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HomeMy WebLinkAbout12 UAMPS Carbon Free Power Project Discussion WORKSHOP ITEM UAMPS Carbon Free Power ProjectUAMPS Carbon Free Power Project February 1, 2017#12 UAMPS Carbon Free Power Project start of the Licensing Phase of the project-January 19, 2017; Workshop to discuss carbon•Informational Session concerning the project13 2016; Staff and two Board members attended UAMPS -September 12•study phase of the project and a 400 kW site share of CFPPAugust 19, 2015; Board approved to enter into an agreement with UAMPS for the •April 15, 2015; Introduced project to the Board•Carbon Free Power Project (CFPP)The Board has received several workshop and action items concerning the •Phase and Construction phaseThe three phases of the CFPP are Study and Siting Phase, Licensing •BACKGROUND / HISTORY UAMPS Carbon Free Power Project NEW INFORMATION Gravity•Conduction•Convection•hysics including:pirculation and cThe reactor operates using principles of natural •and operates independently within a water filled poolEach module (50MW) sits in its own containment vessel •50 MW reactors-•below grade plantsSMR’s are small scale 50 MW, self contained and NuScale•energybaseloadreliable SMR’s emits no carbon pollutants while producing stable •compared to the old reactors of the pastThese SMR’s are small technologically advanced and can’t be •Small Modular Nuclear Reactor (SMR) Technology•UAMPS Carbon Free Power ProjectUAMPS Carbon Free Power Project NEW INFORMATION as it relates to safety or otherwiseUAMPS will be able to observe if the NRC identifies any issues with the design •designNuScale’sThe NRC will be charged with verifying the safety of •Regulatory Commission (NRC)has submitted its design certification application to the Nuclear NuScale•due to its safe designNuScaleUAMPS first and foremost priority is safety and •Safety•power sourcebaseloadThis adds up to be a safe, clean, emission free, economic and reliable •The simplicity of design lends power modules to be factory built•with no operator action, no ac/dc power and no additional waterThese principles provide the ability to safely shutdown and self cool indefinitely •Small Modular Nuclear Reactor (SMR) Technology (continued)•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 •UAMPS Carbon Free Power ProjectUAMPS Carbon Free Power Project NEW INFORMATION This is truly a hedge against cost and carbon dioxide regulation•NuScalepercentage of its development costs from will have the ability to terminate further development and recoup a relative to a comparably sized combined cycle gas plant, then UAMPS their alternatives, and, if the project is not deemed economically feasible UAMPS members will be able to compare the cost of CFPP relative to •2022)-Period (2017assess the economic feasibility of doing the project over the Licensing The phased approach is designed for UAMPS Members to continually •Cost Control•UAMPS Carbon Free Power ProjectUAMPS Carbon Free Power Project NEW INFORMATION Five-year Market 2012-17 (Exist)Five-year Market 2017-22 (New)Trans Jordan - Land Fill GasStampede - Small HydroFallon Exchange for StampedePleasant Valley - WindNebo Power Plant - Natural GasHorse Butte Wind - WindVeyo Heat Recovery 2017Open Position-UAMPS Pool / Mkt 180,000160,000140,000120,000100,00080,00060,00040,00020,0000 This generation will also fit within our portfolio nicely •This is truly a hedge against cost and carbon dioxide regulation•Cost Control•UAMPS Carbon Free Power ProjectUAMPS Carbon Free Power Project NEW INFORMATION Links to UAMPS website for the CFPP information•Board staff reports and presentations•including:District staff has added the CFPP information to the TDPUD website •choose to participatemayconditions under which the District partners on the new SMR technology, the CFPP project details and the Objective of the outreach plan is to educate our rate payers, community, and •audienceDistrict staff is preparing an outreach plan to target an internal and external •CFPP OUTREACH PLAN•UAMPS Carbon Free Power ProjectUAMPS Carbon Free Power Project NEW INFORMATION March 1, 2017 (Action, CFPP Power Sales Agreement for Licensing Phase)•environmental performance)tonight (Workshop, SMR Technology, CFPP financial and –February 1, 2017 •Free hedge, CFPP Outreach Plan)-(Workshop, Carbon–January 19, 2017 •13, 2016 (UAMPS Informational Session)-September 12•August 19, 2015 (Board approved Study and Siting Phase)•April 15, 2015 (introduced the project)•Scheduled Board Meetings•CFPP OUTREACH PLAN•UAMPS Carbon Free Power ProjectUAMPS Carbon Free Power Project FISCAL IMPACT existing fossil fuel resources and/or to provide greater diversification in our 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