 122 | | THROUGH THE USE OF ADVANCED TRANSMISSION TECHNOLOGIES :10 |
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123 | 123 | | (I) A |
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124 | 124 | | N INCREASE IN TRANSMISSION SYSTEM CAPACITY, EFFICIENCY,11 |
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125 | 125 | | RELIABILITY, OR RESILIENCY;12 |
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126 | 126 | | (II) A |
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127 | 127 | | REDUCTION OF TRANSMISSION SYSTEM CONGESTION ;13 |
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128 | 128 | | (III) A |
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129 | 129 | | REDUCTION OF CURTAILMENT OF RENEWABLE AND14 |
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130 | 130 | | ZERO-CARBON RESOURCES;15 |
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131 | 131 | | (IV) A |
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132 | 132 | | REDUCTION OF THE RISK OF IGNITING WILDFIRES; OR16 |
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133 | 133 | | (V) A |
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134 | 134 | | N INCREASE IN CAPACITY TO CONNECT NEW RENEWABLE17 |
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135 | 135 | | ENERGY AND ZERO-CARBON RESOURCES; AND18 |
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136 | 136 | | (c) D |
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137 | 137 | | EVELOP MODELING METHODOLOGIES CAPABLE OF19 |
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138 | 138 | | COMPREHENSIVELY EVALUATING THE BENEFITS OF ADVANCED20 |
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139 | 139 | | TRANSMISSION TECHNOLOGIES . THE AUTHORITY MAY CONTRACT WITH AN21 |
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140 | 140 | | INDEPENDENT CONSULTING FIRM AS NECESSARY TO CONDUCT THE22 |
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141 | 141 | | MODELING WORK.23 |
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142 | 142 | | (2) The authority shall, prepare: |
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143 | 143 | | 24 |
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144 | 144 | | (a) An initial report of the study, including any recommendations,25 |
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145 | 145 | | and present the initial report to the commission on or before September26 |
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146 | 146 | | 1, 2024; and27 |
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147 | 147 | | SB25-127 |
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148 | 148 | | -4- (b) A final report of the study, including any recommendations1 |
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149 | 149 | | EVERY THREE YEARS, BEGINNING ON OR BEFORE SEPTEMBER 1, 2027,2 |
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150 | 150 | | PREPARE A STATEWIDE TRANSMISSION PLAN BASED ON THE RESULTS OF3 |
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151 | 151 | | THE MOST RECENT STUDY CONDUCTED PURSUANT TO SUBSECTION (1) OF4 |
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152 | 152 | | THIS SECTION and present the final report STATEWIDE TRANSMISSION PLAN5 |
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153 | 153 | | to the |
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154 | 154 | | COMMISSION AND THE joint committee of the house of6 |
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155 | 155 | | representatives energy and environment committee and the senate7 |
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156 | 156 | | transportation and energy committee, or their successor committees. on |
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157 | 157 | | 8 |
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158 | 158 | | or before January 31, 2025.9 |
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159 | 159 | | (3) This section is repealed, effective September 1, 2025.10 |
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160 | 160 | | SECTION 4. In Colorado Revised Statutes, 40-42-104, add (1.5)11 |
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161 | 161 | | as follows:12 |
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162 | 162 | | 40-42-104. General and specific powers and duties of the13 |
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163 | 163 | | authority. (1.5) T |
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164 | 164 | | HE AUTHORITY SHALL ACT AS A STATEWIDE14 |
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165 | 165 | | TRANSMISSION COORDINATOR BY :15 |
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166 | 166 | | (a) C |
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167 | 167 | | OORDINATING THE AUTHORITY 'S STATEWIDE TRANSMISSION16 |
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168 | 168 | | PLANS, COMPLETED PURSUANT TO SECTION 40-42-109 (2), WITH ELECTRIC17 |
