Indiana Bill on Siting Next-Gen Nuclear at Existing Fossil Fuel Plants

Indiana’s Senate and House have each passed a bill incentivizing the siting of next-generation nuclear plants at existing fossil plant sites. The bill amends the statute governing certificates of public convenience and necessity to require the drafting of new rules concerning the granting of certificates for the construction, purchase, or lease of small modular nuclear reactors. Rules must be adopted by July 1, 2023. The bill requires these rules to specifically anticipate small modular nuclear reactors being installed to offset the retirement of existing coal or natural gas electric generating facilities, and leverage the existing land and workforces associated with those retiring projects.