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Committee refers SB 112 on purchased power agreements and nuclear procurement to interim study (16-1)
Summary
Senate Bill 112, which would enable long-term purchased-power agreements that could include advanced nuclear and existing generation, was referred for interim study by the Science, Technology and Energy Committee on a 16-1 vote. Members raised questions about ratepayer risk, carve-outs for existing nuclear plants, and a 1,000,000 MWh reservation.
The Science, Technology and Energy Committee voted 16-1 in executive session to refer Senate Bill 112 for interim study after a lengthy work-session debate about the bill's scope and potential ratepayer impacts.
What the bill would do: SB 112 would authorize electric distribution utilities to enter purchased-power agreements (PPAs) and includes language to allow procurement specifically for "advanced nuclear resources" and, as amended in committee discussion, existing resources that already supply energy to ISO New England markets. The committee's draft amendment (299h) would define "advanced nuclear reactor" by reference to the federal statutory definition and reserve up…
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