MN HF4462

Commissioner of commerce must conduct a study evaluating the potential costs, benefits, and impacts of advanced nuclear technology reactor power generation in Minnesota.

Study must address impacts on greenhouse gas emissions reduction goals, system costs for ratepayers, system reliability, environment, local jobs, and local economic development.

Study must evaluate Minnesota statutes and administrative rules requiring modifications to enable advanced nuclear reactor construction and operation, and economic feasibility of replacing coal-fired boilers with advanced nuclear reactors.

Commissioner must submit study results to legislative committee chairs and ranking minority members having jurisdiction over energy finance and policy by January 31, 2023.

$150,000 appropriated from general fund in fiscal year 2023 to commissioner of commerce for conducting the study and developing the report.