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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

Western Electricity Investigation to Conclude by February

LCG, September 5, 2002-The Federal Energy Regulatory Commission has announced it expects to finish its inquiry into the energy crisis of 2000/2001 by February 2003.

At a Lehman Brothers conference yesterday, FERC Chairman Patrick Wood asserted that evidence gathering would ideally be completed by the end of December and definitely by February of next year. Companies found innocent of market manipulation will be publicly cleared as part of an effort to restore investor trust. A final report on the investigation will aim to give direction to a new and, it is hoped, financially sound, wholesale electricity market.

Wood touched upon other topics at the conference as well, including the establishing of FERC's standard market design and the creation of new liquified natural gas pipelines from northern areas like Alaska.

He admitted that FERC did not do its part to prevent the crisis, but he was positive about FERC's ability to create a market resistant to a repeat performance of that which occurred last year.

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