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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

Britain Makes a Move to Standardize Market

LCG, April 15, 2002The British government will move on enacting the British Electricity Trading and Transmission Arrangements (BETTA), an attempt to open the whole British market so that conditions are equalized between England, Scotland, and Wales.

British Energy Brian Wilson is anticipated to propose energy market legislation which will give rise to a unified energy trading system.

When British energy was privatized eleven years ago, Scottish consumers paid about 7 percent less than their English counterparts because of their hydroelectric generators, but now Scottish prices are 9 percent higher than English prices.

BETTA is hoped to bring about 16 million worth of cuts to Scotland, as well as 35 million to the system as a whole. The plan will give Scottish generators better access to the British energy market.

Energywatch, a consumer watchdog group recently accused the industry of denying British consumers $575 million (400 million pounds) in possible rate cuts.

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