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NorthRenew Energy's Mesquite Sky Wind Project Commences Construction

LCG, January 21, 2021 -– NorthRenew Energy (“NorthRenew”) announced today that Clearway Energy Group (“Clearway”) achieved construction commencement on the Mesquite Sky Wind Project, f/k/a Baird North Wind Project (“Mesquite Sky”), initially developed by NorthRenew and sold to Clearway in 2019. Following the sale in 2019, NorthRenew continued to assist Clearway with final development and pre-construction services.

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Minnesota Power Announces Vision for 100 Percent Carbon-Free Energy by 2050

LCG, January 13, 2021--Minnesota Power, an ALLETE company, yesterday announced its vision to deliver 100 percent carbon-free energy to customers by 2050.

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Industry News

NuScale Power and UAMPS Announce Agreements for Carbon-Free Nuclear Power Project

LCG, January 12, 2021--NuScale Power and Utah Associated Municipal Power Systems (UAMPS) announced yesterday that they have executed agreements to facilitate the development of the Carbon Free Power Project (CFPP). The project will deploy NuScale Power Modules™ at the Idaho National Laboratory (INL), with a goal of cleaner, safer and cost-effective carbon-free power for UAMPS member utilities. Pursuant to the initial orders from UAMPS, Fluor Corporation and NuScale (as a subcontractor to Fluor) are to develop higher maturity cost estimates and initial project planning work for the licensing, manufacturing and construction of the CFPP.

Last August, NuScale Power announced that the U.S. Nuclear Regulatory Commission (NRC) completed the last and final review (Phase 6) of the Design Certification Application (DCA) for the company's small modular reactor (SMR) with the issuance of the Final Safety Evaluation Report (FSER). NuScale's new SMR is a light water reactor design that features a fully factory-fabricated NuScale Power Module™ capable of generating 60 MW of electricity using a safer, smaller, and scalable version of pressurized water reactor (PWR) technology. The scalable design can house up to 12 individual power modules at a power plant and reduces the financial commitments associated with gigawatt-sized nuclear power projects.

The new orders are the result of recently signed agreements to manage and de-risk the development of the Carbon Free Power Project. These include the Development Cost Reimbursement Agreement (DCRA) between UAMPS and NuScale, and the $1.355 billion multi-year Financial Assistance Award from the U.S. Department of Energy to CFPP LLC, a wholly-owned subsidiary of UAMPS established to develop, own and operate the CFPP.

NuScale's Chairman and Chief Executive Officer stated, "The orders between NuScale and UAMPS mark the next major step in moving forward with the commercialization of NuScale's groundbreaking small modular reactor (SMR) technology. This is the first step in a prudent deployment plan that could result in the order of NuScale Power Modules in 2022. We are appreciative of UAMPS' strong partnership and collaboration as we forge a new energy frontier together."

UAMPS and Fluor Corporation have also signed a cost-reimbursable development agreement to provide estimating, development, design and engineering services to develop the site-specific cost estimates for deployment of the NuScale technology at the INL site. Concurrently, UAMPS will continue to evaluate the size of the NuScale power plant as Fluor refines the engineering of alternatives to ensure that the plant is the best overall cost of energy and size to meet the CFPP participants' subscription needs.

UAMPS' Chief Executive Officer and General Manager stated, "The orders executed today allow for important progress in the development of the Carbon Free Power Project, and we are excited to take this next step alongside our partners NuScale Power and Fluor Corporation. We are confident that NuScale's small modular reactor will deliver affordable, stable, carbon-free energy to participating members, complementing and enabling large amounts of renewable energy in the region."
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