Video & Transcript Research : 'subsurface energy'
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UT
Utah 2025 Regular Session
Public Utilities, Energy, and Technology Interim Committee - November 19, 2025
Public Utilities, Energy, and Technology Interim Committee
Transcript Highlights:
- and nuclear energy regulation for the state.
- It would create the new office to coordinate nuclear energy regulation. nuclear energy regulation for
- It paved the way. ...for nuclear energy.
- It couldn't be any more important, energy.
- We have the Office of Energy Development here with us today to report on the newly created Nuclear Energy
NH
New Hampshire 2025 Regular Session
House Municipal and County Government (03/03/2025)
Municipal and County Government
Transcript Highlights:
- totaling $2.5 million for energy totaling $2.5 million for energy conservation<01:46:14.920>
- wanted to use a lease with Energy wanted to use a lease with Energy savings<02:13:45.719>
to< - > um series uh is supportive of Energy um series uh is supportive of Energy Efficiency<02:17:02.240><
- <02:29:13.800>
work <02:29:14.240>energy three phases of energy work energy three phases - of energy work energy performance<02:29:15.200>
work <02:29:16.200>uh <02:29:16.319>
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee Apr 23rd, 2025
Transcript Highlights:
- I would like to convene today's hearing of the Assembly Committee on Utilities and Energy.
- Geothermal energy is a clean, renewable source that can provide much-needed baseload power to our energy
- We updated our renewable energy and transmission element six times since 1977... ...renewable energy
- Just in the Salton Sea... ...geothermal energy, but our potential is so much greater than that.
- Leah Barrows on behalf of Independent Energy Producers, in support.
Summary:
The Assembly Committee on Utilities and Energy met as a subcommittee because a quorum was not present, and the chair announced 16 measures on the agenda, nine of them on consent. The committee then took up AB 1016 by Assemblymember Gonzalez, which would create a five-year pilot program allowing certain counties with geothermal elements in their general plans to locally permit geothermal plants up to 150 net megawatts through 2030. The author and Imperial County representatives argued the bill would streamline a duplicative permitting process, support local control, and bring jobs, tax revenue, and clean baseload energy development to Imperial County, which they described as facing high unemployment and poverty and having significant geothermal potential.
Supporters included Imperial County officials, Rural County Representatives of California, Independent Energy Producers, and local community representatives. They emphasized the county’s long history of geothermal permitting, its planning efforts, and the economic benefits of projects that could support schools, health care, and community colleges. Opposition came from labor organizations including the California State Pipe Trades Council, Western States Council of Sheet Metal Workers, California Coalition of Utility Employees, State Association of Electrical Workers, and State Building Trades. Their main concern was that shifting permitting from the California Energy Commission to local governments could remove the skilled-and-trained workforce requirement that currently applies to CEC-permitted projects.
Committee members asked about that labor issue, and the author said he intended to work with the opposition coalition to ensure local workers are prioritized and that projects use skilled, trained, California-licensed labor. The discussion ended with the bill still under consideration; no vote was taken in the portion of the hearing provided.
TX
Transcript Highlights:
- It's critical to maintain Texas energy leadership.
- It's not just what's happening in that energy sector.
- Half of the permanent school fund revenue comes from energy production.
- Energy production leader of the free world.
- One of the things that, uh, energy impacted areas, particularly the Permian.
Keywords:
emergency preparedness, flood-prone communities, Texas Rural Emergency Preparedness Fund, disaster relief, funding, youth camp, safety regulations, advisory committee, child welfare, health standards, summer camp, camp safety, child abuse reporting, child neglect, mandatory reporting, background check, criminal history check, sex offender registry, CPR training, first aid
CA
California 2025-2026 Regular Session
Joint Hearing Utilities and Energy Committee and Natural Resources Committee and Transportation Committee Aug 20th, 2025
Transcript Highlights:
- to 1,000-hour energy storage, earth batteries, with three national labs and the Department of Energy
- And we can't get permits for a clean energy project converting oil reservoirs to 1,000-hour energy storage
- labs and the Department of Energy.
- I know everybody's talking about green energy.
- So when they talk about green energy, oil rigs are out there drilling for new energy.
