The bill amends the statutes related to public utilities and carriers in Rhode Island to enhance regional energy planning and procurement. It introduces new sections that allow public utility companies to participate in projects for the reliable transmission of nuclear power and/or large- or small-scale domestic or international hydroelectric power. The bill permits these utilities to procure nuclear power and enter into long-term contracts for both nuclear power and eligible renewable energy resources, while eliminating previous restrictions on large-scale hydroelectric power's eligibility under the renewable energy standard.

The bill outlines the responsibilities of the public utilities commission in approving proposals from electric and gas distribution companies that align with the chapter's objectives. It emphasizes the need for competitive processes in soliciting proposals for the purchase of power resources, including nuclear power and renewable energy resources. The commission is required to consider public comments on contracts and advisory opinions from state agencies regarding environmental and economic impacts, ensuring that energy infrastructure projects serve the public interest before granting approvals.

Additionally, a new section on severability is included, stating that if any provision of the chapter is held invalid, it will not affect the validity of other provisions. The act will take effect immediately upon passage, enabling public utilities to procure nuclear power and establish long-term transmission contracts.

Statutes affected:
5575: 39-26.1-4