The bill establishes a new section, 403.541, in the Florida Statutes to regulate and develop advanced nuclear reactors in the state. It aims to promote nuclear energy as a solution to meet Florida's energy needs, enhance reliability, and reduce electricity costs. The Florida Public Service Commission (PSC) is given the authority to oversee these reactors, requiring collaboration with the University of Florida's Nuclear Fuels and Materials Characterization Facility. The legislation mandates the creation of safety standards, permits for nuclear materials, and certifications for construction and significant design changes of advanced reactors, along with penalties for violations and rule adoption by the PSC in consultation with relevant departments.

Additionally, the bill amends existing statutes by removing the definition of "renewable energy" and introducing "clean energy," which includes energy from nuclear reactors. It revises the criteria for the PSC's evaluation of electric utility site plans and expands the definition of "applicant" to include entities beyond electric utilities. The bill allows for the construction of advanced nuclear reactors at existing power plant sites, provided they replace retired plants and do not exceed their capacity. It also clarifies that the PSC will be the sole authority in determining the need for electrical power plants, shifting from "shall" to "may" regarding its authority, and emphasizes the role of nuclear energy in this process. The provisions will not apply to reactors not connected to Florida's electrical grid, and the act is set to take effect on July 1, 2026.

Statutes affected:
H 1461 Filed: 366.02, 403.506, 403.519
H 1461 c1: 366.02, 403.506, 403.519
H 1461 c2: 403.503, 403.506, 403.519