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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

Niagara Mohawk Cuts Rates to Gain Merger Approval

LCG, Jan. 18, 2001Merger partners Niagara Mohawk Holdings Inc. and National Grid Group Plc of the United Kingdom yesterday asked the new York State Public Service Commission to approve a merger between the two companies and tossed in a $132 million electricity delivery rate cut for Niagara Mohawk customers to make it more palatable.

"We hope this will smooth regulatory approval," Niagara Mohawk senior vice president William Edwards told a news conference. "It is reflective of what Niagara Mohawk and National Grid can do together."

The reduction in delivery charges would offset to some degree a rise later this year in charges for the electricity itself. Prices for power are forecast to rise between 8 percent and 12 percent in September.

Niagara Mohawk said it hopes to have state approval for the merger by June 1. Spokesman Nicholas Lyman said filings have been made with the Justice Department and the Federal Trade Commission. Approval will be sought from the Securities and Exchange Commission following receipt of state approval.

He said the companies would seek approval from the Federal Energy Regulatory Commission later this month or in February.

Niagara Mohawk Holdings is parent company of Niagara Mohawk Power Co., the second-largest combined natural gas and electric utility in New York.

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