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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

Texas Utilities Allowed Rate Increase For Fuel

LCG, Aug. 9, 2002--Texas utilities that were not granted a rate increase by the Texas Public Utility Commission were allowed by a state district judge to include rate increases for fuel purchases.

The PUC had sent the rate case by the utilities to the State Office of Administrative Hearings several weeks ago, and will review the rate case on Sept. 25, as planned. The companies include Reliant Resources and TXU Corp., among others. Injunctive relief is being permitted by Judge John Dietz until the PUC hears the rate case, or seeks an appeal to the injunction.

Fuel price increases of at least 4 percent over a 10-day period are to be justification for rate increases by utilities up to two times per year, according to rules on rates. The PUC had expressed concern about natural gas pricing, while an administrative law judge conclued that rate increases could lead to large profits. Dietz said of the PUC's denial of the increase, "I find this is an arbitrary and capricious exercise of its power."

Energy marketers who wish to compete with the utilities as alternative suppliers may have a better chance of undercutting the utilities' prices, said Chris Reeder, a lawyer representing Green Mountain, AES New Energy and Strategic Energy.
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