Energy (Nuclear)

LD 601 removes Maine's requirement for voter approval via referendum before certain nuclear power projects can proceed. Specifically, it eliminates the need for public votes to approve: (1) building nuclear power plants, (2) constructing or operating low-level radioactive waste disposal or storage facilities, and (3) entering into waste disposal agreements with other states or the federal government. The bill repeals related sections of Maine law (35-A MRSA §43, 38 MRSA §§1474, 1479, and 1482) that previously mandated this voter approval process. This change directly affects developers and operators of nuclear facilities by streamlining project approvals without requiring additional public referendums.

This bill amends Maine's renewable energy law to include electricity generated by new nuclear power plants (constructed after January 1, 2025) as a qualifying renewable resource. It directly affects competitive electricity providers in Maine, who must meet renewable energy requirements under the state's portfolio standard. The key change adds new nuclear plants to the definition of "renewable capacity resource" in the law, allowing them to count toward compliance. This applies only to plants built after 2025, not existing nuclear facilities. The bill does not alter current renewable energy standards for existing sources like wind or solar.

This bill requires Maine's Public Utilities Commission to annually request informational bids for small modular nuclear reactors (SMRs) by October 1st each year. SMRs are defined as reactors under 350 megawatts, NRC-licensed, and capable of on-site construction or transport. The bids must include costs, location, timeline, and operational details - though they are non-binding and used only to inform potential future contracts. The Commission must submit annual reports to the Legislature's energy committee starting in 2026, and the bill terminates once the state accepts a bid for reactor establishment.