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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

New Mexico Poised to Raise Renewable Energy Requirements to 80 Percent

LCG, March 14, 2019--The Legislature of New Mexico recently passed the Energy Transition Act, which is now expected to be signed by the Governor.

The renewable energy requirements set forth in the Energy Transition Act (Senate Bill 489) for electric distribution cooperatives and public utilities include 40 percent by January 1, 2025 and 50 percent by January 1, 2030. The legislation also includes a target to achieve a zero carbon resource (i.e., resources that emit no carbon dioxide) standard by January 1, 2050, composed of at least 80 percent renewable energy. For public utilities, the renewable energy requirements also include no less than 80 percent by January 1, 2040 and zero carbon resources shall supply 100 percent of all retail sales of electricity in New Mexico.

The Governor recently stated in an editorial, "We have a unique opportunity to transform energy in New Mexico with the Energy Transition Act. Senate Bill 489 is bold, comprehensive legislation that will establish the state as a national leader in both renewable energy and address the causes of climate change, providing a pathway for a low-carbon energy transition away from coal and providing workforce training and transition assistance to affected communities."

The legislation also includes terms to support the Public Service Company of New Mexico recoup its investments in the coal-burning San Juan Generating Station, plus funds to aid displaced workers.
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