Pumped Storage Bill with Virginia Senate After Passing House Vote

Renewable Energy World: A bill in the U.S. commonwealth of Virginia has been referred to the Senate Committee on Commerce and Labor after being passed by the House by a vote of 98 yes, zero no and one abstaining.

HB 1760 Electric utilities; costs of pumped hydroelectricity generation and storage facilities “authorizes an investor-owned electric utility to petition the State Corporation Commission for approval of a rate adjustment clause for recovery of the costs of one or more pumped hydroelectricity generation and storage facilities that utilize renewable energy as all or a portion of their power source and are located in the coalfield region of the Commonwealth,” according to Virginia’s Legislative Information System.

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