On March 5, 2025, the South Carolina Senate Judiciary Subcommittee convened to discuss critical energy policy issues, with a focus on the state's growing energy demands and the transition to cleaner energy sources. Hamilton Davis, Vice President of Regulatory Affairs for Energy Re, presented insights on the current energy landscape and the implications of proposed legislation.

Davis highlighted the rapid load growth in South Carolina, driven by economic development and the need to replace retiring coal capacity. He emphasized that many new businesses entering the state prefer cleaner energy options, which aligns with broader trends in energy consumption. The consensus among stakeholders is that while new gas and nuclear resources are anticipated, solar energy and energy storage present significant opportunities for growth.

A recent economic study commissioned by the solar industry revealed that solar energy currently contributes approximately $300 million annually to South Carolina's economy. Projections indicate that this impact could soar to $19 billion by 2035, creating over 3,300 permanent jobs and generating substantial construction investments. This underscores the importance of investing in energy infrastructure to support economic development.

Davis urged the committee to consider policy changes that would enhance the competitive procurement of renewable energy and storage resources. He criticized the current House Bill for lacking transparency and predictability in the procurement process, which he believes is essential for the Public Service Commission to effectively oversee integrated resource plans.

Concerns were also raised about potential rollbacks of policies established in 2019 that introduced competition into the energy market. Davis pointed out that changes to the appellate process and the ability of interveners to participate in regulatory proceedings could undermine transparency and accountability.

The discussion also touched on the siting act and the implications of changes to the standing definition for appeals related to energy permits. Davis expressed concern that these changes could limit the ability of affected parties to challenge decisions, which could have far-reaching consequences for regulatory oversight.

In conclusion, the meeting underscored the urgent need for South Carolina to adapt its energy policies to meet growing demands while transitioning to cleaner energy sources. As the committee continues to deliberate on these issues, the outcomes will significantly impact the state's economic future and its commitment to sustainable energy practices.