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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

Federal Court May Decide California Electric Rates

LCG, Feb. 12, 2001Even as California Gov. Gray Davis and the state legislature wrestle with what they regard as a "bailout" for the state's nearly bankrupt electric utilities, a federal judge in Los Angeles could decided how much consumers have to pay for power they have already used.

Since whole sale power prices began exceeding in May of last year what the utilities could charge their retail customers, the two largest California utilities, Pacific Gas & Electric Co. and Southern California Edison Co., have gone into a financial hole exceeding $12 billion bailing out ratepayers.

SoCal Edison sued the California Public Utilities Commission in the U.S. District Court for Los Angeles last November after the regulators had repeatedly refused to lift a the rate freeze that prevented the company from charging the true cost of power. A similar suit by PG&E was recently transferred to the L.S. court and the two are expected to be consolidated.

The SoCal Edison case is on the court's docket for today, and it is difficult not to recall the words of William Massey, a member of the Federal Energy Regulatory Commission, who on December 15 said "Some day soon a federal court, when asked, will declare that utilities are entitled to recover these high wholesale costs from their customers."

But in Sacramento, the governor and lawmaker are still trying to find a way out for the utilities that won't burden, and hence upset, consumers who are also taxpayers and voters.

The utilities have agreed to take part in state Senate hearings this week. "We have reached agreement with the utilities on a timetable to resolve this issue," Davis said. "They've agreed to participate in hearings dealing with their finances."

Pending the outcome of the hearings, state Attorney General Bill Lockyer has asked the Los Angeles court to delay any decision in the utilities' suit against the CPUC.

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