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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

FERC Survey to Determine Cooperation with Reporting Standards

LCG, Sept. 8, 2003--Two surveys will be conducted by the Federal Energy Regulatory Commission, one in October, and the next in March, to determine whether natural gas and electricity traders are conforming to voluntary guidelines established by the agency regarding price reporting to index publishers.

Buyers and sellers of gas and electricity in the cash market will be asked to respond to 20 questions that are meant to gauge the level of participation in price reporting, the detail with which trades are being reported, and company systems for circulation of such information beyond traders, to managers.

Comments on the surveys will be accepted through Sept. 17. Some index publishers have already submitted ideas about how more meaningful and accurate price indices can be developed. The departure of some companies from energy trading has impacted the volume of data reported, as has companies' wariness concerning possible investigations into alleged manipulation.
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