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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

Connecticut AG Opposes ISO-NE's Latest Proposal

LCG, September 8, 2004--ISO New England's (ISO-NE) latest proposal to the Federal Energy Regulatory Commission (FERC) to include two locational ICAP (Installed Capacity) markets in Connecticut is opposed by Connecticut Attorney General Richard Blumenthal, who estimates customers in the Southwest Connecticut market could annually pay as much as $100 million more for power. "It provides a windfall to power-plant owners and higher rates charged to one area of the state without any benefit to consumers."

The locational ICAP markets are designed to attract new generation on a locational basis, i.e., where it is needed given the location of load and transmission lines, to improve electric reliability. ISO-NE's original proposal of March 1, 2004 included four ICAP Regions: Northeast Massachusetts-Boston, Maine, Connecticut, and Rest of Pool. In response to specific directives from the FERC, the latest testimony submitted by ISO-NE splits Connecticut into two locational markets (Southwest Connecticut and Rest of Connecticut), recognizing the current transmission limitations.

In the long run, if generation is attracted (consistent with the objective of the market design) and/or transmission upgrades - such as the proposed Middletown-Norwalk transmission upgrade - occur, then the locational markets would see similar prices and could even be combined. However, electric infrastructure additions in Connecticut have been slow to occur at best.

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