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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

Six Firms Qualify for Brazil's Cesp Auction

LCG, May 11, 2001The energy secretariat of Sao Paulo state in Brazil said yesterday that a Brazilian utility and five foreign firms have qualified for the May 16 auction of Cesp Parana, which provides about half of the electric power consumed in Brazil's most populous state.

Attempts to auction Cesp fizzled last year when all bidders withdrew at the last minute, citing risks in the utility's debt portfolio and its inability to fill the reservoir behind one of its largest hydroelectric facilities. Most of the companies problems have been resolved, observers say.

Base price for next Wednesday's auction has been set at 1.74 billion reals ($765 million U.S.), the same price in reals as last year's attempt. The price is lower in U.S. dollars, however, because of sharp declines in the Brazilian currency against that of the U.S.

A spokeswoman for Sao Paulo state said Duke Energy Corp., AES Corp. and NRG Energy Inc. of the U.S.; Electricit de France, and Electricidade de Portugal qualified to bid for Cesp. Minas Gerais state utility Cemig, which was restricted from bidding for a controlling stake in Cesp, was authorized to participate provided that it forms a bidding consortium with another firm.

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