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169 | 169 | | UTILITY TRANSMISSION PLANS , PREPARED PURSUANT TO SECTIONS18 |
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170 | 170 | | 40-2-125.5 (5.5)(a) |
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171 | 171 | | AND 40-2-134 AND IN ACCORDANCE WITH COMMISSION19 |
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172 | 172 | | RULES, INCLUDING BY PROVIDING REPORTS TO ELECTRIC UTILITIES OR THE20 |
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173 | 173 | | COMMISSION REGARDING THE ALIGNMENT OF ELECTRIC UTILITY21 |
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174 | 174 | | TRANSMISSION PLANS WITH THE AUTHORITY 'S STATEWIDE TRANSMISSION22 |
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175 | 175 | | PLANS;23 |
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176 | 176 | | (b) M |
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177 | 177 | | AINTAINING A SINGLE-SYSTEM STATEWIDE MODEL OF24 |
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178 | 178 | | TRANSMISSION, INCLUDING BY:25 |
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179 | 179 | | (I) C |
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180 | 180 | | OORDINATING MODELING INPUTS , ASSUMPTIONS, AND26 |
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181 | 181 | | METHODOLOGIES WITH ELECTRIC UTILITIES , SUBJECT TO CONDITIONS SET27 |
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182 | 182 | | SB25-127 |
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183 | 183 | | -5- BY THE COMMISSION; AND1 |
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184 | 184 | | (II) M |
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185 | 185 | | AKING MODEL PARAMETERS AND SOFTWARE AVAILABLE TO2 |
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186 | 186 | | STAKEHOLDERS TO THE EXTENT FEASIBLE , SUBJECT TO COST, PRIVACY,3 |
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187 | 187 | | AND SECURITY CONSTRAINTS;4 |
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188 | 188 | | (c) R |
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189 | 189 | | EQUIRING ELECTRIC UTILITIES TO CONSULT OR ENGAGE THE5 |
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190 | 190 | | AUTHORITY IN REGIONAL AND INTERREGIONAL PLANNING PROCESSES ;6 |
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191 | 191 | | (d) C |
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192 | 192 | | ONVENING AND STAFFING AN EXPERT ADVISORY PANEL ,7 |
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193 | 193 | | SUBJECT TO APPROPRIATE CONFIDENTIAL INFORMATION PROTECTION ,8 |
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194 | 194 | | WHICH PANEL SHALL REVIEW AND PROVIDE FEEDBACK ON MODEL INPUTS9 |
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195 | 195 | | AND ASSUMPTIONS AND THE MODELING APPROACH ; AND10 |
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196 | 196 | | (e) E |
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197 | 197 | | NSURING ADEQUATE STAKEHOLDER ENGAGEMENT ON THE11 |
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198 | 198 | | STATEWIDE TRANSMISSION PLANS COMPLETED PURSUANT TO SECTION12 |
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199 | 199 | | 40-42-109 |
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200 | 200 | | (2).13 |
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201 | 201 | | SECTION 5. In Colorado Revised Statutes, 40-2-125.5, add (5.5)14 |
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202 | 202 | | and (5.7) as follows:15 |
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203 | 203 | | 40-2-125.5. Carbon dioxide emission reductions - goal to16 |
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204 | 204 | | eliminate by 2050 - legislative declaration - interim targets -17 |
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205 | 205 | | submission and approval of plans - definitions - cost recovery -18 |
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206 | 206 | | reports - rules. (5.5) Transmission plans and consideration of19 |
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207 | 207 | | advanced transmission technologies. (a) A |
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208 | 208 | | N ELECTRIC RESOURCE PLAN20 |
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209 | 209 | | THAT A QUALIFYING RETAIL UTILITY FILES WITH THE COMMISSION ON OR21 |
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210 | 210 | | AFTER SEPTEMBER 1, 2025, MUST INCLUDE A TRANSMISSION PLAN THAT22 |
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211 | 211 | | ALIGNS WITH THE QUALIFYING RETAIL UTILITY'S TEN-YEAR TRANSMISSION23 |
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212 | 212 | | PLAN CREATED PURSUANT TO SECTION 40-2-126 (6) AND THAT, ON OR24 |
