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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

Australian State to Fight Electric Market Power Abuse

Sept. 27, 2001--The Australian state of South Australia is faced in 2003 with joining a nationally deregulated electricity market with only two or three alternative power suppliers willing to serve its residential and small commercial customers, state industry regulator Lew Owens said yesterday, according to The Advertiser, a South Australia newspaper.

He warned that the limited amount of competition could lead to "abuses" by retailers which would force up prices, the paper said this morning.

While Owens was fretting about the possibility of market abuse in South Australia, NECA, the agency which oversees the national power market was concerned with market manipulation, and said it would act against the practice known as rebidding under which power generators drove up prices in times of tight demand.

The Australian national government has been considering delaying customer choice for small customers such as households, amid fears that they might face huge increases in their power bills. Premier John Olsen said the issue of delaying entry into the national market on January 1, 2003, was "absolutely alive," The Advertiser said.

Owens said about 10 retailers had been licensed to enter the South Australia market beginning January 1, 2003, but he had learned that as few as two might offer contracts to householders.

"There are a lot of costs in processing and metering (for residential customers) and for such small margins they say the risk is too great in South Australia," Owens said. "Clearly, if it's only one or two then that's not a competitive market we'll have to watch to be particularly careful to make sure it's not abused."

He said his greatest concern that there are no electricity price safeguards, similar to those existing in the neighboring state of Victoria.

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