Electric utilities; development of renewable energy facilities.

Regulation of electric utilities; developmentof renewable energy facilities; powers of Air Pollution Control Board;powers of State Corporation Commission. Repeals provisions (i)requiring the Air Pollution Control Board to adopt regulations toreduce carbon dioxide emissions from any electricity generating unitin the Commonwealth and authorizing the Board to establish an auctionprogram for energy allowances; (ii) prohibiting the State CorporationCommission from approving any new utility-owned generation facilitiesthat emit carbon dioxide as a by-product of energy generation, incertain circumstances; (iii) declaring that statutory allowancesfor energy derived from sunlight, onshore wind, offshore wind, and storage facilities are in the public interest; and (iv) relatingto the development of solar and wind generation and energy storagecapacity, development of offshore wind capacity, and generation ofelectricity from renewable and zero carbon sources. The bill providesthat planning and development activities for new nuclear generationfacilities are in the public interest.