Bill > SB838

This bill modifies provisions related to nuclear energy by allowing nuclear energy to be included in the state's renewable energy portfolio requirements, alongside sources like wind and solar, for electricity generated from nuclear facilities that begin operation after August 28, 2026. It introduces "nuclear energy credits" (NECs) as tradeable certificates for nuclear-generated electricity, similar to existing "renewable energy credits" (RECs) for renewable sources. The bill also adjusts the timeline for meeting renewable energy portfolio requirements, extending the deadline for a seven and one-half percent requirement to 2027, and introduces provisions for "accelerated renewable buyers" who can use NECs and RECs to offset their energy load and receive exemptions from certain compliance costs. Additionally, it allows electric utilities to use energy savings from energy efficiency and demand-side measures to meet portfolio requirements and modifies the exemption criteria for electrical corporations based on their renewable and nuclear energy capacity.

Business and Industry

https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=274