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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

California Utilities Will Buy Power in 2003

LCG, Oct. 25, 2002--The California Public Utilities Commission (PUC) yesterday mandated that beginning Jan. 1, 2003, Pacific Gas & Electric Co., Southern California Edison, and San Diego Gas & Electric must start buying power for their customers again, and will have access to interest-free credit from the state if necessary.

The Department of Water Resources will exit from its role as buyer of power at the end of this year, although it began buying power through long-term contracts signed during last year's energy crisis. Only a minimal percentage of overall supplies will be purchased by the utilities, which will be assigned the contracts.

The PUC also said that it would move from reviewing decisions made by the utilities after the fact to a new regulatory mode, of going over plans in advance of their execution. The investor-owned utilities have pushed for such treatment in cases in which unforeseen regulatory factors came to light once they had pursued initiatives on their own.

The President of the PUC, Loretta Lynch, said that with the ruling, "the utilities are back in business." It found that the utilities' projected purchases are "well within their ability to finance."
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