This bill amends federal utility regulations to require electric utilities to ensure reliable power generation over a 10-year planning period. Under the law, utilities must either operate or contract with "reliable generation facilities"—defined as power plants capable of running continuously for at least 30 days even during emergencies, with guaranteed fuel supplies and the ability to provide electrical grid support services. The bill affects all electric utilities engaged in long-term resource planning and gives state regulators one year to begin reviewing the new requirement and two years to make a final determination on whether utilities must comply. States that have already implemented comparable reliability standards are exempt from the new requirements. The legislation contains no new federal funding and relies on existing state regulatory processes to enforce the standard.
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