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213 | 213 | | AFTER SEPTEMBER 1, 2027, ALIGNS WITH THE COLORADO ELECTRIC25 |
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214 | 214 | | TRANSMISSION AUTHORITY 'S STATEWIDE TRANSMISSION PLAN CREATED26 |
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215 | 215 | | PURSUANT TO SECTION 40-42-109 (2). THE QUALIFYING RETAIL UTILITY'S27 |
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216 | 216 | | SB25-127 |
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217 | 217 | | -6- TRANSMISSION PLAN MUST IDENTIFY :1 |
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218 | 218 | | (I) T |
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219 | 219 | | RANSMISSION RESOURCES THAT INTERCONNECT AND2 |
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220 | 220 | | TRANSMIT THE GENERATION RESOURCE MIX IDENTIFIED IN THE3 |
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221 | 221 | | QUALIFYING RETAIL UTILITY'S RESOURCE ACQUISITION PERIOD CONTAINED4 |
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222 | 222 | | IN THE ELECTRIC RESOURCE PLAN;5 |
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223 | 223 | | (II) C |
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224 | 224 | | ONCEPTUAL TRANSMISSION RESOURCES THAT MAY BE6 |
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225 | 225 | | NEEDED TO INTERCONNECT AND TRANSMIT THE GENERATION RESOURCE7 |
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226 | 226 | | MIX IDENTIFIED IN THE UTILITY'S CLEAN ENERGY PLAN TO MEET THE 20458 |
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227 | 227 | | AND 2050 DECARBONIZATION GOALS;9 |
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228 | 228 | | (III) T |
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229 | 229 | | RANSMISSION PROJECTS THAT WOULD INCREASE10 |
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230 | 230 | | INTERCONNECTION CAPACITY WITH NEIGHBORING ELECTRICAL SYSTEMS11 |
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231 | 231 | | AND SUPPORT REGIONAL MARKET ACTIVITY , PURSUANT TO SECTION12 |
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232 | 232 | | 40-5-108 |
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233 | 233 | | AND IN COORDINATION WITH ACTIVITIES UNDERTAKEN BY THE13 |
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234 | 234 | | C |
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235 | 235 | | OLORADO ELECTRIC TRANSMISSION AUTHORITY CREATED IN SECTION14 |
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236 | 236 | | 40-42-103 |
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237 | 237 | | (1) AND REGIONAL PLANNING GROUPS ;15 |
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238 | 238 | | (IV) S |
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239 | 239 | | TRATEGIES TO OPTIMIZE THE USE OF THE EXISTING16 |
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240 | 240 | | TRANSMISSION SYSTEM, INCLUDING THROUGH THE USE OF ADVANCED17 |
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241 | 241 | | TRANSMISSION TECHNOLOGIES ; AND18 |
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242 | 242 | | (V) S |
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243 | 243 | | TRATEGIES TO MAXIMIZE THE FOLLOWING TRANSMISSION19 |
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244 | 244 | | BENEFITS:20 |
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245 | 245 | | (A) A |
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246 | 246 | | VOIDED OR DEFERRED RELIABILITY TRANSMISSION FACILITIES21 |
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247 | 247 | | AND AGING INFRASTRUCTURE REPLACEMENT ;22 |
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248 | 248 | | (B) R |
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249 | 249 | | EDUCED LOSS OF LOAD PROBABILITY OR REDUCED PLANNING23 |
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250 | 250 | | RESERVE MARGIN;24 |
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251 | 251 | | (C) P |
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252 | 252 | | RODUCTION COST SAVINGS;25 |
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253 | 253 | | (D) R |
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254 | 254 | | EDUCED TRANSMISSION ENERGY LOSSES ;26 |
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255 | 255 | | (E) R |
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256 | 256 | | EDUCED CONGESTION DUE TO TRANSMISSION OUTAGES ;27 |
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257 | 257 | | SB25-127 |
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258 | 258 | | -7- (F) MITIGATION OF EXTREME WEATHER EVENTS AND UNEXPECTED1 |
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259 | 259 | | SYSTEM CONDITIONS; AND2 |
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260 | 260 | | (G) C |
