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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

Duke Unit to Buy Waste Management Power Plants

LCG, Nov. 2, 2000--Duke Energy Corp. said yesterday its Duke Solutions business unit has agreed to acquire eight independent power plants with a combined capacity of 244 megawatts from a subsidiary of Waste Management Inc.

Duke Solutions said it will invest approximately $100 million in the facilities, including purchase price and planned improvements, adding that expected revenues over the next 15 years could exceed $1 billion.

The assets to be acquired include cogeneration and renewable energy facilities in California,Pennsylvania, Maine and Florida that provide steam and chilled water under long-term contracts with industrial and institutional customers and long-term electricity under long-term electric sales contracts with several utilities.

Duke Solutions will own and operate the plants, calling on other Duke companies for services such as maintenance, commodity supply and risk management.

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