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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

Massachusetts Okays Electric Rate Hike up to 69 Percent

LCG, April 3,2001The Massachusetts Department of Telecommunications and Energy yesterday approved rate increases for Massachusetts Electric Co. that will range from 23 percent for residential customers up to 69 percent for large industrial customers.

The industrial customers will then increase the prices of their products by an amount sufficient to absorb the increased cost of power, passing the rate hike along to their customers, many of whom are residential customers.

A typical householder using 500 kilowatt-hours of electricity per month will see his electric bill increase from $61.38 to $75.60, Massachusetts Electric said. The generation portion of the bill will increase from 6.37 cents per kilowatt-hour to 9.213 cents starting May 1, a jump of 45 percent, but with distribution charges and customer service factored in the overall increase will be about 23 percent.

Commercial customers will see the cost of electricity rise from 6.493 cents per kilowatt-hour to 9.556 cents, an increase of 47 percent, while industrial users will see a 69 percent increase from 5.46 cents to 9.054 cents.

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