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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

State May Broker Electricity to California Utilities

LCG, Jan. 15, 2001California Gov. Gray Davis said yesterday he will ask the state legislature to approve a plan under which the state would procure power from generators and resell it at attractive prices to the state's investor-owned utilities.

The proposal could be introduced in the legislature tomorrow, official said. The plan is aimed at staving off bankruptcy for the state's two largest electric utilities, both of which say they no longer have sufficient cash to buy power for their customers and suppliers will no longer extend them credit.

The idea of the state as broker came Saturday near the end of a seven-hour, coast-to-coast video and telephone conference in which participants in Washington, Sacramento and Los Angeles were hooked up.

Near the end of the marathon teleconference, Davis was joined by leaders of the heavily Democratic California legislature in a news conference in which he said the state could enter into long-term contracts with power producers for electricity at a cost far lower than what the utilities have been paying. The state would then re-sell the power to the utilities at cost.

While Davis sounded triumphant with his plan, others weren't so sure.

Joe Bob Perkins, president and chief operating officer of Reliant Energy Wholesale Group which operated California power plants it acquired from the state's utilities, would only say "We're still digesting it."

The governor said his plan was a "bipartisan" solution, but state Senate Republican leader Bill Campbell sounded less than convinced. "The answer is going to be in the numbers," he said.

State Senate President Pro Tem John Burton, a San Francisco Democrat, said that the state was seeking to purchase power for 5 to 5 cents per kilowatt-hour, but power producers "didn't come in with that kind of offer."

Instead, Reliant Energy Wholesale Group and the other power producers want 7 or 8 cents per kilowatt-hour, an amount probably reflecting the high cost of natural gas, the fuel of choice for California power plants.

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