HomeMy WebLinkAbout13, UAMPS Carbon Free Power Project Discussion- Jeff
WORKSHOP ITEM #13UAMPS Carbon Free Power ProjectUAMPS Carbon Free Power Project January 19, 2017
UAMPS Carbon Free Power Project AgreementThe District signed up for 4,000 kw site share of the is CFPP Study Phase Siting –study and siting phase of the CFPPOn August 19, 2015 the Board
approved an agreement to enter the •mixresource may fit into that resource District owns a diverse and balanced resource mix and this new •Role of clean alternatives along with benefits
of having a balanced portfolio–Upside and downside of natural gas generation––to the DistrictCarbon Free Power Project (CFPP) and other future resources that may be available –: were
discussedA workshop was given to the Board on April 15, 2015 and the following •BACKGROUND / HISTORY UAMPS Carbon Free Power Project
NEW INFORMATION Next Generation of Energy (video)•The SMR technology is being developed by Nu Scale•Small Modular Reactor (SMR) project on the INL siteAgreement outlines the parties
intent to investigate the viability of developing a •Agreement, and Energy Northwest have entered into a Teaming NuScaleUAMPS, •Labs (INL) property near Idaho Falls has been selected
for this projectA proposed site located on the Department of Energy (DOE) Idaho National •successfully completedThe study and location (siting) phase of the CFPP has been •UAMPS Carbon
Free Power ProjectUAMPS Carbon Free Power Project
NEW INFORMATION developmentork to receive the COLA and completion of wadditional development phase 3 covers the processing of the COLA through the NRC and -Sub•workand Operating License
Application (COLA) and additional development phase 2 covers the development and completion of the Construction -Sub•Commission (NRC)Including the Operating License Application to the
Nuclear Regulatory •ork of the project wcontinues the preliminary development ate of the Power Sales Contracts and dphase 1 begins on the effective -Sub•phases-The Licensing phase has
three sub•It is now time to start the Licensing Phase •Three phases of CFPP are Study Phase, Licensing Phase and •UAMPS Carbon Free Power ProjectUAMPS Carbon Free Power Project
NEW INFORMATION March 1, 2017 (Action, CFPP Power Sales Agreement)•environmental performance)February 1, 2017 (Workshop, SMR Technology, CFPP financial and •Plan)Free hedge, CFPP Outreach
-tonight (Workshop, Carbon–January 19, 2017 •Session)13, 2016 (-September 12•August 19, 2015 (Board approved Study and Siting Phase)•April 15, 2015 (introduced the project)•Scheduled
Board Meetings•choose to participatemayunder which the District partners on the new SMR technology, the CPFF project details and the conditions Objective of the outreach plan is to
educate our rate payers, community, and •District staff is preparing an outreach plan to target an internal and external audience•CFPP OUTREACH PLAN•UAMPS Carbon Free Power ProjectUAMPS
Carbon Free Power Project
FISCAL IMPACT in our resource portfolioexisting fossil fuel resources and/or to provide greater diversification against carbon dioxide regulation that may impose cost burdens on The
CFPP is a hedge against a base load generation cost and a hedge •UAMPS Carbon Free Power ProjectUAMPS Carbon Free Power Project
RECOMMENDATION Receive and provide input on this report•UAMPS Carbon Free Power ProjectUAMPS Carbon Free Power Project