HomeMy WebLinkAbout12 Carbon Free Power Projectenda Item #
12
To: Board of Directors
From: Stephen Hollabaugh
Date. February 07, 2018
Subject: Discussion of Carbon Free Power Project (CFPP) Regarding Small
Modular Reactor (SMR) Project
1. WHY THIS MATTER IS BEFORE THE BOARD
UAMPS has been investigating a new generation resource called the Carbon Free
Power Project (CFPP). This item is to discuss the Small Modular Nuclear Reactor
(SMR), why it works, project structure, technology, alternatives, integration, team,
contract and permits, and power sales contract.
2. HISTORY
The Board has held several workshop and action
last two years. The three phases of the CFPP ai
Phase and Construction Phase.
Below is a list of these meetings:
items concerning the CFPP over the
Study and Siting Phase, Licensing
• April 15, 2015; Introduced the project to the Board;
• August 193 2015; Board approved to enter into an agreement with UAMPS for
the study phase of the project and a 4 MW site share of the CFPP;
• September 12-13, 2016; Staff and two Board members attended UAMPS
Informational Session concerning the project; and
• January 19, 2017; Workshop to discuss carbon -free hedge,outreach plan, and
the start of the Licensing Phase of the project and the three sub -phases of the
Licensing Phase.
• February 1, 2017; Workshop to discuss Small Modular Reactor (SMR)
technologyCFPP licensing phase and financial and environmental
,
performance
Truckee Donner Public Utility District staff has been attending monthly UAMPS project
management committee (PMC) meetings regarding the CFPP. The CFPP has
completed the study phase and is considering participation in the licensing phase. As
stated before, there remains numerous off ramps for this project going forward.
3. NEW INFORMATION
This workshop will discuss all aspects of the CFPP prior to bringing a power sales
contract to the Board for consideration in March 2018. The power sales contract leads
the project into the licensing phase including the discussion of future off ramps.
UAMPS speakers will be in attendance at this workshop to present all aspects of the
CFPP project. The workshop will include (not a complete list):
• What is CFPP
• Why it Works
• Structure
• Technology
• Alternatives
• Integration
• Team
• Contracts and Permits
• Power Sales Contract
• What are we asking you to do next? (March Board meeting)
There will be additional informational slides available, at the Boards descretion and
pleasure.
4. FISCAL IMPACT
There is no fiscal impact associated with this workshop item. The CFPP is a hedge
against a base load generation cost and a hedge against carbon dioxide regulation
that may impose cost burdens on existing fossil fuel resources and/or to provide
greater diversification in our resource portfolio. The next step will be consideration of
the power sales contract and will involve participation in the licensing phase of the
project that still has many off ramps.
5. RECOMMENDATION
Receive and provide input on this report
Stephen Hollabaugh
Assistant General Manager
Michael D.
Holley
General Manager