Relating to energy.

Establishes goal of planning for development of three gigawatts of commercial scale floating offshore wind energy projects within federal waters off Oregon coast by 2030. Requires electric companies to plan for and pursue cost-effective energy or energy and capacity delivered directly or indirectly from floating offshore wind energy facilities or renewable hydrogen production facilities powered by floating offshore wind energy. Requires State Department of Fish and Wildlife to adopt program for assisting members of commercial and sport ocean fishing industries with avoiding conflicts with floating offshore wind energy facilities. Requires department to establish and implement offshore energy development fisheries loss compensation program. Establishes Offshore Energy Development Fisheries Loss Compensation Fund. Continuously appropriates moneys in fund to department implement programs. Declares state policy position related to federal planning or permitting process for offshore energy research and development in federal waters off Oregon coast. Makes certain modifications to renewable portfolio standards. Modifies community-based renewable energy standard. Exempts small modular reactors from certain siting restrictions that apply to nuclear-fueled thermal power plants. Requires small modular reactors to be sited in city or county where electors of city or county have approved small modular reactors being located in city or county. Requires emergency planning zones for small modular reactors to be located in county where electors of county have approved small modular reactors being located in county. Requires proposed disposal of high-level radioactive waste by small modular reactor to comport with process approved or adopted by United States Nuclear Regulatory Commission.