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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

California ISO Plans to Protect California Wholesale Customers

LCG, April 10, 2002--California Independent System Operator (ISO) has asked the Federal Energy Regulatory Commission (FERC) to maintain control over wholesale electricity prices, which are to emerge unfettered on September 30 this year.

The ISO, responsible for reliable transmission of electricity statewide, wants to protect California from unreasonably high wholesale prices. ISO Board Chairman Michael Kahn stated, "FERC should have imposed these measures far earlier than it actually did. Instead California was left exposed to crippling wholesale price spikes."

If FERC allows market constraints to expire, the ISO will use another plan, October 1 Elements, which are included in its Market Design 2002 (MD02). The October 1 Elements call for a bid screen, eliminating unreasonably high bids, and continue FERC's current "must offer" rule.

Part of the long-term MD02 plan, the October 1 Elements will be given to the ISO board on April 25th and then filed with the FERC on May 1st, although the ISO would prefer to keep Federal price controls instead.

The ISO's MD02 plan has been developed after two separate four-day meetings and involved input from market players, state agencies, and hundreds of hours of work.

California's ISO, a not-for-profit corporation, took over control of most of the transmission of electricity in 1998 as part California's plan for opening energy markets.

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