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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

Four CA Energy Contracts Settled

LCG, July 16, 2002-The Federal Energy Regulatory Commission and various energy companies have reportedly reached settlements regarding long-term electricity contracts.

According to FERC Administrative Law Judge Curtis Wagner, California officials and energy companies have come to four settlements, and other contracts are under negotiation. The settled contracts have yet to be written up and signed.

Discussions over contracts will continue for the next three weeks, and a settlement conference will occur on August 5 and 6 in Washington, D.C.

Although the names of those involved in the specific four settlements have not been released, negotiation has been ongoing between the California Department of Water Resources and energy companies including Sempra Energy, Dynegy, Williams Cos., Mirant, and Allegheny Energy.

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