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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

CA Utility's Deregulation Suit Tentatively Dismissed

LCG, January 9, 2003-Pacific Gas & Electric Company's suit against California regarding price regulation has been tentatively dismissed.

PG&E, the utility and unit of PG&E Corporation, claims that electricity from its nuclear and hydroelectric generating facilities was unfairly subject to regulation by the California Public Utilities Commission in the beginning of 2001.

According to PG&E, California allowed the company's generators to sell electricity at market prices by the passing of AB 1890. During the energy crisis, the state passed AB 6X, which kept the nuclear and hydro power under state price regulation.

PG&E claims that AB 6X is the equivalent of breach of contract, as the company believes AB 1890 functions as a contract. The company asserts it lost $4.1 billion as a result of state controlled prices.

Superior Court Judge Joe Gray found that the initial law did not constitute a contract, although his ruling is only tentative.

The case comes at a time when California is trying to find the source of the spiking electricity prices of 2000 and 2001. Energy suppliers have insisted that limited generating capacity and the high price of natural gas, which fuels many generators in California, forced up the price of electricity that they produced. Therefore, market price for electricity in general was very high. As PG&E's production costs for hydro and nuclear generation were not dependent on the price of natural gas, it could have earned higher returns from the market.

PG&E is slated to emerge from its bankruptcy some time this year, although its legal route to recovery is still being argued in court.

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