Virginia Senate Bill 580 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 10 2014 - 25% progression, died in chamber
Action: 2014-02-03 - Passed by indefinitely in Commerce and Labor with letter (16-Y 0-N)
Text: Latest bill text (Introduced) [HTML]

Renewable energy portfolio standard program; renewable energy certificate registration and tracking system. Requires the State Corporation Commission to establish a system for registering and tracking renewable energy certificates in order to facilitate the creation and transfer of such certificates. To the extent practicable, the system shall be consistent with and operate in conjunction with the system developed by PJM Interconnection LLC. The system shall include a registry of information regarding available renewable energy certificates and renewable energy certificate transactions. The measure establishes limits on the duration of a renewable energy certificate. The Commission is also directed to establish requirements for documentation and verification of renewable energy certificates by licensed energy suppliers and renewable energy generators, including net energy metering program participants. The measure eliminates provisions for double or triple credit toward meeting the renewable energy portfolio standard for energy derived from specific renewable energy sources, except that a utility will receive double credit toward meeting the standard for energy derived from onshore wind obtained via power purchase agreements entered into prior to January 1, 2013.

Electric utility regulation; renewable energy portfolio standard program, etc.

Sen. John Edwards [D]

2014-02-03 - Senate - Senate: Passed by indefinitely in Commerce and Labor with letter (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2014-02-03	Senate	Passed by indefinitely in Commerce and Labor with letter (16-Y 0-N)
2014-01-10	Senate	Referred to Committee on Commerce and Labor
2014-01-10	Senate	Presented and ordered printed 14103257D

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?141+sum+SB580
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+SB580+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+S02V0044+SB0580