Sharon Negele voted Nay (Passage) on this Legislation.
Title: Requires Notification from Utility Companies Prior to Closure of Energy Plant
Title: Requires Notification from Utility Companies Prior to Closure of Energy Plant
Title: Requires Notification from Utility Companies Prior to Closure of Energy Plant
Vote to pass a bill that requires notification from utility companies prior to the closure of an energy production plant.
Defines “legacy generation resource” as an electric generating facility owned directly or indirectly by a corporation that was formed for the original purpose of providing power to the federal government (Sec. 1).
Prohibits a public utility from authorizing to terminate a power agreement with a legacy generation resource in which they have an ownership interest unless they provide at least 3 years of advance notice of the termination plans (Sec. 1).
Requires a public utility to provide the Federal Energy Regulatory Commission (FERC) with 6 months notice of their intended plans to retire, transfer, or sell a reliable capacity resource with a capacity exceeding 80 megawatts and their reasons for doing so if their plans do not align with most recent integrated resource plan provided in their final director’s report (Sec. 1).
Prohibits a public utility from retiring, transferring, or selling a reliable capacity resource with a capacity exceeding 80 megawatts unless (Sec. 1):
They first notify the FERC of their intentions; and
Hold a public hearing within 120 days of their intentions being made public.
Requires the commission for higher education, in conjunction with the department of workforce development, to give priority to an applicant who is a dislocated coal mine employee when awarding high value workforce ready credit-bearing grants (Sec. 2).
Defines “dislocated coal mine employee” as an individual who has been laid off or terminated as a commercial coal mine in Indiana as a result of the permanent closure of the coal mine and is unlikely to be reemployed (Sec. 2).
Specifies that an emergency is declared for this act (Sec. 3).
Title: Requires Notification from Utility Companies Prior to Closure of Energy Plant