On Could 2, Republican Gov. Glenn Youngkin vetoed two payments that may have required Virginia utilities to spend money on each short- and long-duration vitality storage, in addition to convene work teams and expertise demonstrations to conduct analysis on such applied sciences.
Companion payments SB1394 and HB2537 would have required no less than 780 MW of short-duration vitality storage capability by 2040 and 520 MW of long-duration capability by 2045 for Appalachian Energy, and 5,220 MW of brief length and three,480 MW of long-duration by 2045 for Dominion Power Virginia.
In his veto messages, Youngkin emphasised his free-market vitality mindset and opposition to the Virginia Clear Economic system Act, a regulation handed in 2020 establishing a compulsory RPS program for the state.
“The Virginia Clear Economic system Act (VCEA) is failing Virginians,” Youngkin wrote. “Including in necessities for the petitioning of extra storage applied sciences won’t change the truth that the regulation is misguided and doesn’t work. Lengthy-duration vitality storage is an costly expertise and if utilities believed it to be the very best expertise to fulfill demand, they’d be actively in search of permission to construct them.”
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