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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

FERC to Hold Meeting on Market Rules

LCG, August 28, 2002-The Federal Energy Regulatory Commission plans to conduct a public meeting October 2 in order to discuss fair market rules for wholesale electricity trading.

The meeting is one of several that FERC is holding in order to begin implementing its standard market design plans. The October meeting will allow FERC to take public input on such possible rules as requiring transmission operators to employ market indices and reporting in order to monitor trading.

Market rules have come under scrutiny after evidence of gaming and manipulative market practices came to light earlier this year in regard to the California energy crisis of 2000/2001. Several companies are now under investigation by both FERC and the Securities and Exchange Commission.

FERC's proposed market design, which provides for regional transmission organizations, is listed under docket RM01-12.

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