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261 | 261 | | APACITY COST BENEFITS FROM REDUCED PEAK ENERGY3 |
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262 | 262 | | LOSSES.4 |
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263 | 263 | | (b) (I) O |
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264 | 264 | | N OR AFTER SEPTEMBER 1, 2025, A QUALIFYING RETAIL5 |
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265 | 265 | | UTILITY SHALL INCORPORATE AN EVALUATION OF ADVANCED6 |
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266 | 266 | | TRANSMISSION TECHNOLOGIES IN THE QUALIFYING RETAIL UTILITY 'S7 |
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267 | 267 | | ELECTRIC RESOURCE PLAN. THE EVALUATION MUST INCLUDE :8 |
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268 | 268 | | (A) A |
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269 | 269 | | TECHNICAL FEASIBILITY ASSESSMENT;9 |
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270 | 270 | | (B) A |
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271 | 271 | | COST-EFFECTIVENESS ANALYSIS;10 |
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272 | 272 | | (C) A |
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273 | 273 | | BASE MODELING SCENARIO AND A MODELING SCENARIO11 |
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274 | 274 | | THAT INCORPORATES ADVANCED TRANSMISSION TECHNOLOGIES THAT MAY12 |
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275 | 275 | | INCREASE SYSTEM CAPACITY, INCREASE CAPACITY TO CONNECT TO NEW13 |
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276 | 276 | | RENEWABLE ENERGY AND ZERO -CARBON RESOURCES, AND LOWER COSTS;14 |
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277 | 277 | | AND15 |
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278 | 278 | | (D) A |
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279 | 279 | | N INVENTORY OF THE UTILITY'S EXISTING AND PLANNED16 |
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280 | 280 | | ADVANCED TRANSMISSION TECHNOLOGIES .17 |
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281 | 281 | | (II) I |
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282 | 282 | | F A QUALIFYING RETAIL UTILITY DOES NOT INCORPORATE AN18 |
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283 | 283 | | EVALUATION OF ADVANCED TRANSMISSION TECHNOLOGIES IN THE19 |
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284 | 284 | | ELECTRIC RESOURCE PLAN , THE QUALIFYING RETAIL UTILITY SHALL20 |
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285 | 285 | | SUBMIT A DETAILED EXPLANATION OF WHY AN EVALUATION WAS NOT21 |
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286 | 286 | | INCORPORATED, WHICH EXPLANATION MUST INCLUDE RELEVANT22 |
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287 | 287 | | ANALYSES DEMONSTRATING WHY ADVANCED TRANSMISSION23 |
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288 | 288 | | TECHNOLOGIES WERE NOT FOUND TO OFFER A MORE COST -EFFECTIVE24 |
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289 | 289 | | STRATEGY, WHETHER IN COMBINATION WITH OR INSTEAD OF OTHER25 |
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290 | 290 | | CAPITAL INVESTMENTS, TO ACHIEVE THE GOALS LISTED IN SECTION26 |
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291 | 291 | | 40-42-109 (1.5)(b).27 |
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292 | 292 | | SB25-127 |
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293 | 293 | | -8- (c) A QUALIFYING RETAIL UTILITY SHALL PROVIDE MODEL INPUTS1 |
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294 | 294 | | AND ASSUMPTIONS, INCLUDING LOADS AND RESOURCES FROM APPROVED2 |
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295 | 295 | | ELECTRIC RESOURCE PLANS, TRANSMISSION CONTRACT COMMITMENTS ,3 |
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296 | 296 | | AND OTHER OPERATI ONAL CONSTRAINTS AND OTHER SYSTEM4 |
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297 | 297 | | INFORMATION OR METHODOLOGY CONSULTATION NECESSARY TO SUPPORT5 |
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298 | 298 | | THE COLORADO ELECTRIC TRANSMISSION AUTHORITY IN CONSTRUCTING6 |
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299 | 299 | | AND MAINTAINING A SINGLE -SYSTEM STATEWIDE MODEL OF7 |
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300 | 300 | | TRANSMISSION.8 |
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301 | 301 | | (d) A |
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302 | 302 | | S USED IN THIS SUBSECTION (5.5) AND SUBSECTION (5.7) OF9 |
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303 | 303 | | THIS SECTION, "ADVANCED TRANSMISSION TECHNOLOGIES " HAS THE10 |
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304 | 304 | | MEANING SET FORTH IN SECTION 40-42-102 (1.5).11 |
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305 | 305 | | (5.7) Performance-based incentives for advanced transmission12 |
