SF 1171

This bill directs Minnesota's Commissioner of Commerce to conduct a comprehensive study evaluating the potential costs, benefits, and impacts of advanced nuclear reactor technology for power generation in the state, with a report due to legislative committees by January 31, 2024. The study must examine how advanced nuclear technology 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 rules that would need modification to enable nuclear reactor construction and assessing the feasibility of replacing coal-fired plants with advanced nuclear reactors. The bill appropriates $150,000 from the general fund to the Commissioner of Commerce to complete this analysis.