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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

Columbian Unrest Forces AES to Close Power Plant

LCG, Oct. 9, 2001--AES Corp. of the U.S. said yesterday it would shut down its 300 megawatt Termocandelaria power plant in the port city of Cartagena, Columbia, on December 3 because of regulatory uncertainty and the inability of the government to control rebellious elements of its populace.

AES, which also operates a 1,000 hydroelectric plant in Columbia, said it would probably dismantle the plant and move it to a country with more stable regulation and less internal conflict.

"Short- and medium-term perspectives, given current regulation and market conditions, leave us no other option," said AES of the proposed closure of the $150 million Termocandelaria plant, which it acquired from KMR Power Corp. last November.

The regulatory uncertainty that has hit AES and other foreign investors in Columbia's energy sector stems from a government decision in March to no longer compensate companies for losses incurred when Marxist guerillas blow up power plants and transmission lines.

If other power producers follow AES' lead, it could cause power shortages in Columbia, where the total generating capacity is 12,500 megawatts, more than half from plants owned by foreign companies such as AES, Union Fenosa and Endesa of Spain.

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