SB2818 Summary

• Requires the Public Utilities Commission to contract with the Hawaii Natural Energy Institute to conduct an independent study on renewable gas availability, feasibility, costs, and potential for use by gas utility companies, with findings due to the legislature by 20 days before the 2022 regular session.

• Appropriates funds from the Public Utilities Commission Special Fund (amount not specified in bill) for fiscal year 2020-2021 to conduct the renewable gas study.

• Amends the definition of "renewable portfolio standard" from a percentage of electrical energy sales to a percentage of electrical energy generation, affecting measurement of Hawaii's progress toward its 100% renewable energy goal by December 31, 2045.

• Modifies renewable portfolio standard targets for 2030, 2040, and 2045 to be based on electricity generation rather than sales (40%, 70%, and 100% respectively).

• Takes effect July 1, 2050.