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306 | 306 | | technologies. (a) T |
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307 | 307 | | HE COMMISSION MAY INVESTIGATE NEW INCENTIVES13 |
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308 | 308 | | FOR THE UTILIZATION OF ADVANCED TRANSMISSION TECHNOLOGIES THAT14 |
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309 | 309 | | DEMONSTRATE AN ABILITY TO:15 |
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310 | 310 | | (I) P |
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311 | 311 | | ROVIDE ELECTRIC TRANSMISSION SYSTEM CONGESTION RELIEF ;16 |
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312 | 312 | | (II) I |
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313 | 313 | | NTERCONNECT NEW LOAD OR GENERATION THAT THE17 |
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314 | 314 | | QUALIFYING RETAIL UTILITY IS OTHERWISE UNABLE TO INTEGRATE ONTO18 |
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315 | 315 | | THE GRID IN A TIMELY AND PRACTICABLE MANNER THROUGH EXISTING19 |
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316 | 316 | | TRANSMISSION OR DISTRIBUTION INVESTMENTS ;20 |
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317 | 317 | | (III) R |
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318 | 318 | | EDUCE WILDFIRE RISK AND ENHANCE RESILIENCY TO21 |
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319 | 319 | | WILDFIRE IMPACTS AND OTHER EXTREME CONDITIONS , HAZARDS, OR RISKS;22 |
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320 | 320 | | OR23 |
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321 | 321 | | (IV) A |
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322 | 322 | | VOID, REDUCE, OR DEFER THE ACTIVATION OF PUBLIC24 |
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323 | 323 | | SAFETY POWER SHUT OFFS OR DE-ENERGIZATION EVENTS.25 |
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324 | 324 | | (b) I |
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325 | 325 | | N DESIGNING INCENTIVES FOR THE UTILIZATION OF ADVANCED26 |
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326 | 326 | | TRANSMISSION TECHNOLOGIES THAT DEMONSTRATE THE BENEFITS27 |
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327 | 327 | | SB25-127 |
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328 | 328 | | -9- OUTLINED IN SUBSECTION (5.7)(a) OF THIS SECTION, THE COMMISSION1 |
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329 | 329 | | SHALL CONSIDER:2 |
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330 | 330 | | (I) S |
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331 | 331 | | HARED SAVINGS APPROACHES ;3 |
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332 | 332 | | (II) P |
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333 | 333 | | ERFORMANCE INCENTIVE MECHANISMS ; AND4 |
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334 | 334 | | (III) A |
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335 | 335 | | PPROPRIATE CONSUMER PROTECTIONS TO ENSURE ANY5 |
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336 | 336 | | ADDITIONAL REVENUE OR COST RECOVERY AUTHORIZED AS A RESULT OF6 |
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337 | 337 | | THE INCENTIVE IS PRUDENT.7 |
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338 | 338 | | SECTION 6. In Colorado Revised Statutes, 40-2-134, amend (2);8 |
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339 | 339 | | and add (3) and (4) as follows:9 |
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340 | 340 | | 40-2-134. Wholesale electric cooperatives - electric resource10 |
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341 | 341 | | planning - definitions - rules. (2) As used in this section, "wholesale |
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342 | 342 | | 11 |
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343 | 343 | | electric cooperative" means any generation and transmission cooperative12 |
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344 | 344 | | electric association that provides wholesale electric service directly to13 |
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345 | 345 | | cooperative electric associations. ON OR AFTER SEPTEMBER 1, 2025, AN14 |
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346 | 346 | | INTEGRATED OR ELECTRIC RESOURCE PLAN THAT A WHOLESALE ELECTRIC15 |
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347 | 347 | | COOPERATIVE SUBMITS TO THE COMMISSION MUST INCLUDE :16 |
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348 | 348 | | (a) A |
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349 | 349 | | TRANSMISSION PLAN THAT ALIGNS WITH THE WHOLESALE17 |
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350 | 350 | | ELECTRIC COOPERATIVE'S TEN-YEAR TRANSMISSION PLAN CREATED18 |
