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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

Phase 3 of Sweetwater Wind Project Completed

LCG, January 11, 2006--The third phase of the Sweetwater Wind Project achieved full commercial operations on December 30, 2005. The 135-MW expansion consists of ninety, 1.5-MW GE turbines and is located in Nolan County, Texas. The total capacity of the wind farm is now 264 MW.

DKRW Energy LLC of Houston was the lead project developer. Catamount Energy Corp. is an equity investor in the project and a co-developer. Babcock & Brown participated as the financial advisor for the project and as an equity investor and a co-developer in the project. The development and the construction were funded by Babcock & Brown and Catamount. Babcock & Brown will also act as project administrator overseeing the operations and maintenance at the facility.

Phase 2 of the project, which consisted of 61 GE turbines with a capacity of 91.5 MW, was completed nearly a year ago in February 2005. The initial phase consisted of 25 GE turbines and was completed in January 2004.

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