Spent fuel located at Prairie Island requirement to be transferred to another site for storage

SF 3363 requires the Prairie Island nuclear plant operator to move all spent nuclear fuel from its current dry cask storage to a new site outside Prairie Island or Monticello by January 1, 2028. The bill mandates that an additional spent fuel storage facility must be built at the Monticello nuclear plant to receive fuel transferred from Prairie Island. It authorizes the public utility to withhold funds from the renewable development account to cover transportation costs, with annual payments based on the number of dry casks storing spent fuel at each plant. The law amends Minnesota statutes to enforce these storage requirements and funding mechanisms, directly affecting the Prairie Island and Monticello nuclear plant operators.