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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

PacifiCorp Asks Oregon for $85 Million Boost

LCG, Nov. 3, 2000--British utility Scottish Power Plc said yesterday its U.S. subsidiary PacifiCorp has filed a rate case with the Oregon Public Utility Commission asking for an overall net rate increase of $85 million over today's retail electricity prices.

The rate hike, if approved, will go into effect eleven months from now, on Oct. 1, 2001.

Scottish Power said most of the increase would offset the increased costs of producing power. In its filings with Oregon and other states, the company said it would need about 9 percent more than current revenues to cover those costs.

The company pointed out that this was a lot less that other utilities in the region need because of PacifiCorp's extensive generation portfolio which allows it to substantially manage its power cost risks.

On Monday, the company made separate filings with regulators in Idaho, Oregon, Utah and Wyoming asking for authority to defer accounting for its excess wholesale electricity costs. Despite its extensive generation portfolio, PacifiCorp has to purchase power now and then. Under deferred accounting the utility will be able to record those costs as they are incurred and then seek recovery in later rate cases.

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