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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

Italian Government Overrules Regulatory Authority on Tariffs

LCG, Aug 30. 2002--The Italian government has ordered that a 1.7% increase in electricity tariffs meant to pay for oil price increases be reversed for three months, prompting an employers' lobby, Confindustria, to say that the revision will not keep inflation in check.

The tariffs in question are those on electricity and natural gas, the determination of which normally are decided by an independent electric and gas regulatory authority. The government plans to examine rule-making by the agency.

The tariff freeze would end Nov. 30. According to Confindustria, "liberalization is the way forward to bring the prices down."
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