The bill proposes changes to Minnesota's current energy legislation by amending the definition of "carbon-free" within state statutes. The amended definition will mean any technology that produces electricity without releasing carbon dioxide into the atmosphere. Specifically, it now includes technologies that use wood chips from timber harvesting byproducts or discarded wood products to generate at least 50% of a utility’s annual retail electricity sales in Minnesota. Additionally, the bill lists several sources of energy considered eligible for generating electricity under this definition, such as solar, wind, hydroelectric, hydrogen, and biomass, with specific conditions and exceptions for each type. The definition also clarifies what constitutes an electric utility and introduces the concept of an "environmental justice area," which targets support to regions with socio-economic or demographic challenges.