A developer of small nuclear reactors announced on Wednesday that it was canceling a project that had been widely expected to usher in a new wave of power plants. NuScale Power, a company in Portland, Ore., said it lacked enough subscribers to advance the Carbon-Free Power Project, which had been expected to deliver six of the company’s 77-megawatt reactors. The Carbon-Free Power Project was the result of an agreement between NuScale and Utah Associated Municipal Power Systems, which supplies electricity to public power providers in seven Western states, including California. “This decision is very disappointing given the years of pioneering hard work,” said Mason Baker, chief executive of Utah Associated Municipal Power Systems. “We are working closely with NuScale and the U.S. Department of Energy on next steps to wind the project down.”

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Persons: NuScale, ”, Mason Baker Organizations: Power, Utah Associated Municipal Power Systems, U.S . Department of Energy Locations: Portland ,, Idaho, NuScale, Utah, California