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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

Scottish Power May Bid $3 Billion for Portland General

LCG, April 30, 2001Scottish Power Plc, the big British electric company that bought PacifiCorp, a multi-state U.S. utility in the Pacific Northwest in 1999, was said yesterday to be considering a $3 billion offer for Enron Corp.'s Portland General Electric Co.

A $3.1 billion deal for Enron to sell Portland General to Sierra Pacific Resources Inc. broke down last week after Nevada put its electric deregulation scheme on hold for fear that problems besetting California might wash across the border between the states. Sierra Pacific had counted on using proceeds from the sale of its Nevada power plants to pay Enron for the Oregon utility, but the plant sales were frozen by Nevada's action.

The British newspaper The Observer observed yesterday that Portland General would be a "perfect fit" with PacifiCorp, which does business in California, Washington, Wyoming, Utah and Idaho, as well as Oregon.

"Portland sits in the middle of PacifiCorp territory in Oregon," an unnamed source told The Observer. "There would be added customers and big synergies in infrastructure, operations, and head office functions. It would make sense."

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