Missouri HB476: Creates provisions for the closure of electric power plants

What the bill says

To amend chapter 393, RSMo, by adding thereto one new section relating to closure of electric power plants. Section A. Chapter 393, RSMo, is amended by adding thereto one new section, to be known as section 393.401, to read as follows: 393.401. 1. For purposes of this section, the following terms shall mean: (1) "Dispatchable power resource", a source of electricity that is, under normal operating conditions, available for use on demand and that can have its power output adjusted according to market needs, except during routine maintenance and repair; (2) "Electricalcorporation",thesameasdefin.

From the amended text:

To amend chapter 393, RSMo, by adding thereto one new section relating to closure of electric power plants. Section A. Chapter 393, RSMo, is amended by adding thereto one new section, to be known as section 393.401, to read as follows: 393.401. 1. For purposes of this section, the following terms shall mean: (1) "Dispatchable power resource", a source of electricity that is, under normal operating conditions, available for use on demand and that can have its power output adjusted according to market needs, except during routine maintenance and repair; (2) "Electricalcorporation",thesameasdefinedinsection386.020,butshallnot include an electrical corporation as described in subsection 2 of section 393.110; (3) "Existing electric generating power plant", a thermal power plant of over one hundred megawatts in nameplate capacity, a generating unit at a thermal power plant with a nameplate capacity of over one hundred megawatts, or two or more generating units at a thermal power plant with a combined nameplate capacity of over one hundred megawatts; (4) "Regional transmission operator", a regional transmission organization, independent system operator, or equivalent entity approved by the Federal Energy Regulatory Commission, or successor agency, that exercises functional control over electric transmission facilities located within this state; (5) "Reliable electric generation", electric generation meeting the accreditation requirements provided for in this section; EXPLANATION -- Matter enclosed in bold-faced brackets [thus] in …

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