HI HB1019

Renames and expands the Hawaii Renewable Hydrogen Program to become the Hawaii Renewable Hydrogen and Long Duration Clean Energy Storage Program, adding identification of pumped storage hydropower locations and other long duration clean energy storage technologies

Requires engineering and economic evaluations of potential long duration clean energy storage sites, prioritizing pumped storage hydroelectric projects that maximize ecological, social, and economic benefits while minimizing impacts on cultural heritage, agricultural land, and habitat

Expands the Hydrogen Investment Special Fund (renamed to Hydrogen and Long Duration Clean Energy Storage Investment Capital Special Fund) to allow seed capital and venture capital investments for long duration clean energy storage projects

Appropriates an unspecified amount from the energy security special fund for fiscal year 2025-2026 for program activities, including temporary staff positions

Establishes an effective date of July 1, 3000 (placeholder date indicating further legislative action needed)