Summary:
The joint informational hearing of the Assembly Committees on Utilities and Energy, Transportation, and Natural Resources focused on California’s transportation fuels sector, especially the state’s response to refinery closures and the broader transition away from fossil fuels. Opening remarks emphasized the tension between climate and air-quality goals, fuel affordability, refinery jobs and local tax bases, and the need to avoid crisis-driven responses as Phillips 66 and Valero consider shutting refineries in Wilmington and Benicia. Professor Emily Grubert framed the issue as a long-term managed transition in which the public already bears much of the risk and should also capture benefits from a well-planned shift.
CARB Chair Leanne Randolph reviewed the state’s emissions and fuel policies, including AB 32, the low-carbon fuel standard, clean vehicle programs, and the at-berth regulation for ocean-going vessels. She said California’s transportation sector remains the largest source of greenhouse gases and a major source of smog-forming pollution, but that the state has made substantial progress and still needs to reduce demand for fossil fuels while maintaining compliance with federal air-quality standards. Randolph also said CARB’s recent LCFS amendments had not caused the predicted spike in gas prices and explained that compliance pathways for the at-berth rule include emissions-reduction technologies or payments into a remediation fund.
CEC Vice Chair Gunda described declining gasoline demand, shrinking in-state refining capacity, and growing dependence on imports, arguing that the state is in a “mid-transition” period that requires both support for legacy infrastructure and continued investment in cleaner alternatives. He outlined the administration’s petroleum market stabilization proposal, which aims to return California crude production to 125 million barrels a year through four components: codifying the ban on fracking, validating the Kern County oil-and-gas permitting ordinance, creating a temporary CEQA exemption paired with a two-for-one plug-and-drill framework, and strengthening pipeline and spill-safety requirements. Department of Conservation Director Jennifer Lucasey said the proposal is intended to stabilize crude supply and pipeline throughput while preserving health and environmental protections, and noted that CalGEM would still review permits and enforce other requirements.
Mayor Steve Young of Benicia testified that a Valero closure would significantly reduce city revenue and leave the community facing years of cleanup and redevelopment challenges. He said the city supports environmental protection but is worried about the economic hit, the possibility that Benicia becomes a fuel-import terminal, and the lack of local influence over refinery decisions. Members pressed the panel on the CEQA exemption, tribal and habitat review, disclosure of closure liabilities, fuel-demand projections, and whether the proposal should include more demand-side measures. No formal votes were taken; the hearing was informational, and officials said some proposals, including a margin-cap pause and further transition planning, would be taken up later in the process.
TX
Texas 89th 2nd C.S.
Ways & Means
Transcript Highlights:
- Still, we recognize that this growth presents real energy challenges, grid reliability, and energy affordability
- Crusoe's energy first approach to data centers is to match computing workloads with places where energy
- Crusoe is very proud of our energy for Mark Whitman: energy first approach to data centers.
- to ERCOT in advance of our energy needs.
- These energy buyers all have distinct interests and energy use profiles, but one thing unites them all
NH
New Hampshire 2025 Regular Session
House Municipal and County Government (03/03/2025)
Municipal and County Government
Transcript Highlights:
- totaling $2.5 million for energy totaling $2.5 million for energy conservation<01:46:14.920>
- wanted to use a lease with Energy wanted to use a lease with Energy savings<02:13:45.719>
to< - > um series uh is supportive of Energy um series uh is supportive of Energy Efficiency<02:17:02.240><
- The energy performance contract is set up so that the energy savings that are guaranteed by the ESCO,
- <02:29:13.800>
work <02:29:14.240>energy three phases of energy work energy three phases
Summary:
The Municipal and County Government Committee held public hearings on House Bill 471 and House Bill 373. HB 471 would create a temporary commission to study growth, traffic, planning, and land use issues in a group of southern New Hampshire towns, with possible recommendations on regional planning commission boundaries or coordination. Representative Perez said the bill was requested by Londonderry residents and local officials, and Eric Power of Brookline testified in support, saying the towns share corridor and development issues that cross regional planning commission lines. Several members questioned whether existing law already allows towns to form regional planning commissions under RSA 364:6, whether the bill should be broader, and whether the town list should include additional communities. The hearing closed with testimony counts reported as two in support and three opposed on remote sign-in, plus one opposed and one in support on the blue sheet.
