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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

Plug Power Expands Deals with GE, DTE

LCG, Aug. 30, 2001--Plug Power Inc. announced today that it has finalized new agreements with GE Fuel Cell Systems, GE MicroGen Inc., GE Power Systems Equities and DTE Energy Technologies in line with deals worked out earlier this year.

Under the new agreement, GE Fuel Cell Systems' exclusive, worldwide distribution rights are expanded to include the full range of Plug Power's stationary proton exchange membrane fuel cell systems where the previous agreement excluded fuel cell systems greater than 35 kilowatts and systems designed for uninterruptible power supply applications.

That agreement isn't quite worldwide, in that it excludes a four-state territory served by DTE.

As part of the GE deal, Plug Power has increased its ownership in GE Fuel Cell Systems to 40 percent from its previous 25 percent and, in return, will grant GE Power Systems Equities options to purchase 725,000 shares of Plug Power common stock.

Plug Power said it also completed a separate agreement with DTE Energy Technologies expanding their exclusive distribution rights within the states of Michigan, Illinois, Ohio and Indiana. Under the agreement, DTE will market and distribute all sizes of Plug Power's stationary fuel cell systems for use in any power application, except for propulsion.

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