Senate Bill 0095
DIGEST OF SB95 (Updated January 26, 2004 3:39 pm - DI 84)
Merchant power plants. Requires a petitioner to receive siting approval from the utility regulatory commission (IURC) before constructing a merchant power plant in Indiana. Allows the IURC to approve the plant if it 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 proof that a petitioner has considered certain types of potential sites. Requires a petitioner to provide an assessment of the potential impact of the plant on its proposed water resource. Requires a petitioner to file certain financial instruments and an estimate of the expenses of decommissioning the plant. Requires the IURC to hold a public hearing upon each siting petition. Requires an approved plant to submit certain reports to the IURC. Allows the IURC to revoke an approval if a plant does not operate as required. Provides that information on a plant's fuel arrangements or electric sales is confidential for purposes of the public records law. Requires the state utility forecasting group to conduct an annual study to assess the regional needs for and impacts of merchant power plants.
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