Bill > AB1280

This bill expands California's existing energy programs to support industrial decarbonization and clean energy initiatives. Specifically, it authorizes the California Infrastructure and Economic Development Bank (I-Bank) to provide financial assistance for new climate catalyst projects focused on decarbonizing industrial facilities' heat and power usage, such as industrial heat pump and thermal energy storage projects. The bill establishes an Industrial Facilities Thermal Energy Storage Program within the existing Long-Duration Energy Storage Program, which will provide financial incentives for eligible projects that help shift industrial facilities away from fossil fuels. The legislation also renames the Industrial Grid Support and Decarbonization Program to the Industrial Decarbonization and Improvement of Grid Operations Program, adding a goal of reducing health-harming pollutants. The bill introduces several key requirements for projects, including preferences for projects in under-resourced communities, mandates for project labor agreements, workforce training components, and pollution remediation plans for facilities with air permit violations. Additionally, the bill requires that project work by construction contractors be performed under project labor agreements and gives preference to projects that increase renewable energy use, reduce grid stress, and provide employment opportunities in disadvantaged communities.

Agriculture and Natural Resources, Budget and Finance, Transportation and Infrastructure

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