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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

Settlement Reached on Montana Power Power Sale

LCG, Dec. 31, 2001--Montana Power Co. said Friday that it has reached a settlement on issues related to the sale of Montana Power Co.'s electric utility to Northwestern Corp., as well as electric restructuring costs in addition to other matters that will allow the company to become a telecommunications firm.

Among the issues settled between Montana Power, Northwestern, the Montana Consumer Counsel that represents residential and small commercial customers, and the Montana Large Customer Group, was a stipulation for Montana Power and Northwestern to establish a $30 million account that will be used to provide a credit for MPC electric distribution customers.

The subsidy, to be provided for one year beginning July 1, will protect retail customers from the full effect of a 20 percent rate increase, limiting the boost to about 12.8 percent.

"This is a major step in completing the transition of Montana Power from a diversified energy utility into a broadband telecommunications company under Touch America," said Bob Gannon, chief executive officer. "We have received all the necessary approvals except that of the (Montana Public Service Commission), and we expect this settlement will facilitate this last approval."

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