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ME LD343

ME LD343
An Act to Direct the Public Utilities Commission to Seek Informational Bids Regarding Small Modular Nuclear Reactors in the State


summary

Introduced
01/30/2025
In Committee
01/30/2025
Crossed Over
05/28/2025
Passed
Dead

Introduced Session

132nd Legislature

Bill Summary

This bill requires the Public Utilities Commission to annually issue a request for informational bids for the establishment in the State of a small modular nuclear reactor, which is a nuclear reactor that has a rated generating capacity of no more than 350 megawatts, is capable of being constructed and operated at a single site on its own or in combination with one or more nuclear reactors and is required to be licensed by the United States Nuclear Regulatory Commission. The requests are for information only, including the timing for establishing a modular reactor and the cost, location and annual operating costs of a modular reactor, and are not binding on the State or the person submitting the information but may be used in developing a contract. The commission is required to make an annual report to the joint standing committee of the Legislature having jurisdiction over energy and utility matters detailing the informational bids received. The provisions of this legislation are repealed when the State accepts a bid for the establishment of a small modular nuclear reactor. The commission is required to notify the Revisor of Statutes when the State accepts a bid for the establishment of a small modular nuclear reactor.

AI Summary

This bill directs the Public Utilities Commission (PUC) to annually solicit informational bids for establishing small modular nuclear reactors (SMRs) in the state. An SMR is specifically defined as a nuclear reactor with a generating capacity of 350 megawatts or less, capable of being constructed at a single site, and requiring licensing from the U.S. Nuclear Regulatory Commission. Starting October 1st each year, the PUC must request proposals that include detailed information about potential SMR projects, such as manufacturing or transportation costs, proposed location, implementation timeline, and annual operational expenses. These bids are purely informational and not legally binding, but they may be used to develop future contracts. Beginning in 2026, the PUC is required to submit an annual report to the legislative committee overseeing energy and utility matters, detailing the received bids and allowing that committee to potentially propose related legislation. The bill's provisions will automatically be repealed once the state accepts a bid for establishing an SMR, at which point the PUC must notify the Revisor of Statutes.

Committee Categories

Transportation and Infrastructure

Sponsors (9)

Last Action

Carried over, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800. (on 06/25/2025)

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