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NuScale Power Achieves Standard Design Approval from NRC for 77 MW SMR

LCG, May 30, 2025--NuScale Power Corporation (NuScale), a leading provider of advanced small modular reactor (SMR) nuclear technology, yesterday announced that it has received design approval from the U.S. Nuclear Regulatory Commission (NRC) for its uprated 77 MW power modules. NuScale states that it remains the only SMR technology company with design approval from the NRC, and the company remains on track for deployment by 2030, with 50- and 77-MW SMR options.

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EIA Presents Analysis of California's Solar and Wind Power Curtailment Challenges

LCG, May 29, 2025--The U.S. Energy Information Administration (EIA) released an analysis yesterday showing that the California Independent System Operator (CAISO), the grid operator for most of the state, is increasing its curtailment of the rapidly growing solar- and wind-powered generation facilities in order to balance electricity supply and demand, which is necessary to maintain a stable electric system.

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Industry News

EU May Finance Two New Ukrainian Nukes

LCG, Sept. 7, 2000--The European Union Commission yesterday approved a financial plan to help fund two new Ukrainian reactors as part of a safety strategy for Eastern European countries using Soviet-designed nuclear power plants.

The two new reactors in Ukraine would replace the last operating reactor at the notorious Chernobyl nuclear plant near Kiev, when it shuts down for good later this year.

The EU plan is expected to cost up to $1.5 billion, and the commission will seek loans from its member states to fund the program. In addition to providing money for decommissioning the four-unit Chernobyl, the plan would fund completion of two other Ukrainian reactors to assure that they meet "internally acceptable levels of safety."

The commission also proposes to provide funds for construction of a nuclear power plant in the Russian city of Kalinin, providing Russia agrees to permanently close at least one Soviet era facility.

The commission said its proposal is contingent upon a contribution from the European Bank of Development and Reconstruction.

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