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351 | 351 | | PURSUANT TO SECTION 40-2-126 (6) AND THE COLORADO ELECTRIC19 |
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352 | 352 | | TRANSMISSION AUTHORITY 'S STATEWIDE TRANSMISSION PLAN ,20 |
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353 | 353 | | IDENTIFYING:21 |
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354 | 354 | | (I) T |
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355 | 355 | | RANSMISSION RESOURCES THAT INTERCONNECT AND22 |
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356 | 356 | | TRANSMIT THE GENERATION RESOURCE MIX IDENTIFIED IN THE RESOURCE23 |
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357 | 357 | | ACQUISITION PERIOD CONTAINED, PURSUANT TO COMMISSION RULES , IN24 |
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358 | 358 | | THE WHOLESALE ELECTRIC COOPERATIVE 'S ELECTRIC RESOURCE PLAN;25 |
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359 | 359 | | (II) C |
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360 | 360 | | ONCEPTUAL TRANSMISSION RESOURCES THAT MAY BE26 |
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361 | 361 | | NEEDED TO INTERCONNECT AND TRANSMIT THE GENERATION RESOURCE27 |
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362 | 362 | | SB25-127 |
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363 | 363 | | -10- MIX THAT MAY BE REQUIRED TO MEET 2045 AND 2050 DECARBONIZATION1 |
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364 | 364 | | GOALS;2 |
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365 | 365 | | (III) T |
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366 | 366 | | RANSMISSION PROJECTS THAT WOULD INCREASE3 |
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367 | 367 | | INTERCONNECTION CAPACITY WITH NEIGHBORING ELECTRICAL SYSTEMS4 |
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368 | 368 | | AND SUPPORT REGIONAL MARKET ACTIVITY , PURSUANT TO SECTION5 |
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369 | 369 | | 40-5-108 |
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370 | 370 | | AND IN COORDINATION WITH ACTIVITIES UNDERTAKEN BY THE6 |
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371 | 371 | | C |
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372 | 372 | | OLORADO ELECTRIC TRANSMISSION AUTHORITY CREATED IN SECTION7 |
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373 | 373 | | 40-42-103 |
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374 | 374 | | (1) AND REGIONAL PLANNING GROUPS ;8 |
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375 | 375 | | (IV) S |
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376 | 376 | | TRATEGIES TO OPTIMIZE THE USE OF THE EXISTING9 |
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377 | 377 | | TRANSMISSION SYSTEM, INCLUDING THROUGH THE USE OF ADVANCED10 |
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378 | 378 | | TRANSMISSION TECHNOLOGIES ; AND11 |
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379 | 379 | | (V) S |
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380 | 380 | | TRATEGIES TO MAXIMIZE THE FOLLOWING TRANSMISSION12 |
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381 | 381 | | BENEFITS:13 |
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382 | 382 | | (A) A |
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383 | 383 | | VOIDED OR DEFERRED RELIABILITY TRANSMISSION FACILITIES14 |
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384 | 384 | | AND AGING INFRASTRUCTURE REPLACEMENT ;15 |
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385 | 385 | | (B) R |
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386 | 386 | | EDUCED LOSS OF LOAD PROBABILITY OR REDUCED PLANNING16 |
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387 | 387 | | RESERVE MARGIN;17 |
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388 | 388 | | (C) P |
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389 | 389 | | RODUCTION COST SAVINGS;18 |
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390 | 390 | | (D) R |
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391 | 391 | | EDUCED TRANSMISSION ENERGY LOSSES ;19 |
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392 | 392 | | (E) R |
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393 | 393 | | EDUCED CONGESTION DUE TO TRANSMISSION OUTAGES ;20 |
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394 | 394 | | (F) M |
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395 | 395 | | ITIGATION OF EXTREME WEATHER EVENTS AND UNEXPECTED21 |
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396 | 396 | | SYSTEM CONDITIONS; AND22 |
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397 | 397 | | (G) C |
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398 | 398 | | APACITY COST BENEFITS FROM REDUCED PEAK ENERGY23 |
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399 | 399 | | LOSSES; AND24 |
