Carbon Free Power Project

After careful consideration of various factors that affected the project’s viability, it was determined that the project was unlikely to achieve sufficient subscription to remain viable and ending the project was therefore the most prudent decision for both parties.

Throughout the early stages of the project, CFPP achieved noteworthy milestones and produced valuable work product that will provide a foundation for future projects in the industry. Most notably, the Combined License Application (COLA) was on track for a January 2024 filing and the application has been sufficiently matured to serve as a reference COLA for future projects.

CFPP LLC engaged in ongoing dialogue with the U.S. Department of Energy on the future of the CFPP cost share award and the disposition of CFPP project assets, including the ownership of long-lead equipment. NuScale and UAMPS committed to optimizing the utilization of project assets and developed a comprehensive wind-down schedule to guarantee an efficient conclusion of the project.