OLR Bill Analysis

sSB 1102

AN ACT CONCERNING HYDROGEN.

SUMMARY:

This bill allows any electric generating facility, other than one using coal, to operate to make hydrogen during periods when it is not serving load. The bill does not define the phrase “serving load,” but it appears that the bill applies only when the facility is not selling any power to the grid.

Under the bill, any revenue resulting from the hydrogen production operations may not be counted as generating revenue for any purpose and must be taxed at 50% of the otherwise applicable tax rate. Notwithstanding the statutes, no additional permits or siting requirements apply to any such generating facility that builds facilities or purchases equipment to generate hydrogen under the bill.

EFFECTIVE DATE: Upon passage

COMMITTEE ACTION

Energy and Technology Committee

Joint Favorable Substitute