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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

FERC Judge Rules in Favor of PG&E Utility

LCG, September 3, 2002Federal Judge Vaughn Walker ruled late Friday that California utility Pacific Gas & Electric can circumvent state laws in order to recover from bankruptcy.

PG&E utility declared bankruptcy last year after high wholesale electricity prices and retail price caps left the utility financially unsound.

The utility came up with a plan to spread its assets to four companies, three of which would fall out of the jurisdiction of state regulators even though the assets were paid for with public money.

The U.S. District judge ruled that the utility could create the three companies without state approval and without environmental evaluation.

The California Public Utilities Commission, which opposes the utilitys plan, will appeal the decision, fearing that other companies may take advantage of the ruling to evade state regulation.

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