HB 373, sponsored by Representative Diane Powers, would revise RSA 41:11-a on town property leases. Powers said current law is too restrictive because leases over five years require repeated town votes, which she argued is impractical for long-term arrangements. She cited examples from Hampton and Brookline, including long-term road and property leases, and said she had found multiple similar cases. The bill would keep select board authority for leases under one year, allow a legislative body to authorize a specific longer lease by a three-fifths ballot vote, and preserve the existing five-year blanket leasing authority with a three-fifths vote, while keeping existing leases valid if authority is later rescinded. Eric Power testified in support, describing recurring lease renewals in Brookline and saying longer terms are needed for projects such as housing, cell towers, and solar arrays. Members asked about the change from a simple town vote to a three-fifths threshold and whether the bill duplicates existing mechanisms; Powers said the higher threshold was intended because the leases involve long-term commitments. No votes were taken during the hearing portion described.
NH
New Hampshire 2026 Regular Session
Senate Energy and Natural Resources (03/24/2026)
Energy and Natural Resources
Transcript Highlights:
- sorry, utility default energy service. sorry, utility default energy service.
- the Science, Technology, and Energy the Science, Technology, and Energy Committee<00:44:47.080><
- volatile energy prices. volatile energy prices.
- Energy. Um, with me I have one of our Energy.
- an energy audit done on their home. an energy audit done on their home.
NH
New Hampshire 2025 Regular Session
Senate Energy and Natural Resources (02/20/2025)
Energy and Natural Resources
Transcript Highlights:
- Department of energy as well as uh other Department of energy as well as uh other stakeholders<00:11:
- renewable energy generation, including SMRs as defined, energy efficiency, demand-side load reduction
- storage energy resources are energy storage energy resources are energy storage electric<00:45:12.480
- <00:45:15.200>
generation clean and renewable energy generation clean and renewable energy - the purpose of distributive energy the purpose of distributive energy resources<00:46:03.680>
NM
New Mexico 2025 Regular Session
IC - Public School Capital Outlay Council Jul 16th, 2025
Transcript Highlights:
- Quite simply, it's the basic energy management platform.
- your energy providers.
- energy manager, in the first year with the identified savings that they find with collecting energy
- There was also a broader conversation on the benefits of energy efficiency and energy usage at the school
- efficiency and energy usage.
KY
Kentucky 2025 Regular Session
Senate Standing Committee on Natural Resources & Energy (3-12-25)
Transcript Highlights:
- For many years, as you know, Kentucky's been a standard for low-cost energy, and we've taken our power
- We've experienced periods where our constituents have been asked to conserve energy.
- It's estimated right now that between now and 2030, energy demand is going to increase 15 to 20%, and
- Nuclear power should be a part of our all-of-the-above energy approach.
- Nuclear power should be a part of our all-of-the-above energy approach.
Keywords:
Meeting Start 00:00
Attendance Roll Call 01:25
HCR 22 Discussion 01:57
HCR 22 Roll Call Vote 07:55, 958, all
Summary:
The Natural Resources Committee met with a quorum, approved the minutes, and then heard ACR 22, sponsored by Representatives Randy Bridges and Steven Rudy. The resolution declares nuclear generation to be a clean, dispatchable baseload energy source for Kentucky. The sponsors argued that Kentucky and the broader energy market are facing growing demand and reliability challenges, and said the resolution recognizes prior legislative steps on nuclear power, including lifting the nuclear moratorium, creating a nuclear study working group, and establishing the Kentucky Nuclear Development Authority.
The sponsors also emphasized nuclear power as part of an all-of-the-above energy strategy and highlighted small modular reactors and spent fuel processing as important future technologies. They referenced Paducah’s former uranium enrichment site and potential laser enrichment work as part of a recycling approach that could reduce waste and support new fuel production. No outside testimony was presented in the excerpt.
Members expressed support for the resolution, with several noting its importance for economic development, reliable power, and keeping coal relevant through new energy partnerships. The committee voted favorably on the measure, with all members present voting aye, and the chair stated that the resolution would pass with favorable expression. The committee then adjourned.
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee Jul 16th, 2025
Transcript Highlights:
- I appreciate the flexibility here at the Assembly Energy. Indeed. Okay.
