The Legislative Assembly finds and declares that, consistent with the transmission planning requirements provided for by the Federal Energy Regulatory Commission, it shall be the policy position of the State of Oregon that any regional transmission planning processes conducted for the transmission planning regions that wholly or partly encompass any areas of this state shall adequately consider the transmission of electricity from ocean renewable energy generated within Oregons territorial sea, as defined in ORS 196.405, or within adjacent federal waters. Note: 757.811 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 757 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation. (Temporary provisions relating to participation in regional energy market) Note: Sections 1, 2 and 3, chapter 67, Oregon Laws 2024, provide: Sec. 1. (1) As used in this section, investor-owned utility means a public utility, as defined in ORS 757.005, that provides electric power and is regulated by the Public Utility Commission under ORS chapter 757. (2) An investor-owned utility that sells more than two million megawatt hours of electricity in a calendar year shall report to the Legislative Assembly no later than January 15 of the following year to inform the Legislative Assembly of activities, including plans or preparations, that the investor-owned utility has taken or is taking toward participating in a regional energy market. Sec. 2. Section 1 of this 2024 Act applies to calendar years beginning on or after January 1, 2024. Sec. 3. Sections 1 and 2 of this 2024 Act are repealed on January 2, 2031. OREGON COMMUNITY POWER (Definitions)
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