WV Load Forecast Accountability Act
What changed between versions
Added the West Virginia First Energy Act creating new articles to protect coal and natural gas generation, restrict intermittent resource investments, and establish operational requirements for coal-fired facilities.
Added minimum 69 percent utilization rate requirement for coal-fired facilities measured on a 12-month rolling average.
Added requirement that utilities cannot retire or reduce capacity of coal or natural gas facilities without prior approval from the Public Service Commission and Public Energy Authority.
Added prohibition on utilities seeking cost recovery for new intermittent generation resources like wind or solar.
Added requirement for coal utilities to submit operational analysis and plans by January 1, 2027, including fuel supply, maintenance schedules, and upgrade plans.
Added requirement for utilities to maintain a minimum 30-day supply of base fuel for grid resiliency and homeland security.
Added requirement that rate increases be contingent on compliance with coal utilization standards and that unauthorized plant retirements are violations enforceable by the commission.
Changed sunset date from December 31, 2031 to no sunset provision for the expanded energy policy provisions.
Added new definitions for 'dispatchable, non-intermittent replacement resource' and expanded PJM definition to include LLC designation.
Added restrictions on Electric Grid Stabilization and Security Fund usage, prohibiting use for decommissioning or closing operating units.