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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

Operations Begin at TVA's John Sevier Combined Cycle Plant

LCG, May 2, 2012--Commercial operations of the Tennessee Valley Authority (TVA) John Sevier Combined Cycle Plant commenced on April 30. The project was completed a month ahead of schedule and at a cost approximately $30 less than budgeted.

The new electric generating facility is located about 50 miles northeast of Knoxville, Tennessee at an existing TVA site with coal-fired units. At the end of 2012, two of four coal-fired units are scheduled to be retired, and the remaining two will be idled.

The new gas-fired facility incorporates a three-on-one design (three gas combustion turbines, along with one steam turbine) that provides a total generating capacity of 880 MW. The gas-fired plant will have a staff of about 30 employees.

The John Sevier Combined Cycle Plant is the fifth combined cycle site for TVA. The addition of a gas-fired power plant at an existing coal plant targeted for retirement is becoming more and more prevalent, as sites with existing infrastructure are leveraged for future use while coal units transition toward retirement.

In January, TVA completed a lease-purchase transaction to provide $1 billion in financing to support TVA?s vision of national leadership in low-cost, cleaner energy by 2020. TVA will lease the John Sevier Combined Cycle Plant to a limited liability company, for which it will receive $1 billion in proceeds. TVA will now lease it back over 30 years.
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