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AR SB596

AR SB596
To Amend The Law Regarding Energy; To Establish A State Energy Policy; To Regulate Retirement Of Dispatchable Electric Generation Facilities; And To Declare An Emergency.


summary

Introduced
03/31/2025
In Committee
04/15/2025
Crossed Over
04/07/2025
Passed
04/16/2025
Dead
Signed/Enacted/Adopted
04/22/2025

Introduced Session

95th General Assembly (2025 Regular)

Bill Summary

AN ACT TO AMEND THE LAW REGARDING ENERGY; TO ESTABLISH A STATE ENERGY POLICY; TO REGULATE RETIREMENT OF DISPATCHABLE ELECTRIC GENERATION FACILITIES; TO DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES.

AI Summary

This bill establishes a comprehensive state energy policy for Arkansas with multiple key objectives. The legislation creates a framework that prioritizes developing an adequate, affordable, reliable, and secure electric generation and transmission system. It aims to remove policy barriers to diverse electric generation, foster innovation, and reduce dependence on international energy sources. The bill specifically regulates the retirement of dispatchable electric generation facilities (power plants that can generate electricity on demand, such as those using water, coal, natural gas, geothermal, biomass, or nuclear power) by requiring public utilities to obtain approval from the Arkansas Public Service Commission before retiring any facility over 100 megawatts. There is a strong presumption against retiring such facilities, and utilities must demonstrate that any retirement is in the public interest by proving they will replace the facility with equally or more capable dispatchable resources, avoid harming ratepayers, and ensure grid reliability. The bill also encourages promoting energy education, developing a secure energy supply chain, maintaining stable consumer prices, and supporting local economic development. An emergency clause is included, highlighting the urgency of managing electric generating resources to protect employment, tax revenue, and utility rates.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Notification that SB596 is now Act 940 (on 04/22/2025)

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