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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's Treasurer Wants to Buy Transmission Grid

LCG, Feb. 9, 2001Phil Angelides, state treasurer of California, proposed yesterday that the state acquire the electric power transmission lines belonging to the state's cash-strapped utilities as a way of helping the companies avoid bankruptcy.

"Everybody," as Jimmy Durante was fond of reminding us, "wants ta get inta da act."

"I believe the only appropriate role for the state at this point is, after the utilities decide what theyare going to do to reorganize, is for us to be willing to buy the transmission assets," Angelides toldreporters yesterday.

The treasurer's proposal came as the state legislature was considering a similar plan as one way to get money to the utilities without allowing a significant rate increase or being accused of allowing a taxpayer-funded "bailout" of the companies.

Angelides said his plan would require the state's two largest utilities, Pacific Gas & Electric Co. and Southern California Edison Co., to drop lawsuits against the state seeking to recover money they have spent buying power on the volatile wholesale market that they were forced to sell at much lower rates to retail customers.

He said one benefit of the state owning the transmission grid is it could issue tax exempt bonds for necessary improvements which could cost around $1 billion.

It would be just like the state owning the highway system, which is more congested than the transmission system even though CalTrans, the state highway department has been in charge of it for decades. Commuters locked in traffic jams will not be reassured.

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