FIRSTREGULARSESSION HOUSECOMMITTEESUBSTITUTEFOR HOUSEBILLNO.476 103RDGENERALASSEMBLY 1579H.02C JOSEPHENGLER,ChiefClerk ANACT Toamendchapter393,RSMo,byaddingtheretoonenewsectionrelatingtoclosureof electricpowerplants. BeitenactedbytheGeneralAssemblyofthestateofMissouri,asfollows: SectionA.Chapter393,RSMo,isamendedbyaddingtheretoonenewsection,tobe 2knownassection393.401,toreadasfollows: 393.401.1.Forpurposesofthissection,thefollowingtermsshallmean: 2 (1)"Dispatchablepowerresource",asourceofelectricitythatis,undernormal 3operatingconditions,availableforuseondemandandthatcanhaveitspoweroutput 4adjustedaccordingtomarketneeds,exceptduringroutinemaintenanceandrepair; 5 (2)"Electricalcorporation",thesameasdefinedinsection386.020,butshallnot 6includeanelectricalcorporationasdescribedinsubsection2ofsection393.110; 7 (3)"Existingelectricgeneratingpowerplant",athermalpowerplantofover 8onehundredmegawattsinnameplatecapacity,ageneratingunitatathermalpower 9plantwithanameplatecapacityofoveronehundredmegawatts,ortwoormore 10generatingunitsatathermalpowerplantwithacombinednameplatecapacityofover 11onehundredmegawatts; 12 (4)"Regionaltransmissionoperator",aregionaltransmissionorganization, 13independentsystemoperator,orequivalententityapprovedbytheFederalEnergy 14RegulatoryCommission,orsuccessoragency,thatexercisesfunctionalcontrolover 15electrictransmissionfacilitieslocatedwithinthisstate; 16 (5)"Reliableelectricgeneration",electricgenerationmeetingtheaccreditation 17requirementsprovidedforinthissection; EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 18 (6)"Unexpectedorunplannedcauseorevent",anaturaldisaster,physical 19sabotage,equipmentfailureordamagecausingaforcedprolongedoutage,oran 20adversedecisionofacourtorachangeinastateorfederallaworregulationwhich 21causestheclosureofanexistingelectricgeneratingplant. 22 2.PriortotheclosureofanexistingelectricgeneratingpowerplantinMissouri 23iftheclosureoccursonorafterJanuary1,2026,andsubjecttosubsection3ofthis 24section,anelectricalcorporationregisteredanddoingbusinessinthisstateshallfirst 25certifytothepublicservicecommissionthatsuchutilitycompanyhassecuredand 26placedontheelectricgridanequalorgreateramountofreliableelectricgenerationas 27accreditedpowerresourcesbasedontheregionaltransmissionoperator'sresource 28accreditationforthereliableelectricgenerationtechnologyatissuewithconsideration 29oftheelectricalcorporation'santicipatedlossofload,ifany.Todetermineifanequalor 30greateramountofreliableelectricgenerationisbeingplacedontheelectricgridto 31replacetheexistingelectricgeneratingpowerplantthatistobeclosed,theelectrical 32corporationshallcomparetherelevantregionaltransmissionoperator'saverageofthe 33summerandwinteraccreditedcapacityforthegenerationtechnologyoftheto-be-closed 34existingelectricgeneratingpowerplanttotherelevantregionaltransmissionoperator's 35averageofthesummerandwinteraccreditedcapacityforthegenerationtechnologyof 36thereplacementreliableelectricgenerationwithconsiderationoftheelectrical 37corporation'santicipatedlossofload,ifany.Suchaverageofthesummerand 38winteraccreditedcapacityforthereplacementreliableelectricgenerationshallequalor 39exceedsuchaverageofthesummerandwinteraccreditedcapacityfortheexisting 40electricgeneratingplantthatistobeclosedwithconsiderationoftheelectrical 41corporation'santicipatedlossofload,ifany.Dispatchablepowerresourcesshall 42compriseatleasteightypercentoftheaverageofthesummerandwinteraccredited 43capacityofthereplacementreliableelectricgeneration. 44 3.Withrespecttothereplacementreliableelectricgenerationrequiredby 45subsection2ofthissection,adequateelectrictransmissionlinesshallbeinplaceandthe 46replacementreliableelectricgenerationshallbefullyoperationalconcurrentlywiththe 47closureoftheexistingelectricgeneratingplant,exceptwheresomeorallofthe 48replacementreliableelectricgenerationutilizessomeoralloftheinterconnection 49facilitiesusedbytheexistingelectricgeneratingpowerplant,orwheretheexisting 50electricgeneratingpowerplantisclosedasaresultofanunexpectedorunplannedcause 51orevent.Intheeventthatsomeorallofthereplacementreliableelectricgeneration 52utilizessomeoralloftheinterconnectionfacilitiesutilizedbytheexistingelectric 53generatingpowerplant,thensuchreplacementfacilitiesshallbefullyoperationalwithin 54onehundredeightydaysoftheclosureoftheexistingelectricgeneratingpowerplant. HCSHB476 2 55Intheeventthattheexistingelectricgeneratingpowerplantisclosedasaresultofan 56unexpectedorunplannedcauseorevent,thenthefollowingprocessshallapply: 