SB304:

Electric utilities; energy storage capacity requirements, certain facilities.

Bill Summary:

Electric utilities; energy storage capacity
requirements; certain facilities. Provides that if Appalachian
Power and Dominion Energy Virginia newly acquire the right to energy
storage capacity from energy storage facilities located in the Commonwealth
that were in operation on January 1, 2021, such energy storage capacity
will, to the extent the utility has not already contracted for access
to the newly acquired energy storage facility, count toward the utility's
energy storage capacity requirements.