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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

Puget Energy Says California Caps Affect Us, Too

LCG, Nov. 3, 2000--Puget Sound Energy Corp. has requested federal regulators to uniformly impose price caps on sellers of wholesale electricity in both the California and Pacific Northwest power markets.

Puget Energy said that price caps set only in California without the same applied in the Pacific Northwest would result in California buying Pacific Northwest power at artificially low prices when they needed it and Pacific Northwest customers paying higher costs when the need is reversed.

"Generally, we do not favor price caps since they do not allow a wholesale market to workcompetitively," said William A. Gaines, Puget Sound Energy vice president of energy supply. "But inthis case, the only thing worse than a price cap is a price cap on only part of the market."

Gaines' remarks came in anticipation of power price limits that could be imposed by the Federal Energy Regulatory Commission in the wake of the agency's investigation into California's wholesale electricity market.

"While Puget Sound Energy strongly supports a competitive marketplace, any federal action thatwill alter the wholesale electric market in one region, needs to apply to all affected parts of thatregion," Gaines added.

In a complaint filed with FERC, Puget Energy pointed out that thousands of power transaction occur each month between California and the Northwest, and told the federal regulators that it is "unfair and unduly discriminatory to protect wholesale purchasers in California with a price cap and yet deny similar protection to wholesale purchasers in another part of essentially the same market, i.e. the Pacific Northwest."

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