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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

Shareholders Okay FPL-Entergy Merger

LCG, Dec. 18, 2000--Shareholders of FPL Group Inc. and Entergy Corp. approved at separate meetings Friday the merger of their two companies, a combination that will serve more than 6.3 million customers in the U.S. Southeast.

Though billed as a "merger of equals," the transaction is an acquisition of Entergy by FPL. FPL chairman James L. Broadhead will be chairman of the new company while Entergy chief executiveWayne Leonard will be president and chief executive officer. The 15-member board will consist ofeight members from FPL and seven from Entergy.

About 99 percent of Entergy shareholders who cast votes favored the marriage, as did some 97 percent of FPL's. The deal, which requires approval by federal, state and local agencies, is expected to be completed in about a year.

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