SB1342

SB1342 amends Hawaii's renewable portfolio standard to prioritize distributed solar, set biofuel emission limits, and establish capacity payments for.

SB1342 modifies Hawaii's renewable portfolio standard to prioritize distributed solar, ensuring it is the largest source of renewable energy. The bill sets stricter emission limits for biofuels, requiring them to have lifecycle greenhouse gas emissions below 100 kg CO2e per million BTUs. It also mandates the purchase of at least 20 million gallons of renewable biofuels annually and 2,000 MW of customer-sited, grid-connected generation. The public utilities commission is directed to establish capacity payments for renewable energy resources to ensure reserve margins of at least 15%.