Minnesota 2025-2026 Regular Session

Minnesota Senate Bill SF1435 Latest Draft

Bill / Introduced Version Filed 02/13/2025

                            1.1	A bill for an act​
1.2 relating to energy; requiring an advanced nuclear study; requiring a report;​
1.3 appropriating money.​
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.5 Section 1. ADVANCED NUCLEAR STUDY.​
1.6 Subdivision 1.Study required.(a) The commissioner of commerce must conduct a​
1.7study evaluating the potential costs, benefits, and impacts of advanced nuclear technology​
1.8reactor power generation in Minnesota.​
1.9 (b) At a minimum, the study must address the potential costs, benefits, and impacts of​
1.10advanced nuclear technology reactor power generation on:​
1.11 (1) Minnesota's greenhouse gas emissions reduction goals under the Next Generation​
1.12Energy Act, Laws 2007, chapter 136;​
1.13 (2) system costs for ratepayers;​
1.14 (3) system reliability;​
1.15 (4) the environment;​
1.16 (5) local jobs; and​
1.17 (6) local economic development.​
1.18 (c) The study must also evaluate:​
1.19 (1) current Minnesota statutes and administrative rules that would require modifications​
1.20in order to enable the construction and operation of advanced nuclear reactors; and​
1​Section 1.​
25-02444 as introduced​01/21/25 REVISOR RSI/HL​
SENATE​
STATE OF MINNESOTA​
S.F. No. 1435​NINETY-FOURTH SESSION​
(SENATE AUTHORS: MATHEWS, Gruenhagen and Weber)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​02/17/2025​
Referred to Energy, Utilities, Environment, and Climate​ 2.1 (2) the economic feasibility of replacing coal-fired boilers with advanced nuclear reactors,​
2.2while accounting for the avoided costs that result from the closure of coal-fired plants.​
2.3 Subd. 2.Report.The commissioner of commerce must submit the results of the study​
2.4under subdivision 1 to the chairs and ranking minority members of the legislative committees​
2.5having jurisdiction over energy finance and policy no later than January 31, 2026.​
2.6 Sec. 2. APPROPRIATION.​
2.7 $150,000 in fiscal year 2026 is appropriated from the general fund to the commissioner​
2.8of commerce to conduct the study and develop the report under section 1. This is a onetime​
2.9appropriation.​
2​Sec. 2.​
25-02444 as introduced​01/21/25 REVISOR RSI/HL​