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NuScale Power and UAMPS Terminate Carbon Free Power Project Due to Insufficient Subscriptions and Rising Costs.

US-based nuclear power company NuScale Power and Utah Associated Municipal Power Systems (UAMPS) have mutually agreed to terminate the Carbon Free Power Project (CFPP), a project intended to provide clean energy to communities across the Intermountain West region. The project lacked adequate subscriptions to continue its deployment. Several UAMPS member towns have withdrawn from the project due to an increase in costs. NuScale has received about $600m to support the design, licensing, and siting works for the nuclear power project since 2014. In 2020, DOE approved a 10-year financing totalling $1.35bn, subject to congressional appropriations.

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