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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

ISO New England Files Testimony for Locational ICAP

LCG, September 1, 2004--ISO New England filed testimony yesterday with the Federal Energy Regulatory Commission (FERC) regarding the development of ISO New England's proposed Locational Installed Capacity (Locational ICAP) market, which is designed to attract new generation on a locational basis to improve electric reliability.

The new testimony follows ISO New England's filing of March 1, 2004, which included a proposal to create four ICAP Regions: Northeast Massachusetts-Boston, Maine, Connecticut, and Rest of Pool. In the subsequent FERC Order issued on June 2, the FERC proposed the division of the Connecticut Region into two locational ICAP Regions (Southwest Connecticut and Rest of Connecticut), to which the ISO agreed in a July 2 compliance filing.

In the June 2 Order, the FERC accepted ISO New England's proposed sloping demand curve and the locational market design; however, it rejected the transition plan and set three general issues for hearing: the parameters of the demand curve, Capacity Transfer Limits (CTLs), and capacity transfer rights (CTRs). The ISO's latest testimony addresses these issues, including a refined analysis of the estimated cost of new, peaking generation in New England.

ISO New England anticipates a final decision on the market's design from the FERC in June 2005 and implementation on January 1, 2006.

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