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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

Reliant Expects Gain on Sale of NY Power Plants

LCG, May 25, 2004--A group of 72 power plants acquired by Reliant Energy Inc. in early 2002 will be sold, according to a definitive agreement signed with Brascan Corp. of Toronto.

The deal represents a transfer of 770 megawatts, with all of the plants being hydro except for a single cogeneration plant. It is subject to antitrust review by regulators at the federal and state levels. Brascan, which holds power generation and real estate assets, would increase its ownership of generating capacity by approximately 50 per cent.

Reliant anticipates that it will realize a "significant" gain from the transaction in the third quarter. The assets were purchased by Reliant when it acquired Orion Power Holdings and that company's 6,122 megawatts of generating capacity.
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