SB 709 - This act provides that prior to the closure of an existing electric generating power plant, as defined in the act, an electric utility company, registered and doing business in Missouri, shall first certify that such electric utility company has secured and placed on the electric grid an equal or greater amount of reliable electric generation, as defined in the act. Adequate electric transmission lines shall be in place and the new reliable electric generation shall be fully operational. The new reliable electric generation shall be equal to or greater than the full nameplate capacity of the existing electric generating power plant and shall be certified as an equal or greater amount of reliable electric generation by the Missouri Public Service Commission and the regional reliability organization in which the electric utility operates.
Such reliable electric generation may be constructed outside the state if it is connected to the utilities regional electric grid. The electric utility may use purchase power agreements to meet all or part of its reliable electric generation requirements as described in the act.
On or before the official date of the existing electric generating power plant closure, the electric utility company shall provide certification to the Public Service Commission, the General Assembly, and the Governor that it has met the requirements of this section.
This act is identical to SB 717 (2023).
JULIA SHEVELEVA