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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

French Electricity Prices Suggest Pending Strike

LCG, May 27, 2003-French power unions are going to strike on June third, an action that may seriously limit the country's electricity capacity.

Prices already reflect increases from summer demand and lack of rainfall, but prices for peak demand power went up even more after the announcement of the strike.

Peak electricity for week 23 went for 38/40 euros. Today June baseload sold at a maximum of 22.45 euros, ending at 22.15/22.45 today, an increase from yesteday's 21.65 euros.

Workers are conducting the strike regarding pension reforms. Currently issues of privatization are also sparking discord in France.

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