Nevada 2023 Regular Session

Nevada Senate Bill SB334 Compare Versions

The same version is selected twice. Please select two different versions to compare.

Version 1 (Old)

Version 2 (New)

Old	New	Differences
1	1
2	2	(Reprinted with amendments adopted on April 24, 2023)
3	3	FIRST REPRINT S.B. 334
4	4
5	5	- SB334_R1
6	6
7	7	SENATE BILL NO. 334–SENATORS SPEARMAN, KRASNER,
8	8	HAMMOND, PAZINA, STONE; AND HANSEN
9	9
10	10	MARCH 20, 2023
11	11	____________
12	12
13	13	Referred to Committee on Growth and Infrastructure
14	14
15	15	SUMMARY—Revises provisions relating to energy storage
16	16	systems that are used to meet certain biennial energy
17	17	storage targets. (BDR 58-30)
18	18
19	19	FISCAL NOTE: Effect on Local Government: No.
20	20	Effect on the State: No.
21	21
22	22	~
23	23
24	24	EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.
25	25
26	26
27	27	AN ACT relating to energy; authorizing an energy storage system
28	28	that retains, stores and delivers energy through a system
29	29	that uses only green hydrogen for the purposes of meeting
30	30	certain biennial storage targets; and providing other
31	31	matters properly relating thereto.
32	32	Legislative Counsel’s Digest:
33	33	Existing law requires the Public Utilities Commission of Nevada to establish by 1
34	34	regulation biennial targets for the procurement of energy storage systems by an 2
35	35	electric utility which has had a gross annual operating revenue of $250,000,000 or 3
36	36	more in this State if the Commission determines such targets to be in the public 4
37	37	interest. (NRS 704.187, 704.792, 704.796) Existing regulations establish such 5
38	38	targets, with a target for the procurement of energy storage systems with a 6
39	39	cumulative capacity of 1,000 megawatts by December 31, 2030. (LCB File No. 7
40	40	R106-19) Under existing law, to qualify as an energy storage system for the 8
41	41	purpose of meeting the biennial targets, an energy storage system is required to be 9
42	42	commercially available technology that is capable of retaining, storing and 10
43	43	delivering energy after storage by chemical, thermal or mechanical means. (NRS 11
44	44	704.793) Section 2.8 of this bill authorizes technology that retains, stores and 12
45	45	delivers energy through hydrogen storage and use systems that only use green 13
46	46	hydrogen to be used to meet the existing biennial energy storage targets. Section 14
47	47	2.4 of this bill defines the term “green hydrogen” as hydrogen produced through a 15
48	48	certain process that is completely powered by renewable energy. Section 2.6 of this 16
49	49	bill makes a conforming change to make this definition applicable to existing law 17
50	50	governing biennial energy storage targets. 18
51	51
52	52
53	53	– 2 –
54	54
55	55
56	56	- SB334_R1
57	57	THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN
58	58	SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
59	59
60	60	Section 1. (Deleted by amendment.) 1
61	61	Sec. 2. (Deleted by amendment.) 2
62	62	Sec. 2.4. Chapter 704 of NRS is hereby amended by adding 3
63	63	thereto a new section to read as follows: 4
64	64	“Green hydrogen” means hydrogen that is produced by 5
65	65	splitting water molecules into hydrogen and oxygen through an 6
66	66	electrolysis process that is completely powered by renewable 7
67	67	energy. 8
68	68	Sec. 2.6. NRS 704.791 is hereby amended to read as follows: 9
69	69	704.791 As used in NRS 704.791 to 704.797, inclusive, and 10
70	70	section 2.6 of this act, unless the context otherwise requires, the 11
71	71	words and terms defined in NRS 704.792, 704.793 and 704.794 and 12
72	72	section 2.6 of this act have the meanings ascribed to them in those 13
73	73	sections. 14
74	74	Sec. 2.8. NRS 704.793 is hereby amended to read as follows: 15
75	75	704.793 “Energy storage system” means commercially 16
76	76	available technology that is capable of retaining energy, storing the 17
77	77	energy for a period of time and delivering the energy after storage, 18
78	78	including, without limitation, by chemical, thermal or mechanical 19
79	79	means [.] or through a hydrogen storage and use system that only 20
80	80	uses green hydrogen. 21
81	81	Sec. 3. This act becomes effective upon passage and approval. 22
82	82
83	83	H
84	84