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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

PPL Says It Is Not to Blame for High Prices in Pennsylvania

LCG, Jan. 17, 2002--High prices in the Pennsylvania wholesale power market in early 2001 were not caused by market manipulation, PPL told Pennsylvania's Public Utility Commission this week.

PPL filed a report with the agency, which was given authority by the Federal Energy Regulatory Commission to investigate what supplier NewPower Holdings Inc. complained were market irregularities. Following a PJM report that showed prices to have been inflated, the PUC in November began investigating possible manipulation by PPL.

In addition to the PUC investigation, the U.S. Department of Justice has started an antitrust investigation.

During the first quarter of 2001, PPL's generating capacity was greater than that at the disposal of other electric companies. By law, companies serving customers are to have enough capacity to satisfy an additional 19 percent above expected demand.

High prices in the capacity market were cited by NewPower during the summer as the reason it had had difficulty in serving its customers competitively. PPL's filing referred to the possibiity of alternative suppliers' being squeezed out of retail sales as "unlikely."

Although consumers are protected by rate caps in the Mid-Adlantic, John Hanger, previously a PUC commissioner and who heads PennFuture, a Harrisburg consumer-interest group, said "It's like telling somebody who just got shot he didn't get shot." Hanger said that as of last March, retail power suppliers started to exit the market. The PUC listed 72 companies now in the market, compared to 97 last January.

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