Interesting interview with NuScale CEO on the cancellation of the UAMPS project. (Article link in reply.)

The company is not bankrupt (they actually have $200 million in cash). UAMPS is just one of many projects that have, in the US and abroad. They may actually continue with…

PRESS RELEASE: Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Agree to Terminate the Carbon Free Power Project (CFPP) ow.ly/yFl150Q5Htc

米国初の小型モジュール式原子炉プロジェクトが中止
2023年11月9日

小型モジュール式原子力発電所の建設を計画していたNuScale Power CorporationとUtah Associated Municipal Power Systems（UAMPS）は本日、建設プロジェクトを終了することで相互に合意したと発表した。
texal.jp/2023/11/09/fir…

NuScale appears on the brink of collapse. New short seller research shows that its announced crypto data center deal will very likely never be executed, its UAMPS SMR project is only months away from termination, and its stock is down 33% this week.

In the afternoon we took a bus to see the the freshly offered properties and substations, including hydrogen hub locations and the forthcoming Carbon Free Power Project led by UAMPS - Smart Energy

Gotta understand this place is massive, 890 sq miles. Each reactor complex is in its own world

More problems for UAMPS and NuScale. Power from their planned SMR will now cost an estimated $89/MWh, with years of construction still to come. See our latest ieefa.org/resources/eye-…

Being a broke kid from broke America...I commend UAMPS

I grew up on cheap WAPA hydropower via the municipal utility in my hometown

Evidently NuScale wasn't wise and leaders were prudent

I want more for rural America - they deserve more from us

uamps.com/File/1a6eeb4f-…

Rod Adams Vogtle & NuScale UAMPS failed despite huge subsidies for fundamental reasons.

Astute investors understand that cost of solar overbuild + storage in the form of V2H + H2/NH3 will continue to plunge while final cost of nukes always vastly exceeds fraudulent early estimates.

NuScale’s Chief Financial Officer Chris Colbert spoke at the USNIC Advanced Reactors Summit X today, highlighting our industry-leading work to deploy #SMR power plants across the globe starting with committed customers UAMPS - Smart Energy and Romania’s RoPower.

Great news. UAMPS (consortium of 27 cities) in the US 🇺🇸 has approved the budget for the NuScale 462 megawatt #SMR

UAMPS chief executive and GM said 'rising prices for steel, copper, and cable were not unique to NuScale.'

#nuclear #uranium

reuters.com/business/energ…

1/ We think $SMR is effectively finished following the implosion of its CFPP deal with UAMPS. We think this is due to cost overruns, as a CFPP executive stated that the project would likely cost at least ~$105/MWh back in February 2023.

The UAMPS - Smart Energy Carbon Free Power Project with NuScale has also submitted a Combined Operating License application. The NRC is expected to complete a completeness review and resource estimate this month

Das Märchen vom nuklearen 'Next big Thing' geht nicht auf

Bemerkenswerterweise wäre der neue Strompreis von 89 $/MWh viel höher, wenn NuScale und UAMPS nicht über 4 Mrd. $ an Subventionen vom US-Steuerzahler erhalten würden, und zwar durch einen Beitrag des Energieministeriums…

The UAMPS - Smart Energy Carbon Free Power Project submitted a Limited Work Authorization application a day before. A LWA would allow CFPP to begin construction activities prior to issuance of the Combined License. A later Combined Operation License would reference the NuScale SDA

NuScale Power, UAMPS agree to terminate nuclear project reut.rs/40xvNfE

Utah: 140MW geothermal bid can beat the cost and performance of the proposed Nuclear SMR. Geothermal = $70/MWh, SMR = $89 (and rising due to more cost overruns) go.shr.lc/3XOv4EQ #US #UAMPS #nuclear #SMR #geothermal #dispatchable #baseline #renewables #VRE #solar #wind

In our second general session of the day, Mason Baker, CEO/general manager of UAMPS - Smart Energy, and Randy Howard, CEO of NCPA, discuss advancing generation technologies that their organizations have introduced. #AMPAnnualConference #WeArePublicPower #PublicPower

$SMR Nuscale failed to keep their UAMPS partnership. Final nail in the coffin, glad I sold. This company with its tech is now worth close to nothing. Incredible money burn.

NuScale is getting orders (plans?) beyond the UAMPS project.

As Utah continues to see rapid growth, ensuring reliable power for our municipalities is critical to safeguarding our standard of living. Met with several members of UAMPS - Smart Energy for a discussion on policies that would help support Utah’s community-owned power systems.