- Today, I have Bethany, a scientist at PSE Healthy Energy, who focuses on resilience and energy equity
- working at the intersection of energy and public health.
- Today, I have Bethanym, a scientist in PSE Healthy Energy, at PSC Healthy Energy, who focuses on resilience
- and energy equity to testify in support.
Summary:
The committee heard several energy and water affordability bills, with extensive testimony on SB 254 by Senator Becker, SB 541 by Senator Becker, SB 453 by Senator Stern, SB 292 by Senator Caballero, and SB 473 by Senator Padilla. SB 254 was presented as a broad utility affordability package addressing short-term climate credits, a Power Fund, tighter scrutiny of rate increases and utility profits, wildfire spending, securitization of future utility costs, and streamlining. Supporters, including TURN and several environmental and public power groups, said it could lower bills and reduce long-term costs; opponents from investor-owned utilities, labor, business, and local government raised concerns about market impacts, insufficient analysis, and the breadth of the bill. The committee approved SB 254 on a 6-3 vote and placed it on call.
SB 541 focused on load flexibility and using existing grid capacity more efficiently. Senator Becker described it as a transparency and planning measure to identify cost-effective load shifting and reduce peak demand, while supporters said it could improve resiliency and save money. Several CCAs and utilities opposed the bill in print or unless amended, arguing that some language implied a mandate and that the concept needed more cost-effectiveness analysis; the author said amendments would remove language dividing the state goal among retail suppliers and clarify that the bill is not a procurement mandate. The committee passed SB 541 as amended to Appropriations on a 9-1 vote and left it on call.
SB 453 by Senator Stern would return unspent ratepayer-funded microgrid program dollars and was described as a way to keep the lights on and redirect unused funds. It drew support from local government and environmental groups, with PG&E expressing concern about how the bill would affect its ability to spend awarded funds. The committee passed SB 453 as amended to Appropriations on a 12-0 vote. SB 292 by Senator Caballero would require more granular outage and reliability reporting, including census-tract-level data, to better inform resilience planning after PSPS events; utilities opposed unless amended, citing duplicative reporting and regulatory overlap, but the bill passed 12-0 to Appropriations.
SB 473 by Senator Padilla would require or expand water utility decoupling to promote conservation and affordability. Supporters, including water utilities, labor, business, and local government groups, argued decoupling stabilizes revenue, supports conservation, and can keep rates lower for low-use customers. The Public Advocates Office opposed, saying prior pilot data showed no conservation benefit and about $1 billion in added costs, and that the CPUC had already rejected similar requests. Committee members questioned the conservation and capital-investment effects of the different rate structures; the author and supporters argued decoupling helps utilities fund infrastructure while allowing lower fixed charges for low-use customers. The transcript ends during that discussion, before a final vote on SB 473 is shown.
NH
New Hampshire 2026 Regular Session
House Science, Technology and Energy (02/17/2026)
Science, Technology and Energy
Transcript Highlights:
- hoping that the Department of Energy hoping that the Department of Energy would<00:36:48.400>
- everything from energy efficiency everything from energy efficiency projects<00:41:11.520>
to - bill of course focuses on the energy bill of course focuses on the energy use.<00:45:49.599>
- <00:59:41.839>
to directs the Department of Energy to directs the Department of Energy to - Uh these could be energy markets.
TX
Transcript Highlights:
- energy affordability.
- where energy is abundant.
- Crusoe is very proud of our energy for Mark Whitman: energy first approach to data centers.
- to ERCOT in advance of our energy needs.
- These energy buyers all have distinct interests and energy use profiles, but one thing unites them all
Summary:
The Committee on State Affairs convened to discuss data centers and their impact on Texas's energy infrastructure. The meeting featured testimony from key representatives of the Public Utility Commission (PUC) and ERCOT, who outlined the evolving landscape of energy generation and the challenges posed by the rapid growth of data centers. Notably, ERCOT reported over 450,000 MW of generation resources planned for connection, with a significant portion attributed to data centers, which now represent around 87% of new large load interconnection requests.
The committee explored proposed changes to the interconnection process, including a new 'batch study' approach aimed at streamlining the approval of multiple projects simultaneously. This change is intended to address the challenges of managing numerous simultaneous requests and to provide more certainty for developers regarding their energy needs. Testimonies emphasized the importance of ensuring that the costs of infrastructure upgrades are borne by the data centers rather than residential ratepayers, with discussions around the financial commitments required from developers.
