Requires Rhode Island Energy to enter into at least one long-term contract, for at least a four (4) year period, to procure natural gas pipeline capacity with an interstate pipeline operator.
Impact
This bill directly impacts Rhode Island's energy landscape by requiring a commitment to long-term gas supply agreements. By doing so, it aims to enhance the reliability of natural gas provision in the state, reducing the chances of shortages or fluctuations in pricing that could adversely affect consumers and businesses alike. Moreover, aligning with an interstate pipeline operator can potentially lead to more competitive pricing and improved service delivery for natural gas, as it integrates regional supply networks.
Summary
House Bill 6316 mandates that Rhode Island Energy enter into a long-term contract for natural gas pipeline capacity with an interstate pipeline operator. The law stipulates that the contract must last for a minimum of four years, providing stability for supply and service in the region. The intention behind this legislation is to ensure reliable sourcing of energy resources to meet consumer demands and regulatory standards.
Contention
While the bill is primarily focused on securing a stable energy supply, there may be points of contention regarding the implications for energy pricing and the environmental impact of increased natural gas reliance. Critics could argue that a long-term commitment to natural gas could hinder the state's transition to renewable energy sources. Advocates for renewable energy may view such legislation as a setback in the broader push towards sustainability and a greener energy grid. Furthermore, discussions around the choice of interstate operators could raise concerns over monopolistic practices or dependence on external suppliers.
Authorizes the Rhode Island Public Transit Authority to enter into certain projects and procure related services including the transit center project, using design build contracting and progressive design build contracting.
Authorizes the Rhode Island Public Transit Authority to enter into certain projects and procure related services including the transit center project, using design build contracting and progressive design build contracting.
Establishes thermal energy networks network infrastructure by any public utility company that provides electric/natural gas distribution to maximize cost-effective investments deemed in the public interest by the public utilities commission (PUC).
Makes several amendments relative to the affordable clean energy security act establishing the act's priority over chapter 6.2 of title 42 (the "2021 act on climate").
Makes several amendments relative to the affordable clean energy security act establishing the act's priority over chapter 6.2 of title 42 (the "2021 act on climate").
Provides for a residency requirement of at least six (6) months rather than one year for the Rhode Island family court to have jurisdiction over a divorce complaint.
Requires the office of energy resources to initiate the process of developing programs and associated funding mechanisms, for electric energy storage resources connected to the electric distribution system.