LCO No. 181 1 of 2
General Assembly Proposed Bill No. 424
January Session, 2025
LCO No. 181
Referred to Committee on ENERGY AND TECHNOLOGY
Introduced by:
SEN. ANWAR, 3rd Dist.
AN ACT CONCERNING THE REVIEW OF POWER PURCHASE
AGREEMENTS WITH NUCLEAR POWER GENERATING FACILITIES.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That the general statutes be amended to allow the Commissioner of 1
Energy and Environmental Protection to (1) review the terms of any 2
power purchase agreement entered into or approved by the 3
commissioner and a nuclear power generating facility on or before July 4
1, 2024, (2) require the disclosure of any contracts or other financial 5
arrangements entered into by a nuclear power generating facility 6
incidental to such power purchase agreement, and (3) withdraw from, 7
or withdraw approval for, any such agreement if the commissioner 8
determines that a disproportionate amount of funds paid to a nuclear 9
power generating facility pursuant to such agreement are being used for 10
capital projects or other expenses outside the state or if such withdrawal 11
is in the best interest of residents of the state. 12
Statement of Purpose:
To amend the general statutes to allow the Commissioner of Energy and
Environmental Protection to (1) review the terms of any power purchase Proposed Bill No. 424
LCO No. 181 2 of 2
agreement entered into or approved by the commissioner and a nuclear
power generating facility on or before July 1, 2024, (2) require the
disclosure of any contracts or other financial arrangements entered into
by a nuclear power generating facility incidental to such power
purchase agreement, and (3) withdraw from, or withdraw approval for,
any such agreement if the commissioner determines that a
disproportionate amount of funds paid to a nuclear power generating
facility pursuant to such agreement are being used for capital projects
or other expenses outside the state or if such withdrawal is in the best
interest of residents of the state.