Several data center developers also provided testimony, highlighting the economic benefits of their projects, including job creation and increased local revenues. They expressed concerns about the potential for a moratorium on future growth due to the new interconnection rules and emphasized the need for a collaborative approach to address water usage and environmental impacts. The committee plans to continue discussions on these topics in future hearings, with a focus on balancing economic growth with energy reliability and resource management.
FL
Florida 2026 Regular Session
Environment and Natural Resources Jan 27th, 2026
Environment and Natural Resources
Transcript Highlights:
- and renewable energy alternatives.
- That's not always the case with clean energy alternatives, depending on what type of clean energy alternative
- We generate more energy than it's consumed. It's $115,000 annual energy savings.
- We generate more energy than it's consumed. It's $115,000 annual energy savings.
- When they elect our local leaders who campaign on renewable energy and clean energy, and we're going
Keywords:
stormwater systems, environmental standards, municipal infrastructure, engineering certifications, local compliance, Florida Department of Transportation, biosolids, agronomic rate, land application, environmental protection, Florida statutes, nutrient management, recordkeeping, farming, compost products, wastewater treatment, environment, sewage disposal, pollution control, reporting requirements
Summary:
The committee took up several environmental bills, beginning with SB 1682 on local administration of vessel restrictions. Senator Trumbull said the bill would give cities and counties tools to address abandoned, derelict, and long-term anchored vessels while following state standards and FWC guidance. Members from affected areas spoke in support, citing recurring derelict vessel problems and the difficulty and cost of removal once vessels sink. The bill was reported favorably.
The committee then heard SB 1468 on advanced wastewater treatment, which would require DEP to compile a detailed statewide report on wastewater treatment plants, including construction age, treatment levels, contaminant data, spill history, flood risk, and receiving waterbody impairment information. Florida Rural Water Association testified that any move to require advanced treatment for all plants over one MGD could create major financial burdens without dedicated funding. The bill was reported favorably. The committee also considered CS/SB 1294 on biosolids management, with a strike-all amendment adopted. Senator Bradley said the revised bill would require bulk Class AA biosolids fertilizer and compost products to be land applied only at agronomic rates and, absent a bona fide sale, only at permitted DEP-approved sites, with a transition date moved to July 1, 2028. Supporters said it would protect water quality and legitimate fertilizer and compost markets, while rural utilities asked for funding and flexibility. The committee reported the bill favorably.
Next, the committee took up CS/SB 1628 on net zero policies by governmental entities. Senator Avila said the bill would prohibit local governments and other governmental entities from adopting or funding net zero policies, imposing related fees or taxes, or operating cap-and-trade or carbon trading programs. The committee adopted an amendment clarifying the definition of carbon dioxide. The bill drew extensive debate: supporters argued it would protect residents and businesses from higher costs and preserve predictability, while opponents said it would block local climate and clean-energy policies, including electric buses, energy-efficiency measures, and climate resilience planning. After public testimony on both sides, the bill was reported favorably.
The committee also approved CS/SB 1474 on biosolids management, which Senator Gates said would require biosolids and septage to be treated at the highest practical level when wastewater treatment facilities are reasonably accessible and would bar Class B land application within 50 miles of a permitted wastewater facility. An amendment applying the statutory definition of septage was adopted, and the bill was reported favorably. Finally, the committee heard SB 558 on stormwater system standards. Senator Burgess said it would create statewide standards for municipal and county stormwater systems using FDOT guidelines and third-party inspections, with an amendment making technical changes and broadening who may perform inspections. Supporters said uniform standards could improve safety and reduce failures, while contractors, engineers, and industry groups warned it could raise costs, delay projects, and preempt stronger local standards. The bill remained under discussion as the transcript ended.
DE
Delaware 2025-2026 Regular Session
House of Representatives Legislative Session - Session 2 - 42nd Legislative Day- REASSEMBLE Part 1 Jun 30th, 2026
Delaware House Floor Meeting
Transcript Highlights:
- energy.
- as the clean energy.
- So it's not like a new energy, a new large energy user that would disrupt our power system.
