25994.13.
(a) To receive a grant pursuant to Section 25994.14, the operator of a generation facility shall, on or before January 1, 2027, develop and submit to the department business plans pursuant to guidelines established by the department. The business plans may include a carbon sequestration component.(b) The department shall establish guidelines that, at minimum, incorporate all of the following criteria:
(1) (A) On or before January 1, 2030, if the department estimates feasible market demand and technology readiness, as determined pursuant to subdivision (a) of Section 25994.12, for products from advanced bioenergy technology facilities, the operator of the generation facility shall, within two years of the department’s estimation, begin converting the existing generation facility to an advanced bioenergy technology facility.
(B) The department may provide assistance through the grant program established pursuant to Section 25994.14 to those converted generation facilities to obtain offtake agreements for new products.
(2) After January 1, 2030, if the department determines that feasible market demand and technology readiness is estimated in the updated assessment required pursuant to subdivision (b) of Section 25994.12, the operator of the generation facility shall, within two years of the department’s estimation, begin converting the facility to an advanced bioenergy technology facility.
(3) Ensure the business plans described in this subdivision are consistent, as applicable, with the State Board of Forestry and Fire Protection’s Joint Institute Recommendations to Expand Wood and Biomass Utilization in California approved on November 4, 2020.