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Advance Notice for Power Plant Retirements: Ensuring Electricity Stability

New regulations require power plant owners to provide five years' advance notice before retiring electricity generating units. This aims to ensure stable electricity supply and prevent sudden power outages, directly impacting citizens' daily lives and economic operations. The advance notice requirement does not apply in cases of unforeseen emergencies.
Key points
Power plant owners must give five years' notice before retiring generating units to prevent energy shortages.
The Commission can order continued operation of power plants if their shutdown threatens electricity supply, but cannot compel facility expansion.
Information on planned power plant retirements will be publicly available, increasing transparency and enabling better planning.
Actions taken to ensure continuous power supply, even if they conflict with environmental regulations, will not be penalized.
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Additional Information
Print number: 118_HR_10068
Sponsor: Rep. Griffith, H. Morgan [R-VA-9]
Process start date: 2024-10-29