- So it's not like a new energy, a new large energy user that would disrupt our power system.
- The energy. Correct. The energy comes from a regional grid. It'll pull the transmission.
Summary:
The House met on June 30, 2026, with opening ceremonies, guest introductions, a prayer, the Pledge of Allegiance, and a moment of silence for two deceased community members. Members also adopted Consent Calendar 29, which included House Concurrent Resolutions 153, 154, and 156, and passed House Concurrent Resolution 157 directing the State Lottery to report on iLottery options to support traditional lottery retailers, as amended to set a February 15, 2027 reporting deadline.
The chamber then considered several bills on agriculture, telecommunications, health, fire service standards, corrections, elections, and education. Among the measures passed were Senate Bill 53 on the Delaware Farm to Community Program, Senate Bill 307 on PSC authority for Lifeline telecom carriers, Senate Bill 339 clarifying advance health care directives, Senate Bill 235 extending manufactured home rent increase rules, Senate Bill 325 updating firefighter/EMS background check and membership standards, Senate Bill 309 discharging incarceration-related balances, Senate Bill 324 on constable-related handgun purchase exemptions, Senate Bill 94 on respiratory care practitioners and ECMO medication access, and Senate Bill 293 creating a licensure pathway for summer camp providers in the Purchase of Care program.
The House also passed Senate Substitute 2 for Senate Bill 100, proposing a constitutional amendment to protect the right to marry regardless of race or gender while explicitly preserving religious freedom. The bill drew extended debate, with supporters framing it as a safeguard against future rollbacks of marriage equality and opponents raising concerns about constitutionalizing an issue already in statute; several members explained changed votes and personal reflections before the final roll call, which passed 28-12. House Bill 188, which would allow unaffiliated voters to choose a party primary, also passed after amendment, despite some opposition over party-system effects.
Two measures were tabled or amended after debate: Senate Bill 233 on removing snow and ice from vehicles was initially tabled to consider a truck-driver exemption amendment, then the amendment failed and the bill later passed as amended; and Senate Joint Resolution 19 on studying health care costs was tabled briefly pending legal clarification. House Substitute 1 for House Bill 404, creating a three-year pilot program for AI and extended reality in schools, passed after testimony from the Department of Education emphasizing guardrails, data privacy, and teacher oversight. The transcript ends as House Bill 478 is being read in, but no final action on that bill appears in the provided text.
ND
North Dakota 2026 1st Special Session
Budget Section Regulatory Division Jun 24th, 2026
Transcript Highlights:
- And then finally, the Clean Sustainable Energy Authority.
- will be replaced with Department of Energy funding.
- solutions that provide lower-cost energy access... ...to develop energy solutions that provide lower-cost
- So the State Energy Research Center Fund is number 490.
- and outreach related to the state's energy resources.
Summary:
The committee received a compliance and budget update on Industrial Commission agencies and programs, including the Industrial Commission administrative office, the Oil and Gas Research Program, the Clean Sustainable Energy Authority, the State Energy Research Center, the Research Technology Park grant program, and related funds. Staff reviewed spending and balances for items such as electric grid resiliency grants, lignite research, enhanced oil recovery, the salt cavern business case study, and the new NDSU research and technology park grant. Members also discussed timing, carryover balances, matching requirements, and how some programs are structured to reimburse projects over several years rather than spend funds immediately.
Karen Tyler of the Industrial Commission described the agency’s administrative budget, the grant management system nearing completion, and the transition to standalone audits and staffing after separating from other agencies. She also outlined the status of active grant rounds across lignite, oil and gas, renewable energy, outdoor heritage, and clean sustainable energy programs. Members asked about the length of active grants, demand for clean energy funding, and the possibility of future grant rounds. Tyler and members also discussed the salt cavern study, the need to better define its commercial value, and the research technology park grant’s cash-match requirement.
Ron Ness then testified on enhanced oil recovery and broader oil and gas market conditions. He said North Dakota production remained steady, but future growth depends on infrastructure, longer laterals, and better use of natural gas and carbon dioxide for EOR. He described the state’s EOR grant round, the use of federal DOE funding to replace part of a state-funded project, and the expectation of additional grant rounds. Members asked about CO2 supply, storage, and the economics of using legacy fields and pipelines to extend oil production and support agriculture and industrial uses.
