Senate Bill 0209
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DIGEST OF SB209 (Updated February 11, 2003 2:12 PM - DI 84)
Merchant power plants. Requires a person seeking to construct a merchant power plant in Indiana to file a petition with and receive siting approval from the utility regulatory commission (IURC). Allows the IURC to approve the siting of a merchant power plant if the plant will not be adverse to the interests of local residents and all Indiana citizens. Specifies factors that the IURC must consider in acting upon a siting petition. Requires a petitioner to demonstrate that it has considered: (1) brownfields; (2) sites of existing or former utilities; and (3) sites identified for power plant and heavy industrial use in local plans; for the siting of the merchant power plant. Requires a petitioner to provide the IURC an assessment of the potential effect of a merchant power plant on its proposed water resource. Requires a petitioner to file with the IURC certain financial instruments and an estimate of the expenses associated with decommissioning the merchant power plant upon closure. Requires the IURC to hold a hearing and receive testimony upon each petition to site a merchant power plant. Requires a merchant power plant to submit certain reports to the IURC upon receiving siting approval. Allows the IURC to revoke its approval of a merchant power plant if the plant does not operate in accordance with the IURC's order of approval. Provides that information concerning a merchant power plant's fuel arrangements or electric sales is not a public record. Requires the state utility forecasting group to conduct an annual power market study to assess the regional needs for and effects of merchant power plants.
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