Indiana SMR bill signed into law
Holcomb
Indiana has joined the growing list of states looking into small modular reactors for future energy production as their coal-fired plants are retired.
Gov. Eric Holcomb on March 18 signed into law S. 271, which allows and incentivizes the construction of SMRs in Indiana. Introduced on January 10 and sponsored by state Sens. Eric Koch (R., Bedford) and Blake Doriot (R., Goshen), S. 271 passed in the Senate on February 1 in a 39–9 vote and in the House on February 22 by a vote of 70 to 22.
Specifics: S. 271 requires the Indiana Utility Regulatory Commission (IURC), in consultation with the state’s Department of Environmental Management, to adopt rules concerning the granting of certificates of public convenience for the construction, purchase, or lease of SMRs, defined as reactors with a rated electric generating capacity of not more than 350 MW. The rules are to be adopted by July 1, 2023.