The committee also heard from Bank of North Dakota President Don Morgan, who reviewed the bank’s mission, governance, lending verticals, disaster programs, and new initiatives. He said the bank is seeing deposit growth flatten and is responding to fintech competition by focusing on liquidity, risk management, and a new payment infrastructure initiative called Rough Rider Coin, which he emphasized is not crypto and not a public coin, but a banking payment rail for North Dakota institutions. Members asked about student loan rates, disaster lending, and how the bank’s lines of credit and balance sheet capacity are affected by deposit trends. Morgan said the bank remains profitable and continues to support agriculture, commerce, and industry through participation loans, student lending, and state-directed programs.
NH
New Hampshire 2026 Regular Session
House Science, Technology and Energy (05/05/2026)
Science, Technology and Energy
Transcript Highlights:
- Low-cost, safe energy, reduce the cost of energy for everybody.
- of the energy prices across the country. of the energy prices across the country.
- <00:14:19.680>
I <00:14:19.920>like energy. People will use more. I like energy. - of energy u these can be put anywhere. of energy u these can be put anywhere.
- those require significant energy needs. those require significant energy needs.
HI
Hawaii 2025 Regular Session
EEP Public Hearing - Thu Jan 30, 2025 @ 9:00 AM HST
Energy & Environmental Protection
Transcript Highlights:
- House Bill 974, relating to energy.
- <00:12:16.120>
asset integrator and renewable energy asset integrator and renewable energy - the three critical renewable energy the three critical renewable energy projects<00:12:47.959>
provide reliable and affordable energy provide reliable and affordable energy to<00:13:16.120>- and renewable energy resources.
Summary:
The committee heard several energy and environmental bills. On HB 974, which would authorize state step-in agreements for certain power purchase agreements and create a trust fund/reserve mechanism, the Attorney General’s office raised concern that the state should not incur liability beyond the trust fund. The Division of Consumer Advocacy said it had comments but did not take a position, while the Public Utilities Commission, Ameresco, Hawaiian Electric, and other industry groups supported the measure, saying it would help developers secure financing for renewable projects and improve reliability. Hawaiian Electric said the bill would not use state funds and that its proposed reserve account would be held in trust and returned to customers if unused. Committee members questioned whether the reserve would raise customer costs; Hawaiian Electric said the amount would be small and would be offset by avoiding higher financing costs, while Consumer Advocacy suggested the language should be strengthened to ensure unused funds are fully returned.
The committee then heard HB 338, which would clarify that premium interest-rate adjustments for non-fossil fuel generation are just and reasonable and allow the PUC to include them in rates. DCCA and the State Energy Office supported the bill, and the PUC also supported it. Hawaiian Electric opposed unless amended, arguing the PUC already has discretion and warning the bill could weaken competitive procurement by encouraging higher bids tied to the utility’s credit rating. DCCA said the concern was that developers might not seek the best financing if premium rates are recoverable, but said Hawaiian Electric’s suggested amendment requiring clear and convincing evidence of unavoidable financing-cost increases would help. Members also asked about refinancing and whether developers could later lower debt costs after locking in a premium rate; DCCA said that ability exists and suggested a time limit or review mechanism.
For HB 337, which would direct the PUC to establish standards requiring utilities to remove certain fossil-fuel costs from the rate base when adding renewable resources, the Department of Hawaiian Home Lands, Hawaii Clean Power Alliance, and the State Energy Office supported the measure. Hawaiian Electric opposed it, saying it misunderstood utility cost recovery and could threaten grid reliability because fossil plants provide ancillary services such as voltage regulation and balancing, not just energy. Hawaiian Electric pointed to its integrated grid plan and recent fossil-unit retirements as evidence of ongoing transition, and asked the committee to defer the bill and leave oversight to the PUC. The committee also heard HB 879 on cesspool conversions, which would raise the maximum grant from $20,000 to $30,000 and add DOH positions; DHHL, DOH, environmental groups, Hawaii Realtors, and others supported it, while DOH discussed staffing needs and the practical effect of the higher grant cap. The committee also began HB 379 on requiring denitrification capacity for certain wastewater systems near shorelines or groundwater, with DLNR testifying in support.
TX