HF 2426

This bill directs the Minnesota Commissioner of Commerce to conduct a comprehensive study evaluating the potential costs, benefits, and impacts of advanced nuclear reactor technology in Minnesota, with $150,000 appropriated from the general fund for this purpose. The study must examine how advanced nuclear power would affect Minnesota's greenhouse gas reduction goals, electricity costs for ratepayers, grid reliability, environmental impacts, local employment, and economic development, while also identifying state laws and regulations that would need modification to enable nuclear reactor construction and assessing the economic feasibility of replacing coal-fired plants with advanced nuclear reactors. The Commissioner must submit the study results to relevant legislative committees by January 31, 2024.