House File 412 - Introduced



                                       HOUSE FILE       
                                       BY  REICHERT


    Passed House,  Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act providing for the establishment of a green energy zone
  2    program.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 1718HH 83
  5 rn/nh/5

PAG LIN



  1  1    Section 1.  NEW SECTION.  471.1  GREEN ENERGY ZONE PROGRAM.
  1  2    1.  A green energy zone program is established, to be
  1  3 administered by the Iowa power fund board established in
  1  4 section 469.6.  The objective of the program shall be to
  1  5 identify areas of the state with maximum alternate and
  1  6 renewable energy generation potential and apply a specialized
  1  7 set of regulatory requirements intended to promote alternate
  1  8 and renewable energy production, transmission, and
  1  9 distribution.
  1 10    2.  a.  The board shall designate areas of the state as
  1 11 green energy zones based upon application of one or more of
  1 12 the following criteria:
  1 13    (1)  The average annual wind speed exceeds fifteen and
  1 14 seven=tenths miles per hour.
  1 15    (2)  The average global horizontal irradiance per square
  1 16 mile exceeds one hundred sixty=six watts.
  1 17    (3)  Significant hydraulic energy potential exists, as
  1 18 determined by the board.
  1 19    (4)  Significant landfill gas potential exists, as
  1 20 determined by the board.
  1 21    b.  An alternate energy production facility not meeting the
  1 22 criteria specified in paragraph "a" may apply to the board for
  1 23 special consideration for designation as a green energy zone.
  1 24 The board shall develop by rule an application process and
  1 25 criteria for program participation by existing and prospective
  1 26 alternate energy production facilities.
  1 27    3.  The board, in conjunction with the utilities board of
  1 28 the utilities division of the department of commerce, shall
  1 29 develop a specialized feed=in tariff applicable to power
  1 30 purchase agreements entered into between alternate energy
  1 31 production facilities and electric utilities whose service
  1 32 area encompasses part or all of a green energy zone at a
  1 33 sufficient rate to provide an incentive for the development of
  1 34 alternate and renewable energy production within the green
  1 35 energy zone, establish an expedited transmission line
  2  1 franchise petition process authorizing transmission line
  2  2 construction and operation based upon economic need, recommend
  2  3 modification of maximum limits on loans issued pursuant to the
  2  4 alternate energy revolving loan program in section 476.46, and
  2  5 identify additional incentives, including tax incentives, for
  2  6 promoting alternate and renewable energy production within
  2  7 green energy zones.
  2  8    4.  The board shall perform an annual assessment of the
  2  9 impact of establishing the green energy zones on alternate and
  2 10 renewable energy generation, and shall submit a report to the
  2 11 governor and the general assembly by January 1, 2013,
  2 12 regarding the program and recommendations for program
  2 13 enhancements or expansion.
  2 14                           EXPLANATION
  2 15    This bill directs the Iowa power fund board to establish
  2 16 and administer a green energy zone program with the objective
  2 17 of identifying areas of the state with maximum alternate and
  2 18 renewable energy generation potential and applying specialized
  2 19 regulatory requirements intended to promote alternate and
  2 20 renewable energy production, transmission, and distribution.
  2 21    The bill provides that the board shall designate as a green
  2 22 energy zone areas of the state with specified levels of
  2 23 alternate and renewable energy harvest potential based upon
  2 24 factors specified in the bill, and develop by rule an
  2 25 application process and criteria for program participation by
  2 26 existing and prospective alternate energy production
  2 27 facilities within a green energy zone.  The board, in
  2 28 conjunction with the Iowa utilities board, is required to
  2 29 develop a specialized green energy zone feed=in tariff,
  2 30 applicable to power purchase agreements between alternate
  2 31 energy production facilities and electric utilities, establish
  2 32 an expedited transmission line franchise petition process
  2 33 authorizing transmission line construction and operation based
  2 34 upon economic need, recommend modifying maximum limits on
  2 35 loans issued pursuant to the alternate energy revolving loan
  3  1 program, and identify additional incentives, including tax
  3  2 incentives, for promoting alternate and renewable energy
  3  3 production within green energy zones.
  3  4    The bill provides that the board shall perform an annual
  3  5 assessment of the impact of establishing the green energy
  3  6 zones, and submit a report to the governor and the general
  3  7 assembly by January 1, 2013, regarding the program and
  3  8 recommendations for program enhancements or expansion.
  3  9 LSB 1718HH 83
  3 10 rn/nh/5.1