I like the short name for this bill, Hydroelectricity & Pumped Hydro, on the General Assembly website.
I think you should generate hydroelectric power where you can. There are many facilities already in place ripe for retrofitting.
Pumped hydro plans include wind or solar to pump water to an uphill reservoir during the day to generate hyroelectric power at night. The water is stored in afterbay for pumping back uphill the next day or during the next wind event.
Here’s a report from Patrick Malone writing for The Pueblo Chieftain. From the article:
The legislation addresses the opportunity for energy companies to approach the Public Utilities Commission with “clean energy projects in the hydro and hydro-pumpback arena as a viable resource for electrical energy,” said state Rep. Keith Swerdfeger, R-Pueblo West, who is sponsoring the bill. “If the projects are cost-effective and benefit the ratepayers, we need to put that on the table.”
State Sens. Angela Giron, D-Pueblo, and Kevin Grantham, R-Canon City, are Senate sponsors of the bill. It would add hydroelectricity to the category of new energy technologies that the PUC can consider and authorize incentives for power companies for energy acquisition. “It’s all-around good,” Giron said. “This is a bipartisan bill with Southern Colorado jobs and clean energy in mind.”