Bill > SB140

This bill creates a new section in Missouri state law focused on electric reliability, specifically requiring electrical corporations to demonstrate they have sufficient capacity to meet future energy needs. The bill defines key terms such as "appropriate regional transmission organization" (like the Midcontinent Independent System Operator or Southwest Power Pool) and "sufficient capacity" as owned or contracted energy resources that meet planning reserve margins. The Missouri Public Service Commission is granted authority to require electrical corporations to annually submit documentation detailing their capacity plans for the upcoming year and three subsequent years. If an electrical corporation fails to have sufficient capacity due to imprudence, the commission can disallow associated costs in future proceedings and may require the corporation to submit a plan to resolve capacity deficiencies. The bill also allows the commission to conduct additional audits and reporting, and to create rules to implement these provisions, with the stipulation that any new rules must comply with existing state administrative rulemaking procedures. The overall goal appears to be ensuring long-term electric grid reliability and holding electrical corporations accountable for maintaining adequate energy resources.

Business and Industry

https://www.senate.mo.gov/25info/BTS_Web/Bill.aspx?SessionType=R&BillID=373