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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

FirstEnergy Completes Sale of Hydroelectric Power Stations with a Combined Capacity of 527 MW

LCG, February 13, 2014--FirstEnergy Corp. announced yesterday that it has completed the sale of 11 hydroelectric power stations to Harbor Hydro Holdings, LLC, a subsidiary of LS Power Equity Partners II, LP, for approximately $395 million.? The total capacity of the hydroelectric facilities is 527 MW and represents less than 3 percent of FirstEnergy's generation fleet output. The sale includes the Seneca Pumped-Storage Hydro Plant (451 MW), located in northwestern Pennsylvania.

FirstEnergy announced its interest to sell the plants in May 2013, with the intent to use the sales proceeds to reduce debt. A sales agreement with Harbor Hydro Holdings was reached in August 2013, and FirstEnergy applied for authorization from the Federal Energy Regulatory Commission (FERC) to sell the hydroelectric power stations in September 2013.

The hydroelectric power stations included in this sale are owned by FirstEnergy Generation, LLC, Allegheny Energy Supply Company, LLC and Green Valley Hydro, LLC. The sale includes the following facilities: Seneca Pumped-Storage (451 MW) in Warren, Pennsylvania; Allegheny Lock & Dam 5 (6 MW) in Schenley, Pennsylvania; Allegheny Lock & Dam 6 (7 MW) in Ford City, Pennsylvania; Lake Lynn (52 MW) in Lake Lynn, Pennsylvania; Millville (3 MW) in Millville, West Virginia; Dam 4 (2 MW) in Shepherdstown, West Virginia; Dam 5 (1.2 MW) in Falling Waters, West Virginia; Warren (750 kW) in Front Royal, Virginia; Luray (1.6 MW) in Luray, Virginia; and Shenandoah and Newport (860 kW and 1.4 MW, respectively) in Shenandoah, Virginia.

FirstEnergy subsidiary Allegheny Generating Company continues to own 1,200 MW of the 3,000 MW Bath County Pumped-Storage Hydro facility in Warm Springs, Virginia. In addition, FirstEnergy subsidiary Jersey Central Power & Light (JCP&L) continues to own 200 MW of the 400 MW Yards Creek Pumped-Storage Hydro facility in Blairstown, New Jersey.
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