HF 3229

This bill mandates the relocation of spent nuclear fuel currently stored at the Prairie Island nuclear generating plant, requiring it to be moved by January 1, 2028, to a new storage facility that would be constructed at the Monticello nuclear generating plant. The legislation eliminates certain restrictions on dry cask storage capacity while authorizing the construction of additional storage infrastructure at Monticello to accommodate the transferred spent fuel from Prairie Island. To fund the transportation costs associated with this relocation, the bill permits the public utility to withhold money from the renewable development account, which is typically used for renewable energy projects, effectively redirecting these funds to cover the expenses of moving the nuclear waste between facilities.