H.B. 862, a bill to advance grid-enhancing technologies, was signed into law last night by Gov. Glenn Youngkin
RICHMOND, VA – Last night, Virginia Gov. Glenn Youngkin signed a grid-enhancing technologies bill into law after it passed the General Assembly with bipartisan support. H.B. 862, proposed by Del. Phil Hernandez and endorsed by national business association Advanced Energy United, will improve grid reliability and increase the capacity of the existing grid to keep up with the Commonwealth’s growing energy needs.
The bill requires that electric utilities in the state consider grid-enhancing technologies (GETs), a suite of technological upgrades that could add 30-40% more capacity to the current grid and save the Commonwealth money on grid congestion costs, in the Integrated Resource Plan (IRP) process.