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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

Oman to Privatize Power, Telecoms, Airport, Mail

LCG, Nov. 20, 2000--The Persian Gulf sultanate Oman plans to split up its electric industry into separate business and sell them to private investors, according to a report published Saturday in the Oman Observer.

Electricity and Water Minister Mohammad bin Ali al-Qetabi told the paper "It will involve the unbundling and corporatization of the ministry's existing activities into a number of separate generation, transmission and distribution businesses."

The Omani government would continue to own and operate the separate businesses until they were on a successful commercial footing before selling them off, Qetabi said. He added that the government was also in the process of privatizing its telecommunication business and its international airport and plans to sell of its postal service. The water sector would remain under government control.

Last week, Oman awarded to AES Corp. of the U.S. a $455 million, 400 megawatt project to build a private power plant in Barka and is expected to sign a concession agreement next month with a consortium of Omani and foreign companies to build a private power plant in Salalah.

PSEG Global Inc. of the U.S. and Royal Dutch/Shell are principal members of the Salalah group.

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