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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

Peruvian Utility Bids Extended Until May

LCG, March 13, 2002-Canadian, Spanish, and Columbian companies have been given until May 30 to bid on electric concessions in Peru.

Peru's government, headed by President Alejandro Toledo, is offering investment in four electricity generators in northern and central Peru, hoping to reach $700 million in privatization receipts by the end of the year. Companies have an extra month to bid on stakes in Electro Norte, Electro Norte Medio, Electro Centro, amd Electro Noroeste since Peru's privatization commission has extended its offer from the previous April 23 deadline.

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