In October 2020, Fluor announced that UAMPS was awarded a funding vehicle that could provide up to $1.355 billion by the U.S. Department of Energy (DOE) for NuScale Power's first prospective small modular nuclear reactor project. Fluor is poised to assist UAMPS and NuScale in bringing the world's first clean energy, carbon-free SMR project to commercialization. Fluor and NuScale are working with UAMPS in the development of the CFPP, which once completed, will provide reliable, cost competitive, base load, carbon-free electricity to 27 out of 50 UAMPS’ members participating in this project.
In August 2020, Fluor announced that NuScale received final design approval by the NRC, which is expected to advance the commercialization of NuScale's SMR technology.
UAMPS is now seeking a combined construction and operating license from the U.S. Nuclear Regulatory Commission (NRC), with the submittal expected in early 2024. That license could be granted in 2026 if UAMPS, Fluor and NuScale are successful in achieving the record-breaking approval schedule from the U.S. NRC.
Fluor is leading the design of the air-cooled condensers for the CFPP that will allow the plant to operate in the Idaho desert using 95% less water than the water-cooled version. This has a significant positive impact on the environment around the plant while lowering cost uncertainty and lowering the life-cycle cost of electricity generated.