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Committee hears bill to expand utilities’ power‑purchase authority to existing generators, including nuclear
Summary
Sen. Kevin Avard’s SB 112 would broaden RSA 374:11 to allow purchase power agreements with a wider set of generation resources, including existing plants such as Seabrook Station; supporters said long‑term contracts can reduce volatility while the Department of Energy and utilities warned of potential long‑term costs and market distortions.
Sen. Kevin Avard (District 12) told the Senate Energy and Natural Resources Committee that Senate Bill 112 would expand the state’s authority under RSA 374:11 to allow distribution utilities and the Department of Energy to enter purchasing arrangements with a broader set of generation sources, including existing facilities.
Michelle Gardner, executive director for NextEra Energy Resources in the Northeast, said New Hampshire is home to Seabrook Station and should be able to participate in multistate solicitations or procurements. "This bill…would provide policymakers the ability to enter…
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