Title
Amendment to the Carbon Free Power Project Budget and Plan of Finance
Recommended Action
I move that the County Council authorize an increase to the Department of Public Utilities' share of the Carbon Free Power Project budget in the amount of $52,500.00, with a 20% contingency of $10,500.00, for the continued participation in the Carbon Free Power Project and authorize the Utilities Manager to execute an amendment to the budget and plan of finance with the Utah Associated Municipal Power Systems (UAMPS).
Utilities Manager Recommendation
The Utilities Manager recommends that Council approve the motion as presented.
Board, Commission or Committee Recommendation
The Board of Public Utilities recommends that Council approve the motion as presented.
Body
Background
March 2019 Update
At the recommendation of a citizen ad hoc committee and the direction of the BPU, the Department of Public Utilities (DPU) was tasked to continue participating in the Carbon Free Power Project (CFPP) as an option for meeting a portion of the County’s power demands. The CFPP is being considered as a potential resource for replacing the County’s coal generation assets and to meet a Board-approved goal for the DPU to be a carbon-neutral electrical energy provider by 2040.
Through DPU’s membership with the Utah Associated Municipal Power Systems (UAMPS), staff has been participating in the development of the CFPP, which is a projected 600MW nuclear generating station to be built in Idaho using small modular reactor (SMR) technology. As it is being designed, the facility would house up to twelve SMRs developed by NuScale Power, currently rated at fifty megawatts of electric power for a total plant capacity of 600MW. The County’s share would be 8MW.
Prior to signing the Power Sales Contract in April 2018, the following had been accomplished:
- The County participated in the CFPP Project Study Phase and Siting Agreement (also referred to as the fatal flaw analysis). F...
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