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400 | 400 | | (b) (I) A |
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401 | 401 | | N EVALUATION OF ADVANCED TRANSMISSION25 |
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402 | 402 | | TECHNOLOGIES, INCLUDING:26 |
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403 | 403 | | (A) A |
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404 | 404 | | TECHNICAL FEASIBILITY ASSESSMENT;27 |
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405 | 405 | | SB25-127 |
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406 | 406 | | -11- (B) A COST-EFFECTIVENESS ANALYSIS;1 |
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407 | 407 | | (C) A |
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408 | 408 | | BASE MODELING SCENARIO AND A MODELING SCENARIO2 |
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409 | 409 | | THAT INCORPORATES ADVANCED TRANSMISSION TECHNOLOGIES THAT MAY3 |
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410 | 410 | | INCREASE SYSTEM CAPACITY, INCREASE CAPACITY TO CONNECT TO NEW4 |
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411 | 411 | | RENEWABLE ENERGY AND ZERO -CARBON RESOURCES, AND LOWER COSTS;5 |
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412 | 412 | | AND6 |
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413 | 413 | | (D) A |
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414 | 414 | | N INVENTORY OF THE UTILITY'S EXISTING AND PLANNED7 |
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415 | 415 | | ADVANCED TRANSMISSION TECHNOLOGIES .8 |
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416 | 416 | | (II) I |
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417 | 417 | | F A WHOLESALE ELECTRIC COOPERATIVE DOES NOT EVALUATE9 |
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418 | 418 | | ADVANCED TRANSMISSION TECHNOLOGIES IN THE INTEGRATED OR10 |
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419 | 419 | | ELECTRIC RESOURCE PLAN , THE WHOLESALE ELECTRIC COOPERATIVE11 |
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420 | 420 | | SHALL SUBMIT A DETAILED EXPLANATION OF WHY AN EVALUATION WAS12 |
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421 | 421 | | NOT INCORPORATED, WHICH EXPLANATION MUST INCLUDE RELEVANT13 |
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422 | 422 | | ANALYSES DEMONSTRATING WHY ADVANCED TRANSMISSION14 |
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423 | 423 | | TECHNOLOGIES WERE NOT FOUND TO OFFER A MORE COST -EFFECTIVE15 |
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424 | 424 | | STRATEGY, WHETHER IN COMBINATION WITH OR INSTEAD OF OTHER16 |
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425 | 425 | | CAPITAL INVESTMENTS, TO ACHIEVE THE GOALS LISTED IN SECTION17 |
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426 | 426 | | 40-42-109 (1.5)(b).18 |
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427 | 427 | | (3) A |
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428 | 428 | | WHOLESALE ELECTRIC COOPERATIVE SHALL PROVIDE MODEL19 |
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429 | 429 | | INPUTS AND ASSUMPTIONS , INCLUDING LOADS AND RESOURCES FROM20 |
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430 | 430 | | APPROVED ELECTRIC RESOURCE PLANS , TRANSMISSION CONTRACT21 |
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431 | 431 | | COMMITMENTS, AND OTHER OPERATIONAL CONSTRAINTS AND OTHER22 |
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432 | 432 | | SYSTEM INFORMATION OR METHODOLOGY CONSULTATION NECESSARY TO23 |
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433 | 433 | | SUPPORT THE COLORADO ELECTRIC TRANSMISSION AUTHORITY IN24 |
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434 | 434 | | CONSTRUCTING AND MAINTAINING A SINGLE -SYSTEM STATEWIDE MODEL25 |
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435 | 435 | | OF TRANSMISSION.26 |
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436 | 436 | | (4) A |
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437 | 437 | | S USED IN THIS SECTION:27 |
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438 | 438 | | SB25-127 |
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439 | 439 | | -12- (a) "ADVANCED TRANSMISSION TEC HNOLOGIES " HAS THE MEANING1 |
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440 | 440 | | SET FORTH IN SECTION 40-42-102 (1.5).2 |
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441 | 441 | | (b) "W |
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442 | 442 | | HOLESALE ELECTRIC COOPERATIVE " MEANS A GENERATION3 |
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443 | 443 | | AND TRANSMISSION COOPERATIVE ELECTRIC ASSOCIATION THAT PROVIDES4 |
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444 | 444 | | WHOLESALE ELECTRIC SERVICE DIRECTLY TO COOPERATIVE ELECTRIC5 |
