ME LD343

Public Utilities Commission must issue annual requests for proposals by October 1st soliciting informational bids for establishing small modular nuclear reactors (350 megawatts or less) in Maine

Informational bids must include establishment costs, proposed location, timeline, and annual operational costs, but are non-binding on both the State and bidders

Commission must submit annual reports to the Legislature's energy and utility committee by January 15th, beginning in 2026, detailing bids received

Small modular nuclear reactors are defined as reactors with capacity no more than 350 megawatts, capable of single-site construction, and requiring U.S. Nuclear Regulatory Commission licensing

Law automatically repeals when Maine accepts a bid for establishing a small modular nuclear reactor