,,ii #aad? ,,congress #a/ ,session ,s4 #adcd ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #ba1 #bjae,mr4 ,he9ri* introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to am5d ! ,public ,utility ,regulatory ,policies ,act ( #aigh to e/abli% an en]gy /orage portfolio /&>d1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,en]gy ,/orage ,promotion & ,deploym5t ,act ( #bjae4 #b4 ,en]gy /orage portfolio /&>d 7a7 ,9 g5]al ,title ,,vi ( ! ,public ,utility ,regulatory ,policies ,act ( #aigh 7#af ,u4,s4,c4 #bfja et seq47 is am5d$ by add+ at ! end ! foll[+3 #faj4 ,en]gy /orage portfolio /&>d 7a7 ,def9itions ,9 ?is section3 7#a7 ,en]gy /orage device ,! t]m en]gy /orage device includes a device us$ to /ore en]gy us+ pump$ hydrop[]1 compress$ air1 batt]ies or o!r electro*emical =ms 7includ+ hydrog5 = fuel cells71 !rmal =ms 7includ+ hot wat] & ice71 fly:eels1 capacitors1 sup]conduct+ magnets1 & o!r en]gy /orage devices1 to be available = use :5 ! en]gy is ne$$4 7#b7 ,retail electric suppli] 7,a7 ,9 g5]al ,! t]m retail electric suppli] means a p]son t-- 7i7 sells electric en]gy to electric consum]s2 & 7ii7 sold n less ?an #ejj1jjj megawatt h\rs ( electric en]gy to electric consum]s = purposes o!r ?an resale dur+ ! prec$+ cal5d> ye>4 7,b7 ,inclusion ,! t]m retail electric suppli] includes a p]son t sells electric en]gy to electric consum]s t1 9 comb9ation ) ! sales ( any affiliate organiz$ aft] ! date ( enactm5t ( ?is section1 sells n less ?an #ejj1jjj megawatt h\rs ( electric en]gy to consum]s = purposes o!r ?an resale4 7,c7 ,exclusions ,! t]m retail electric suppli] does n include-- 7i7 ! ,unit$ ,/ates1 a ,/ate1 any political subdivision ( a ,/ate1 or any ag5cy1 au?ority1 or in/rum5tality ( ! ,unit$ ,/ates1 a ,/ate1 an ,indian tribe1 or a political subdivision2 or 7ii7 a rural electric coop]ative4 7,d7 ,sales to p>5t companies or affiliates ,= purposes ( ?is p>agraph1 sales by any p]son to a p>5t company or to o!r affiliates ( ! p]son %all n be treat$ z sales to electric consum]s4 7b7 ,requirem5ts 7#a7 ,prim>y /&>ds ,subject to p>agraph 7#b7 & except z provid$ 9 subsection 7e77#b71 ea* retail electric suppli] %all a*ieve compliance ) ! foll[+ en]gy /orage portfolio /&>ds by ! foll[+ dates3 7,a7 ,janu>y #a1 #bjba ,n lat] ?an ,janu>y #a1 #bjba1 ea* retail electric suppli] %all h available on ! sy/em ( ! retail electric suppli] en]gy /orage devices ) a p[] capacity rat+ equal to n less ?an #a p]c5t ( ! annual av]age peak p[] dem& ( ! sy/em1 z-- 7i7 measur$ ov] a #a-;h\r p]iod2 & 7ii7 av]ag$ ov] ! p]iod ( cal5d> ye>s #bjag ?r\gh #bjai4 7,b7 ,janu>y #a1 #bjbe ,n lat] ?an ,janu>y #a1 #bjbe1 ea* retail electric suppli] %all h available on ! sy/em ( ! retail electric suppli] en]gy /orage devices ) a p[] capacity rat+ equal to n less ?an #b p]c5t ( ! annual av]age peak p[] dem& ( ! sy/em1 z-- 7i7 measur$ ov] a #a-;h\r p]iod2 & 7ii7 av]ag$ ov] ! p]iod ( cal5d> ye>s #bjba ?r\gh #bjbc4 7#b7 ,second>y /&>d ,( ea* applicable /orage capacity requir$ "u p>agraph 7#a71 at lea/ #ej p]c5t %all be suffici5t to provide electricity at ! rat$ capacity = a duration ( n less ?an #a h\r4 7c7 ,inclusions ,! foll[+ may be us$ to comply ) ! en]gy /orage portfolio /&>ds e/abli%$ by subsection 7b73 7#a7 ,en]gy /orage devices associat$ ) a retail cu/om] ( ! retail electric suppli]4 7#b7 ,en]gy /orage own$ or op]at$ by ! retail electric suppli]4 7#c7 ,en]gy /orage devices t are electrically connect$ to ! retail electric suppli] & available to provide p[]1 includ+ /orage own$ by-- 7,a7 a ?ird p>ty2 7,b7 a regional transmission entity2 or 7,c7 a transmission or g5]ation entity4 7d7 ,exclusion ,an en]gy /orage device plac$ 9 op]ation be=e ,janu>y #a1 #bjji1 may n be us$ to a*ieve compliance ) ! en]gy /orage portfolio /&>ds e/abli%$ by subsection 7b74 7e7 ,deadl9e = compliance 7#a7 ,9 g5]al ,subject to p>agraph 7#b71 ! *ief executive (fic] ( ea* retail electric suppli] %all c]tify to ! ,secret>y compliance ) ! en]gy /orage portfolio /&>ds e/abli%$ by subsection 7b7 by ! applicable dates specifi$ 9 t subsection4 7#b7 ,waiv]s 7,a7 ,9 g5]al ,not)/&+ any o!r provision ( ?is section1 ! ,secret>y may provide to a retail electric suppli] a waiv] ( an applicable deadl9e "u subsection 7b7 = a p]iod ( #a cal5d> ye>1 if ! ,secret>y det]m9es t a*iev+ compliance by ! applicable deadl9e w\ld pres5t undue h>d%ip to-- 7i7 ! retail electric suppli]2 or 7ii7 ratepay]s ( ! retail electric suppli]4 7,b7 ,additional waiv]s ,! ,secret>y may provide to a retail electric suppli] su* additional #a-ye> waiv]s "u subp>agraph 7,a7 z ! ,secret>y det]m9es to be appropriate on mak+ a subsequ5t det]m9ation "u t subp>agraph4 4 7b7 ,table ( cont5ts am5dm5t ,! table ( cont5ts ( ! ,public ,utility ,regulatory ,policies ,act ( #aigh 7#af ,u4,s4,c4 prec4 #bfja7 is am5d$ by add+ at ! end ( ! items relat+ to title ,,vi ! foll[+3 ,sec4 #fji4 ,rural & remote communities electrification grants4,sec4 #faj4 ,en]gy /orage portfolio /&>d4 4