Louisiana Revised Statutes 51:3061 – The legislature hereby finds and declares that:
Terms Used In Louisiana Revised Statutes 51:3061
- Bioenergy with carbon capture and storage: means the process of capturing and permanently storing carbon dioxide from biomass energy generation. See Louisiana Revised Statutes 51:3062
- Net energy metering: means measuring the difference between electricity supplied by an electric utility and the electricity generated by a net energy metering customer and sold back to the electric utility over the applicable billing period. See Louisiana Revised Statutes 51:3062
The legislature hereby finds and declares that:
(1) Net energy metering encourages the use of renewable energy resources and renewable energy technologies. Increasing the consumption of renewable energy resources promotes the wise use of Louisiana’s natural energy resources to meet a growing energy demand, increases Louisiana’s use of indigenous energy fuels and fosters investment in emerging renewable technologies to stimulate economic development and job creation in the state.
(2) Louisiana should actively encourage the manufacture of new technologies through promotion of emerging energy technologies. Net energy metering could help to further attract energy technology manufacturers, providing a foothold for these technologies in the Louisiana economy, and easier customer access to these technologies.
(3) Energy produced from forest products’ manufacturing bioenergy feedstocks shall be considered renewable and carbon neutral. When paired with carbon capture technologies, known as bioenergy with carbon capture and storage, it may be considered carbon negative.
(4) Energy produced from agricultural harvesting, including bagasse produced from sugarcane processing, shall be considered renewable and carbon neutral. When paired with carbon capture technologies, known as bioenergy with carbon capture and storage, it may be considered carbon negative.
Acts 2003, No. 653, §1, eff. Oct. 1, 2003; Acts 2022, No. 275, §1.