Virginia Senate Bill SB562

Virginia 2024 Regular Session

• Introduced: 1/10/24
• Refer: 1/10/24

Caption

Captured coal mine methane; pilot program, renewable energy portfolio standard.

Impact

The bill impacts existing state laws by incorporating captured coal mine methane as an eligible resource within Virginia's renewable energy portfolio standard program. This change recognizes the potential of methane capture as a sustainable energy source, encouraging utilities to invest in technologies that reduce environmental impacts. The program duration for each project is capped at a maximum of 15 years, providing a structured timeframe for implementation and evaluation.

Summary

SB562 establishes a pilot program for the generation of electricity from captured coal mine methane in Virginia. It allows both Phase I and Phase II utilities to propose projects that utilize non-combustion electric generators powered by this captured methane. The projects must demonstrate significant improvements in greenhouse gas emissions, air quality, and the efficiency of electrical systems. This bill aims to enhance the use of renewable resources while promoting innovative energy solutions.

Contention

Points of contention surrounding SB562 likely focus on the trade-offs between expanding dependence on fossil fuel-derived energy sources and the necessity of transitioning to cleaner energy alternatives. Critics may argue that while captured coal mine methane can reduce emissions, reliance on methane, even if captured, could detract from more aggressive efforts to phase out fossil fuels entirely. Proponents, conversely, are expected to highlight the importance of utilizing existing resources responsibly while moving towards state-wide sustainability goals.