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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

EU Energy Plan Opens Market

LCG, March 18, 2002-After France conceded, the European Union came to the decision to open energy markets.

Over the past weeks France has been avoiding giving in to pressure from the rest of the EU regarding creating a free market to replace its state-run energy industry. However, France conceded this past Saturday at the EU summit, and European energy markets will be opened to competition.

Officials from pre-election France were hesitant to take up free-market initiatives and were not convinced that competitive markets would improve service. The EU has planned to make decisions sometime this year regarding how governments will protect non-commercial energy supply to the public, an issue France has insisted be addressed.

The EU will allow private gas and electricity companies to operate freely within the 15 participating nations beginning in 2004.

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