2002 Minnesota Statutes

     116C.779 Funding for renewable development. 

    (a) The public utility that operates the Prairie Island 
 nuclear generating plant must transfer to a renewable 
 development account $500,000 each year for each dry cask 
 containing spent fuel that is located at the independent spent 
 fuel storage installation at Prairie Island after January 1, 
 1999.  The fund transfer must be made if waste is stored in a 
 cask for any part of a year.  Funds in the account may be 
 expended only for development of renewable energy sources.  
 Preference must be given to development of renewable energy 
 source projects located within the state. 

    (b) Expenditures from the account may only be made after 
 approval by order of the public utilities commission upon a 
 petition by the public utility. 

    HIST: 1994 c 641 art 1 s 10; 1999 c 200 s 1