(1) There is established within the office a program and facility known as the Utah San Rafael Energy Lab to facilitate innovative energy research and development projects. (2) The lab shall: (a) receive and evaluate project proposals; (b) submit recommendations to the board for approval regarding specific project proposals based on the lab's evaluation; (c) conduct innovative energy technology research and development projects that have commercialization potential and support the state's energy policy goals; (d) enter into financial contracts with entities seeking to use the lab, with revenues deposited into the Utah Energy Research Fund created in Section 79-6-1002; (e) assess the viability of emerging energy solutions for deployment within the state, considering: (i) cost-effectiveness; (ii) dispatchability; (iii) sustainability; (iv) reliability; and (v) environmental impact; (f) provide analysis and recommendations to policymakers regarding energy system planning, infrastructure needs, and the value of different energy initiatives being considered within the state; and (g) collaborate with universities, industry partners, entrepreneurs, community representatives, and other research entities.
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