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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 Jersey Okays First Energy Takeover of GPU

LCG, Sept. 27, 2001--The New Jersey Board of Public Utilities yesterday approved First Energy Corp's. proposed $4.5 billion acquisition of GPU Inc., a GPU official said.

Ned Raynolds, a spokesman for GPU, said the New Jersey regulators voted 2-1 in favor of the merger, which will create an electric distribution and transmission utility stretching from Toledo, Ohio to the Jersey shore.

Yesterday's vote was taken on a settlement the two companies reached last month with New Jersey officials and electricity customers dealing with financial technical matters surrounding the merger.

The merger is expected to result in about 1,250 job cuts, mostly in GPU's Pennsylvania service territory. About 300 jobs in New Jersey may ultimately be lost.

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