As used in this part 2, unless the context otherwise requires:
"Electric utility" means an investor-owned electric utility subject to regulation underarticles 1 to 7 of this title 40.
"Energy storage system" means commercially available technology that is capable ofretaining energy, storing the energy for a period of time, and delivering the energy after storage by chemical, thermal, mechanical, or other means.
"Procure" or "procurement" means to acquire by ownership or by a contractual rightto use the energy from, or the capacity of, an energy storage system.
Source: L. 2018: Entire part added, (HB 18-1270), ch. 360, p. 2152, § 2, effective August 8.