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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

Midwest ISO Seeks Independent Market Monitor

LCG, Oct. 16, 2000--The Midwest Independent Transmission System Operator Inc. announced Friday that it was seeking an independent third-party market monitor and had asked qualified firms to submit proposals by November 15.

"Using a third-party entity will ensure all participants that the markets the Midwest ISO operates in are analyzed consistently, fairly and without prejudice," said Matthew C. Cordaro, president and chief executive of the ISO.

In a news release, the ISO said it was looking for a monitor that could be independent, objective, non-discriminatory and knew how to keep proprietary information confidential.

The monitor would keep an eye on energy and capacity markets, generation market power indices, energy imbalance markets and congestion management mechanisms. The monitor will also collect data and analyze markets for potential indicators of market power such as withholding capacity or bidding hanky-panky.

"The operator (monitor?) will evaluate market participants to detect behavior that adversely affects (our) ability to provide reliable, efficient and non-discriminatory transmission service," Cordaro said.

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