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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

Pennsylvania PUC Finds Anticompetitive Behavior

LCG, June 14, 2002--A six-month investigation by the Pennsylvania Public Utilities Commission into wholesale and retail electricity markets during 2001 has been referred to the state attorney general's office, the Federal Energy Regulatory Commission, and the U.S. Justice Department.

The Commission's ruling yesterday concluded that in early 2001, the rates charged by PPL Corp., a utility serving central and northeastern Pennsylvania, caused alternative suppliers to exit the market for wholesale and retail service. "It appears evident that PPL aggressively sought to exploit market rules by obtaining a corner on [the market] and... utilitized it to maximize profits and... undermine its wholesale-market competitors," according to the Commission. Pennsylvania-Jersey-Maryland Interconnection (PJM), the grid operator which oversees the electricity market within the mid-Atlantic region, provided the basis for the PUC's unanimous 5-0 decision.

PJM's rules require that suppliers of electricity secure a certain amount of available power resources above what they arrange to sell. A spike in the price of these reserves lasted for nearly three months beginning in January 2001, with the price going from approximately $5 to more than thirty times this level. The PUC concluded that PPL, which owned much of the generating resources, deliberately withheld power from the market, resulting in the spike.

Pennsylvania and New Jersey suppliers offering power supply in competition with the existing utilities in those states have fared poorly, with many not owning their own generating assets. In Pennsylvania, 38 percent of 96 such suppliers have exited the market, and in New Jersey, 12 out of 26 still serve the state.
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