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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

Utilicorp Filing Asks For Rate Increase For Fuel and Power Purchases

LCG, June 8, 2001--A Friday filing by Utilicorp United with the Missouri Public Service Commission incorporated natural gas cost projections, with higher gas costs accounting for 80% of the company's proposed 16.9% rate increase.

Currently, the Missouri Public Service Commission does not include provisions for ongoing fuel cost adjustments to recover higher fuel prices.

The other major component of the request was based on the need for wholesale market purchases during periods of peak demand, which surpass the capability of the company's own generating resources. Judy Ness, community relations director, said "if natural gas prices stay below last year's levels, we would pass those savings on to our customers in coordination with the Commission's review."

Previous rate changes since 1983 have included two increases, most recently in 1993, and four decreases. Today's rates are 7.26 percent lower than they were in 1983.

What would the proposed rate structure mean for a residential customer using 1,000 kilowatt-hours (Kwh) of electricity per month? If natural gas prices - which have been falling in response to building inventories - were to stay at very high levels, the bill would be $14 per month ($169 per annum) higher.

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