57 (1)Withinonehundredtwentydaysaftertheeventcausingtheclosureoccurs, 58theelectricalcorporationshallfileanapplicationwiththecommissionoutliningitsplan 59toinstallreplacementreliableelectricgeneration.Theapplicationshallspecifythe 60generationtechnologytheelectricalcorporationproposestobeusedforthe 61replacement,itsestimatedcost,andshalldemonstratethatthereplacementreliable 62electricgeneration'saverageaccreditedcapacityisequaltoorgreaterthantheaverage 63accreditedcapacityoftheclosedplantaccordingtotheprocessoutlinedinsubsection2 64ofthissection.Theapplicationunderthissectionshallbesubmittedtothecommission 65priortotheelectricalcorporation'sfilingofanapplicationtothecommissionunder 66subsection1ofsection393.170.Withintwohundredseventydaysoftheapplication's 67filing,thecommissionshalleitherapproveordenytheelectricalcorporation's 68application. 69 (2)Promptlyafterissuanceofthecommission'sorderundersubdivision(1)of 70thissubsection,theelectricalcorporationshallproceedanduseallreasonableeffortsto 71procure,build,andplaceintooperationtheapprovedalternativereliablegeneration. 72Duringanyperiodsallowedbythissubsectionwherethereplacementreliableelectric 73generationisnotfullyoperationalbythetimeoftheclosureoftheexistingelectric 74generatingpowerplant,theelectricalcorporationshalluseallreasonableeffortsto 75contractfororotherwiseacquireadditionalavailablefirmgeneratingcapacityina 76quantitynecessarytomeettheplanningreservemarginrequirementoftheregional 77transmissionoperatorinwhichtheelectricalcorporationoperateswithoutrelianceon 78suchreplacementreliableelectricgeneration.Atsuchtimeassuchreplacementreliable 79electricgenerationisfullyoperational,suchadditionalavailablefirmgenerating 80capacityshallnolongerberequiredunderthissection.Anelectricalcorporationshall 81notenterintoavoluntaryornegotiatedsettlementwithathirdpartythatrequires 82closureofanexistingelectricgeneratingplantunlesstheelectricalcorporation 83determinesthatsuchasettlementisinthebestinterestofitscustomersandwould 84maintainelectricreliability.Electricalcorporationsshallnotenterintosucha 85settlementinordertomeetpollutionreductionorothercorporateorsocietalgoals 86beyondthoserequiredbylaw. 87 4.(1)Theaverageofthesummerandwinteraccreditedcapacityofthe 88replacementreliableelectricgenerationdeterminedinaccordancewithsubsection2of 89thissectionshallbeequaltoorgreaterthantheaveragesummerandwinteraccredited 90capacityoftheto-be-closeddispatchableexistingelectricgeneratingpowerplant 91determinedinaccordancewithsubsection2ofthissection,usingtheregional HCSHB476 3 92transmissionoperator'sresourceaccreditationasofthetimeoftheelectrical 93corporation'sapplicationtothecommissionundersubsection1ofsection393.170 94withconsiderationoftheelectricalcorporation'santicipatedlossofload,ifany. 95 (2)Thecommissionmayconsiderinformationregardinganticipatedlossofload 96submittedbytheelectricalcorporationtothepertinentregionaltransmissionoperator 97forpurposesofitslongtermresourceplans.Aspartofitsapprovalofthereplacement 98reliableelectricgenerationundersubsection1ofsection393.170,thepublicservice 99commissionshallcertifythattherequirementsofthissubsectionshallbemetbythe 100replacementreliableelectricgeneration. 101 (3)Ifinformationissubmittedtothecommissionthattheelectricalcorporation 102hasexperiencedasignificantandlong-termlossofload,pursuanttothissection,the 103commission,priortoareviewofpotentialreplacementreliableelectricgenerationunder 104subsection1ofsection393.170,shalldetermineiftheacquisitionorconstructionoffull 105replacementgenerationisinthepublicinterest.Ifthecommissiondeterminesthatfull 106replacementgenerationisnotinthepublicinterest,therequirementsofsubsection2of 107thissectionshallnotapply. 108 5.SuchreliableelectricgenerationmaybeconstructedinMissouriorinastate 109thatneighborsMissouri,ifthegenerationisconnectedtotheelectricgridoftheregional 110transmissionoperatorofwhichtheelectricalcorporationisamemberorislocatedina 111neighboringregionaltransmissionoperatorwhichalsooperatesinMissouriandshares 112aseamwiththatmember'sregionaltransmissionoperator. 113 6.Onorbeforethedatethatthenewreliableelectricgenerationisplacedin 114service,theelectricalcorporationshallprovidecertificationtothepublicservice 115commission,thegeneralassembly,andthegovernorthatithasmettherequirementsof 116thissection. 117 7.Totheextentexistingelectricgeneratingpowerplantcapacityisreplaced 118pursuanttothissection,suchcapacityshallnotbereplacedby"replacementresources" 119undersection393.1705. ✔ HCSHB476 4