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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

Southern Gets SEC Okay to Form New Unit

LCG, Jan. 10, 2001The Southern Co. said yesterday that it has received final approval from the Securities and Exchange Commission to form a new subsidiary that will own, manage and finance wholesale generating assets in the Southeast U.S.

Southern Co. said the new subsidiary, which will carry the legal name of Southern Power Co., will be the primary growth engine for its market-based energy business. The company said its goal is to increase income from the new subsidiary by 15 percent annually so that in five years Southern Co. earnings from wholesale market sales will more than double.

"We expect that this will allow us to move faster and more aggressively in seizing wholesaleopportunities throughout the South," said Charles McCrary, Southern Company chief productionofficer and president of Southern Company Generation.

By 2005, plans call for the new subsidiary to have developed or acquired more than 7,500megawatts of generation dedicated to the competitive wholesale business. Within 10 years, the new wholesale generating company is expected to own more than 15,000 megawatts of capacity, the company said.

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