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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

Enron's Indian Plant Has Offer of Power Purchase

LCG, July 10, 2002--With the possibility that impatient lenders will seize the assets represented by the Dabhol power plant in the state of Maharashtra, India, the Maharashtra State Electricity Board made an offer to pay for half the output of the idled plant.

The offer was significantly lower than the rate that was first charged when the first, 740-megawatt phase of Dabhol, developed by Enron Corp., began operating in May 1999. Disputes over payment reportedly resulted in $240 million in payments becoming overdue, followed by the closure of the plant a year ago just as the second, 1,444-megawatt phase was ready to be completed.

The lead creditor to Dabhol is the Industrial Development Bank of India, which had made an inquiry of the state government on whether the state would authorize renewed payments. No word has yet been released on whether the offer for half of the 740-megawatt unit's capacity will be accepted.
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