Energy storage requirements; Department of Energy, et al., to develop model ordinances, reports.

Electric utilities; energy storage requirements; Department of Energy and Department of Environmental Quality to develop model ordinances; work groups; reports. Increases the targets for energy storage capacity that Appalachian Power and Dominion Energy Virginia are required to petition the State Corporation Commission for approval to construct, acquire, or procure and extends the time frame by which such capacity must be met. Under the bill, (i) Appalachian Power shall petition the Commission for approval to construct, acquire, or procure at least 780 megawatts of short-duration energy storage capacity by 2040 and 520 megawatts of long-duration energy storage capacity by 2045 and (ii)…