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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

Davis Heads for Washington Power Confab

LCG, Jan. 9, 2001California Gov. Gray Davis was in Washington today for an evening conference with President Clinton and senior administration officials, aimed at coming to grips with the deepening electric power crisis in the Golden State.

Davis will meet with the president, Gene Sperling, who is director of the National Economic Council, Energy Secretary Bill Richardson and Treasury Secretary Lawrence Summers. Together, they hope to reach a solution to the crisis threatening electric service in California and has pushed the state's two largest utilities to the brink of bankruptcy.

Officials from the two companies Pacific Gas & Electric Co. and Southern California Edison Co. were also expected to participate in the conference, along with James Hoecker, chairman of the Federal Energy Regulatory Commission.

Yesterday in Wyoming, Richardson said "Tomorrow, everybody needs to give a little -- the California utilities, the state government." The two utilities contend they have nothing more to give. They have subsidized their customers to the tune of $12 billion and have almost no cash left to buy more power.

Any massive dislocation in the California energy sector would have national implications. By itself, the state is the world's sixth-largest economy, ranking just behind Great Britain and ahead of Italy. Last week the White House acknowledged that a ripple effect could hit the nation's big banks and other groups.

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