This bill introduces the definition of "advanced nuclear resource" (ANR) and integrates it into the existing framework for utility services alongside renewable energy sources. Specifically, it defines ANR as generation IV nuclear technologies, including various types of reactors with generating capacities between 0 and 300 megawatts. The bill also amends existing laws to allow investor-owned electric distribution utilities to develop proposals for energy agreements, explicitly excluding ANR from the standard timeline for proposals, which can now be developed until June 30, 2035. Additionally, it extends the deadline for utilities to petition for authorization to enter agreements for ANR until June 30, 2036.

Furthermore, the bill clarifies the responsibilities of the coordinator of nuclear development and regulatory activities, emphasizing the need for coordination with other states and the U.S. Nuclear Regulatory Commission. It also includes provisions for managing funding and oversight of nuclear incentive programs, as well as outreach initiatives to educate the public on safety. The act is set to take effect 60 days after its passage and is noted to have no fiscal impact on state, county, or local expenditures or revenue.

Statutes affected:
Introduced: 374-F:2, 374-F:3, 374-G:4
As Amended by the House: 374-F:2