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SF 700

1st Engrossment - 90th Legislature (2017 - 2018) Posted on 11/09/2017 10:43am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - 1st Engrossment

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A bill for an act
relating to energy; allowing adjustment to the biomass fuel requirement by new
or amended power purchase agreement or early termination; amending Minnesota
Statutes 2016, section 216B.2424, by adding a subdivision.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2016, section 216B.2424, is amended by adding a subdivision
to read:


new text begin Subd. 9. new text end

new text begin Adjustment of biomass fuel requirement. new text end

new text begin (a) Notwithstanding any provision
in this section, a public utility that operates a nuclear-powered electric generating plant may
file a petition with the commission for approval of a new or amended power purchase
agreement, or, with the agreement of all parties, the early termination of a power purchase
agreement, with a facility that was previously approved to satisfy a portion of the biomass
mandate in this section.
new text end

new text begin (b) A new or amended power purchase agreement under this subdivision may be approved
by the commission regardless of the fuel requirements of this section if, by its terms:
new text end

new text begin (1) the new or amended power purchase agreement is in the best interest of the customers
of the public utility that operates a nuclear-powered electric generating plant; and
new text end

new text begin (2) the new or amended power purchase agreement is in the best interest of the customers
of a combined heat and power system operated by one or more municipal utilities.
new text end

new text begin (c) The termination of a power purchase agreement under this subdivision may be
approved by the commission if:
new text end

new text begin (1) all parties to the power purchase agreement agree to the early termination of the
agreement; and
new text end

new text begin (2) the termination of the power purchase agreement is in the best interest of the customers
of the public utility that operates a nuclear-powered electric generating plant.
new text end

new text begin (d) A new or amended power purchase agreement approved under paragraph (b) may
be for any term agreed to by the parties for any amount of energy agreed to by the parties.
new text end

new text begin (e) The approval of a new or amended power purchase agreement under paragraph (b),
or the approval of a termination of a power purchase agreement under paragraph (c), shall
not require the public utility that operates a nuclear-powered electric generation plant to
purchase additional biomass energy under this section.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end