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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 Attorney General Says Gaming of Power Market Still Possible

LCG, Apr. 13, 2004--Market manipulation of "epidemic" severity is still a possibility in California's power market, the state's attorney general Bill Lockyer maintains in a newly released report.

"The incentives to game the market and create disruption appear, for the most part, to remain in place," the report states. According to the findings in the report, neither the state nor the Federal Energy Regulatory Commission has put in place policies that will effectively deter attempts at manipulation.

The report criticizes a rule established by the FERC that restricts requests for refunds to sixty days after the occurrence of alleged overcharges and the filing of a complaint. The FERC did not recognize as eligible the state's claims that manipulation had occurred between May 2000 up to October 2000, based on the rule. In the report, it is argued that refund requests be considered without the waiting period.

Poor relations between the FERC and California officials do not show any signs of dying down. Bryan Lee, a FERC spokesman, called the attorney general's report "a cheap political stunt" in which California paid scant attention to its own poor job of market design.
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