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MO HB822
Bill
Status
2/4/2015
Primary Sponsor
Bart Korman
Click for details
AI Summary
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Requires all Missouri utilities to generate 2% of retail electricity sales from small modular nuclear reactors (under 300 megawatts capacity) once a production facility becomes operational in the state
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The nuclear energy standard takes effect only after a Missouri-based SMR production facility has manufactured at least three reactors that are legally available for sale or use
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Utilities must comply with the 2% requirement no less than three years after the production facility becomes operational, with the Public Service Commission setting the specific timeline
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Utilities may petition the commission for an exemption to meet the 2% requirement through renewable, hydroelectric, or renewable energy credits instead, if they demonstrate undue hardship or lack of increased energy demand
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SMR production facilities may receive up to $150 million annually in state job creation, worker training, and infrastructure development program benefits, with these amounts excluded from aggregate caps on such programs
Legislative Description
Establishes requirements for utilities regulated by the public service commission regarding the usage of nuclear generated power under certain circumstances
Last Action
Public Hearing Completed (H)
4/7/2015