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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

California Okays $400 Million for Power Purchases

LCG, Jan. 19, 2001California Gov. Gray Davis signed two electricity-related bills yesterday evening, one of which will revamp the board of the California Independent System Operator. The other rescinds the portion of the state's 1996 restructuring law that requires the state's investor-owned utilities to sell their non-nuclear power plants.

Neither measure promised much help for Californians who endured a second day of rolling blackouts.

But late yesterday the legislature approved a measure that would provide $400 million to the California Department of Water Resources so it can continue to purchase power for the state's two largest electric utilities, which have been impoverished by subsidizing customers.

Davis said he would sign that bill today. "We're being asked to keep the lights on," he said. "If it requires some money, then money will be appropriated."

State Senate President Pro-Tem John Burton, a San Francisco Democrat, introduced a bill yesterday that would create a public power authority to finance construction of new power plants, help modernize older plants and finance energy conservation programs.

Burton said he was "taking aim at the astronomical energy prices in California."

The state Senate also debated a measure, passed on Tuesday by the Assembly, that would allow the Department of Water Resources to enter into long-term contracts with power producers to purchase electricity at no more than 5.5 cents per kilowatt-hour.

Some lawmakers questioned whether a state agency would be able to buy power that cheap. Power producers have said the soaring price of natural gas, the fuel of choice for thermal power plants in California, has made the rock-bottom price somewhere around 7 cents or 8 cents, even for a lot of power over a long period.

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