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445 | 445 | | ASSOCIATIONS.6 |
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446 | 446 | | SECTION 7. In Colorado Revised Statutes, 40-2-126, amend (6)7 |
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447 | 447 | | as follows:8 |
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448 | 448 | | 40-2-126. Transmission facilities - biennial review - energy9 |
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449 | 449 | | resource zones - definitions - plans - approval - cost recovery -10 |
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450 | 450 | | powerline trail consideration. (6) The commission shall amend its rules11 |
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451 | 451 | | requiring the filing of ten-year transmission plans by utilities to also12 |
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452 | 452 | | require utilities to:13 |
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453 | 453 | | (a) Consider and address plans for the construction of new14 |
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454 | 454 | | powerline trails in coordination with applicable local governments in each15 |
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455 | 455 | | two-year update to a ten-year transmission plan; and |
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456 | 456 | | 16 |
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457 | 457 | | (b) Demonstrate compliance with section 33-45-103 (2);17 |
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458 | 458 | | (c) C |
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459 | 459 | | ONSIDER ADVANCED TRANSMISSION TECHNOLOGIES , AS18 |
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460 | 460 | | DEFINED IN SECTION 40-42-102 (1.5), IN EACH TEN-YEAR TRANSMISSION19 |
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461 | 461 | | PLAN;20 |
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462 | 462 | | (d) A |
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463 | 463 | | LIGN EACH TEN-YEAR TRANSMISSION PLAN WITH THE21 |
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464 | 464 | | UTILITY'S ELECTRIC RESOURCE PLAN AND CLEAN ENERGY PLAN AND THE22 |
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465 | 465 | | C |
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466 | 466 | | OLORADO ELECTRIC TRANSMISSION AUTHORITY 'S STATEWIDE23 |
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467 | 467 | | TRANSMISSION PLAN COMPLETED IN ACCORDANCE WITH SECTION24 |
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468 | 468 | | 40-42-109; |
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469 | 469 | | AND25 |
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470 | 470 | | (e) I |
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471 | 471 | | DENTIFY STRATEGIES TO REDUCE THE COSTS OF26 |
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472 | 472 | | CONSTRUCTION AND FINANCE FOR IDENTIFIED PROJECTS IN THE UTILITY 'S27 |
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473 | 473 | | SB25-127 |
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474 | 474 | | -13- TEN-YEAR TRANSMISSION PLANS , INCLUDING BY USING THE PUBLIC1 |
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475 | 475 | | FINANCING AUTHORITY OF THE COLORADO ELECTRIC TRANSMISSION2 |
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476 | 476 | | AUTHORITY.3 |
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477 | 477 | | SECTION 8. Act subject to petition - effective date. This act4 |
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478 | 478 | | takes effect at 12:01 a.m. on the day following the expiration of the5 |
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479 | 479 | | ninety-day period after final adjournment of the general assembly; except6 |
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480 | 480 | | that, if a referendum petition is filed pursuant to section 1 (3) of article V7 |
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481 | 481 | | of the state constitution against this act or an item, section, or part of this8 |
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482 | 482 | | act within such period, then the act, item, section, or part will not take9 |
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483 | 483 | | effect unless approved by the people at the general election to be held in10 |
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484 | 484 | | November 2026 and, in such case, will take effect on the date of the11 |
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485 | 485 | | official declaration of the vote thereon by the governor.12 |
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486 | 486 | | SB25-127 |
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487 | 487 | | -14- |
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