New Hampshire utilities authorized for advanced nuclear reactor as energy strategy shift

The House Science, Technology and Energy Committee of the New Hampshire Legislature convened on March 4, 2025, to discuss a significant bill aimed at advancing nuclear energy in the state. The meeting highlighted a growing consensus among committee members regarding the potential for small-scale nuclear reactors to play a crucial role in New Hampshire's energy future.

The session began with a strong endorsement from Vice Chair Thomas, who emphasized that the bill would authorize New Hampshire's distribution utilities to act as "anchor tenants" for advanced nuclear reactors. This move is seen as a progressive step towards embracing nuclear technology, with several committee members expressing their support for the initiative. Thomas noted that this legislation, along with others passed this year, signals New Hampshire's openness to nuclear energy.

Representative Harrington pointed out the competitive landscape across the country, where states like Texas and Ohio are actively promoting nuclear energy. He argued that without such legislation, New Hampshire risks falling behind in the race to attract nuclear investments. Representative Korman shared a personal anecdote about his late wife, expressing his surprise at his support for nuclear energy, while also acknowledging the need for careful consideration of the bill's implications.

However, not all members were in favor. Representative Kaplan voiced concerns about the bill's limitations, suggesting that it should have included provisions for extending the sunset date on existing power purchase agreements. He argued that the focus should not solely be on nuclear energy, as future technologies could also play a significant role in the state's energy landscape.

Representative Partial echoed these concerns, cautioning against potential government overreach into the free market by allowing utilities to engage in nuclear projects. In contrast, Representative McGee supported the bill, highlighting that it mitigates risks for ratepayers by allowing utilities to enter into power purchase agreements without mandating ownership or operation of nuclear facilities.

The discussion also touched on the importance of ensuring a customer base for any new energy initiatives. Representative Bernardi emphasized that securing customers is essential for the success of any business venture, including nuclear energy projects.

As the meeting progressed, members acknowledged the challenges associated with nuclear waste management but expressed optimism about future technological advancements that could address these issues. Representative Thomas reminded the committee of the risks associated with cost overruns and stranded costs, noting that the bill aims to eliminate these concerns.

In conclusion, the committee's deliberations underscored a pivotal moment for New Hampshire's energy policy, with a clear inclination towards embracing nuclear technology as part of a broader strategy to enhance the state's energy portfolio. The bill's progression reflects a collective effort to position New Hampshire competitively in the evolving energy landscape, while also addressing the concerns of various stakeholders. Further discussions and potential amendments are anticipated as the legislative process continues.