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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

Shell Buys Out Partners in Renewable Venture

LCG, Jan. 23, 2002--The renewable energy firm Siemens und Shell Solar, a partnership between oil major Royal Dutch/Shell, the electronics firm Siemens, and the energy firm Eon, will be owned solely by Royal Dutch/Shell, following a buyout.

"Shell has a strategic commitment to making renewable energy a commercial reality, and this move is a key step in building a strong, global solar business," said Philippe de Renzy-Martin, the future executive vice-president of the resulting company.

An analyst speaking to the Financial Times said that he thought the reason for investment in renewable energy was "to appease governments and their customers. However, the research and development put into this may yield big gains in time."

Siemens und Shell Solar dates to April 2001. Royal Dutch/Shell last year said that, depending upon economic considerations, it intended to invest $500 million to $1 billion in energy sources such as solar, wind, hydrogen and geothermal over a span of five years. The deal, for which a price was not disclosed, will give Royal Dutch/Shell approximately 15 percent of the global photovoltaic market.

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