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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

Nevada Wants Utilities to Keep Their Power Plants

LCG, March 9, 2001The Nevada Public Utilities Commission yesterday began proceeding that would block the sale of power plants belonging to the state's two electric utilities, Nevada Power Co. and Sierra Pacific Power Co., both subsidiaries of Sierra Pacific Resources Inc.

The PUC said the move was the result of concern that Nevadans would not have enough power to meet growing demand. Casting an eye westward to California, regulators are worried that the state's electricity supply might be controlled by out-of-state power producers.

Chairman Don Soderberg of the PUC said "We can debate whether or not divestiture was a good idea at the time. But it's clear it is not a good idea today. When divestiture was first thought up we were worried about market power. Today, we're worried about keeping the lights on."

It was fear of market power that caused the framers of California's now discredited deregulation plan to require investor-owned utilities to sell their power plants. Then, when demand outstripped supply, the purchasers of those plants were blamed by politicians of "plundering" the state.

"We need to have a certain level of certainty in our power supply. The California experience hasshown us we need to get back to what works," Soderberg admitted.

Sierra Pacific Resources, which was ordered by Nevada regulators to sell its power plants as a condition of the merger between Sierra Pacific Power and Nevada Power in 1999, has already agreed to sell about 1,300 megawatts of generating capacity to NRG Energy Inc. and Dynegy Inc. for $643 million. NRG would operate the plants and Dynegy would sell the power.

A Sierra Pacific Resources spokesman said the sale still requires federal and state approval.

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