Idaho Power seeks power supply from TerraPower
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Idaho Power is seeking a power supply agreement from TerraPower. Separately, officials from Idaho Power, Rocky Mountain Power, and Avista told the Idaho Public Utilities Commission that while nuclear energy offers reliable, clean power, high construction costs and permitting timelines of ten years or more pose challenges to the state's "least cost, least risk" mandate.
Why it matters
The move toward purchasing power from TerraPower reflects a utility's effort to diversify its energy portfolio. However, state regulators in Idaho are concerned that the high costs and long permitting processes associated with nuclear projects may conflict with the state's mandate for least cost and least risk.
Idaho Power is planning a new power plant along the Snake River to meet rising energy demand in the Magic Valley.
Who's involved
- Idaho PowerUS electrical power utility seeking power supply
- TerraPowerNuclear reactor design company supplying power
- IdahoState providing the operational and regulatory context for the utility
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Curtiss-WrightSpeculative
Curtiss-Wright might see increased demand for control systems if TerraPower's project certainty rises.
- Oak Ridge National LaboratorySpeculative
TerraPower could see higher demand for U-233 supply if it secures long-term power purchase agreements.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Idaho Power interest may speed up NRC review for TerraPowerIdaho Power's interest in TerraPower power may accelerate regulatory review for nuclear projectsPossible
- Idaho Power's nuclear power search may stabilize Micron's supplyIdaho Power's move to nuclear power may boost Micron's supply stabilityPossible
Keep exploring
The entities involved
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Idaho Power
US electrical power utility
Nothing else this week.
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TerraPower
nuclear reactor design company