42 | 64 | | |
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43 | 65 | | An Act relating to nuclear energy; defining terms; |
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44 | 66 | | requiring certain notice and report to the |
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45 | 67 | | Corporation Commission prior to retirement o f a coal- |
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46 | 68 | | fired electric generation facility; specifying |
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47 | 69 | | contents of certain report; requiring issuance of |
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48 | 70 | | final order by the Commission for replacement |
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49 | 71 | | findings; directing rule promulgation; authorizing a n |
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50 | 72 | | entity to construct a nuclear power plant under |
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51 | 73 | | certain circumstances; requiring entity to establish |
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52 | 74 | | secondary facility for cert ain purpose within certain |
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53 | 75 | | postal code; requiring certain entity to submit |
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54 | 76 | | letter of intent and application to the Department of |
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55 | 77 | | Environmental Quality ; establishing application |
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56 | 78 | | contents; providing for codification; and providing |
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57 | 79 | | an effective date. |
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58 | 80 | | |
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59 | 81 | | |
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60 | 82 | | |
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61 | 83 | | BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: |
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62 | 84 | | SECTION 1. NEW LAW A new section of law to be codified |
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63 | 85 | | in the Oklahoma Statutes as Section 158 of Title 17, unless there is |
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64 | 86 | | created a duplication in numbering, reads as follow s: |
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65 | 87 | | A. As used in this act: |
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66 | 88 | | 1. “Advanced nuclear reactor s” means nuclear reactor s, |
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67 | 89 | | including small modular reactors or any necessary ancillary |
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68 | 90 | | facilities or structures, that are authorized by the United States |
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95 | 141 | | |
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96 | 142 | | Nuclear Regulatory Commission and the Department of Environmental |
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97 | 143 | | Quality as prescribed in Section 2 of this act; and |
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98 | 144 | | 2. “Retire” means the closure of or the complete and permanent |
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99 | 145 | | cessation of operations at an electric ge neration facility. |
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100 | 146 | | B. 1. If an electric utility doing business in this state |
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101 | 147 | | elects to retire a coal -fired electric generation facility, the |
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102 | 148 | | utility shall submit a written notice and report to the Corporation |
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103 | 149 | | Commission, in the form and manner prescribed by the Commission, of |
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104 | 150 | | the retirement and disclose any preliminary plans regarding the |
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105 | 151 | | replacement of the coal -fired electric generation facility. The |
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106 | 152 | | notice and report shall include a cost study of replacement options |
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107 | 153 | | for the coal-fired electric generati on facility. |
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108 | 154 | | 2. The electric utility shall prioritize the replacement of the |
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109 | 155 | | coal-fired electric generation facility with an advanced nuclear |
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110 | | - | reactor or a natural gas -powered electric generation facility. If |
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111 | | - | the utility does not intend t o replace the facility with an advanced |
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112 | | - | nuclear reactor or a natural gas -powered electric gene ration |
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113 | | - | facility, the utility shall submit in writing the reasoning and |
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114 | | - | evidence supporting the findings of the utility. The Corporation |
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115 | | - | Commission shall issue a final order approving or disapproving the |
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116 | | - | replacement option submitted for a retiring coal -fired electric |
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117 | | - | generation facility. |
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| 156 | + | reactor. If the utility does not intend to replace the facility |
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| 157 | + | with an advanced nuclear reactor, the utility sh all submit in |
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| 158 | + | writing the reasoning and evidence supporting the findings of the |
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| 159 | + | utility. The Corporation Commission shall issue a final order |
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| 160 | + | approving or disapproving the replacement option submitted for a |
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| 161 | + | retiring coal-fired electric generation facility . |
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149 | 217 | | D. The Corporation Commission shall promulgate rules to |
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150 | 218 | | effectuate the provisions of this section. |
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151 | 219 | | SECTION 2. NEW LAW A new section of law to be codified |
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152 | 220 | | in the Oklahoma Statutes as Section 2 -7-501 of Title 27A, unless |
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153 | 221 | | there is created a duplicat ion in numbering, reads as follows: |
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154 | 222 | | A. For the purposes of this section, “qualified entity” or |
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155 | 223 | | “entity” means an entity that has complied with federal and state |
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156 | 224 | | requirements for constructing a nuclear power plant and has had its |
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157 | 225 | | application approved by th e Department of Environmental Quality |
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158 | 226 | | pursuant to this section. An entity that seeks to construct a |
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159 | 227 | | nuclear power plant in this state shall be deemed a qualified entity |
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160 | 228 | | under this section provided that the entity follows the regulations |
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161 | 229 | | and guidance of the United States Nuclear Regulatory Commission and |
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162 | 230 | | is granted the necessary lic enses under 10 C.F.R., Part 50. |
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163 | 231 | | B. The Department of Environmental Quality and the Corporation |
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164 | 232 | | Commission shall promulgate rules in accordance with federal |
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165 | 233 | | regulations for the p urpose of creating a regulatory environment for |
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166 | 234 | | a qualifying entity to construct a nuclear power plant. |
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167 | 235 | | C. 1. An entity seeking to construct a nuclear power plant |
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168 | 236 | | under this section shall also construct a facility, either at the |
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169 | 237 | | plant location or within the same five-digit zip code of the |
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199 | 291 | | 2. An entity seeking to construct a nuclear power plant under |
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200 | 292 | | this section shall, in a form to be prescribed by the Department, |
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201 | 293 | | submit a letter of intent to construct the plant and facility and an |
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202 | 294 | | application for approval of the construction. The application shall |
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203 | 295 | | include but not be limited to: |
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204 | 296 | | a. the projected dates for beginning and completing |
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205 | 297 | | construction, |
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206 | 298 | | b. the location of the proposed nuclear power plant and |
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207 | 299 | | facility, |
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208 | 300 | | c. copies of any applications, c orrespondence, or forms |
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209 | 301 | | submitted in accordance with the requirements of the |
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210 | 302 | | United States Nuclear Regulatory Commission , |
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211 | 303 | | d. any statistics or information conveying the cost - |
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212 | 304 | | effectiveness, efficiency, and energy -saving potential |
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213 | 305 | | of the proposed facility , and |
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214 | 306 | | e. any other information deemed necessary by the |
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215 | 307 | | Department for approval. |
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216 | 308 | | D. The Department shall promulgate any rules necessary to |
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217 | 309 | | effectuate the provisions of this section. |
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218 | 310 | | SECTION 3. This act shall become effective November 1, 2025. |
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