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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 Pursues State Legislation to Support Nuclear Plants in Ohio

LCG, February 24, 2017--FirstEnergy Corp. is pursuing legislation in Ohio to provide financial support to its two nuclear power plants, Davis-Besse and Perry, through a zero emission credits (ZECs) program. The financial support is sought to avoid premature retirement of the carbon-free electric generating facilities that have a combined capacity of 2,176 MW.

On Wednesday, FirstEnergy's president and chief executive officer stated, "We continue to assess and evaluate a number of strategic alternatives for our companies - for our competitive business, including asset sales, legislative or regulatory initiatives for generation that recognizes environmental or energy security benefits, alternatives for our retail business and financial restructuring."

Last year, state legislation with ZEC programs was passed in Illinois and New York to provide financial support and avoid early retirement of nuclear plants located in those states. The nuclear power plants are challenged to compete in a market with a growing number of combined-cycle plants fueled by low-cost natural gas. Furthermore, aggressive state renewable portfolio standards drive significant new installations of wind and solar capacity that reduce the net electricity load and dampen wholesale power prices. The New York Clean Energy Plan goal is 50 percent renewable energy by 2030, and the Illinois Renewables Portfolio Standard goal is 25 percent for 2026. In addition to providing clean energy with no carbon dioxide or other air emissions, the number of employees at the nuclear plants and the associated plant property taxes are a significant benefit to the counties in which the plants are located.
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