Provides relative to geothermal energy resources. (8/15/10) (OR NO IMPACT GF RV See Note)
Impact
The economic implications of SB 717 could be substantial, especially in promoting the geothermal sector as a viable energy alternative in Louisiana. By clarifying and streamlining regulatory measures, the bill aims to facilitate increased investment and development in geothermal energy projects. This transition may make it easier for companies to explore and utilize geothermal energy, thus potentially enhancing energy diversity and sustainability within the state. However, the amendments to regulations may also spark discussions regarding environmental safeguards and the state's approach to managing energy resources as they relate to conservation efforts.
Summary
Senate Bill 717, introduced by Senator Morrish, focuses on the management and regulation of geothermal energy resources in Louisiana. The bill amends existing definitions and regulatory frameworks related to geothermal operations, which include exploration, drilling, development, production, and distribution of geothermal resources. A significant aspect of the bill is the reallocation of regulatory authority from the state Department of Conservation to the Office of Conservation within the Department of Natural Resources, signaling a streamlined approach to managing these specific energy resources. Importantly, the bill clarifies that geothermal operations will not be classified as the severance of natural resources, which may have implications for permitting and environmental assessments.
Sentiment
Overall sentiment regarding SB 717 appears to be cautiously optimistic, particularly among stakeholders in the energy sector who view the bill as a positive step towards enhancing energy production capabilities in Louisiana. Proponents argue it presents an opportunity for growth in renewable energy resources. However, there may also be concerns regarding environmental oversight and regulation, especially from advocacy groups focused on conservation, who might argue for maintaining stringent guidelines to protect natural resources.
Contention
One notable point of contention surrounding SB 717 is the balance between facilitating energy resource development and ensuring environmental protection. While the bill's supporters underscore the economic benefits of geothermal energy, critics may voice apprehensions about potential lax oversight resulting from the change in regulatory authority. The transition to a new regulatory framework could raise questions about the adequacy of existing environmental protections, particularly regarding the disposal of geothermal waste and its impacts on water systems within the state.
Authorizes the State Mineral and Energy Board to lease state lands for the development or production of alternate energy resources. (8/15/10) (EN SEE FISC NOTE GF RV See Note)
Oil and gas: California Environmental Quality Act: geothermal exploratory projects: geothermal field development projects: enhanced geothermal system wells.