To amend the Federal Power Act to require generating facilities to provide advance notices for retiring electric generating units, and for other purposes.
About This Bill
Committee
Latest Action · October 29, 2024
Referred to the House Committee on Energy and Commerce.
This bill amends federal power regulations to require electric power plants to give at least five years advance notice before retiring major generating units. Power plant owners must submit these retirement notices to the Federal Energy Regulatory Commission, the Electric Reliability Organization, and relevant state commissions and transmission operators, with the notices made available to the public. The legislation exempts unplanned retirements caused by catastrophes or emergencies from this notice requirement. If the Electric Reliability Organization determines a planned retirement would violate grid reliability standards, it can file a complaint with federal regulators, who may then issue orders requiring continued operation of generating units for up to five years, with the Commission determining which utilities must pay for the additional costs. The bill affects power plant operators nationwide and aims to give grid operators more time to plan for generation changes and maintain electric system reliability.
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