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Senate debate over expanding purchase‑power agreement authority includes Seabrook and nuclear procurement; DOE warns of ratepayer risks
Summary
SB 112 would broaden RSA 374:11 to allow purchase power agreements (PPAs) with a wider set of generation, including the possibility of contracting with Seabrook Station; NextEra and nuclear advocates supported the flexibility, while the Department of Energy and utilities warned about long‑term costs and market distortions.
Senate Energy and Natural Resources Committee members heard SB 112, introduced by Senator Kevin Avard (District 12). The bill would expand the state law authorizing purchase‑power agreements under New Hampshire Revised Statutes Annotated (RSA) 374:11 to permit utilities and state actors to consider a wider range of electric generation resources when pursuing long‑term contracts.
Supporters — including Michelle Gardner, executive director for NextEra Energy Resources in the Northeast, and Bruce Birkin (Ginfini Capital Group) representing Exeter Energy Resources — said the change would let New Hampshire participate in regional solicitations and potentially secure long‑term contracts for low‑cost, low‑carbon baseload generation such as Seabrook Station, a 1,250‑megawatt nuclear plant in New…
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