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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

Rate Increases Since '90 Greatest in Nevada

LCG, Sept. 10, 2003--Californians and New Yorkers can still lay claim to paying the highest rates for electric power, but those rates have not risen as fast since 1990 as those in Nevada, according to the U.S. Energy Information Administration (EIA), the statistical arm of the Department of Energy.

The average increase across Nevada-based investor-owned and municipal utilities and cooperatives taken into consideration was 60%. The average family in the Las Vegas area, served by Nevada Power Co., pays $107.88, up from $62.75, and has experienced a 74% increase. Nevada Power obtains 60% of its requirements for power from other suppliers at peak-demand hours, said the executive vice president of Nevada Power's owner, Sierra Pacific Resources, Michael Yackira. Rates for all state residents are about 30% less than those paid by California residents.

In neighboring Arizona, rates actually fell, by 11.8%, to an average residential rate of 7.91 cents per kilowatt-hour.

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