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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

Avista Corp. to Testify Before FERC Judge on Market Behavior

LCG, April 3, 2003Federal Energy Regulatory Commission Administrative Law Judge Curtis L. Wagner, Jr. will hear arguments April 9 regarding whether or not an energy market manipulation investigation can be closed.

A year ago FERC began the process of investigating possible energy market manipulation. The commission ordered firms to respond to allegations of improper trading. Avista Corp,, among many other companies, has been subject specifically to a five-month investigation by FERC.

FERC investigators earlier found no market manipulation linked to Avista Corporation, and the Commission began the process of closing the file on Avista.

Now a FERC judge must determine whether or not all concerns raised regarding Avista have been met: no evidence has been found to show Avista Utilities or Avista Energy staff knowlingly participated in improper trading, manipulation of western energy markets, or withholding relevant market information during the FERC inquiry.

According to some sources, Judge Wagner has some reservations regarding the possible settlement, especially in light of a report issued by FERC staff recently that may show Avista involved in unfair trading arrangements.

Meanwhile, Avista is positive about the possible settlement and continues to oppose potential California refunds.

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