Fact gov-033
Re-reading the GOED board's 9 July 2026 materials and minutes (csite-024 has the incentive terms): the executive summary describes a $1,299,110,000 Emery County project with 275 jobs averaging $137,567, and says the up-to-$106,737,499 REDTIF credit (half of new state tax revenue for 10 years, paid only after the revenue comes in) is 'site specific and subject to local incentive participation', with a local incentive proposal needing GOED Incentives Committee approval. Per the minutes, Valar's Harry Hansen cited the NVIDIA chip demonstration and 'a waterless data center in Orangeville'; Valar's Cory Gardner said Valar plans 'to install additional commercial units in the area', that the fastest path to turning reactors on is selling power 'behind the meter' to avoid interconnection queues, that its near-term strategy is 'behind-the-meter customers willing to pay a premium', and that no one has yet sold power from an advanced reactor in America. The minutes list Emery County Commissioner Jordan Leonard among the visitors under 'Valar Atomics' (they do not say why) and record him speaking in support. Set beside the record: three months earlier, at the county's 7 April hearing, the answer recorded to 'what incentives has the county given you?' was 'None', with a commissioner adding Valar had 'not even asked' for a tax incentive (gov-022); no local incentive for Valar appears on the Emery County Commission's or its Community Reinvestment Agency's agendas through September 2026 (Utah Public Notice Website scan, 29 Sept 2026); and DOE's legal basis for authorizing Ward 250 without the NRC is that pilot reactors do not produce commercial electric power (safe-030, gov-007), so sold power from 'commercial units' would need NRC licensing (csite-010).
- GOED Public Board Materials, July 9, 2026 (Valar Atomics Inc. executive summary) (Governor's Office of Economic Opportunity (Utah Public Notice Website), 2026-07-09) primary government “Incentives are site specific and subject to local incentive participation.”
- GOED Board Meeting Minutes, July 9, 2026 (posted with the Sept 10, 2026 meeting) (Governor's Office of Economic Opportunity (Utah Public Notice Website), 2026-09-10) primary government “they plan to install additional commercial units in the area”
- Emery County Commission Meeting Minutes, April 7, 2026 (Emery County Commission (Utah Public Notice Website), 2026-04-07) primary government “they have not even asked for any tax incentive”
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