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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

Entergy Announces Close of Agreement to Sell Gas-fired Power Plant in Rhode Island

LCG, December 18, 2015-Entergy Corp. yesterday announced that its wholesale generation division, Entergy Wholesale Commodities, has closed on its sale of the 583-MW Rhode Island State Energy Center to Carlyle Power Partners. The agreement was announced in October 2015.

The base sales price for the Rhode Island State Energy Center (RISEC), excluding adjustments, is approximately $490 million. Entergy purchased the plant from NextEra Energy Resources, LLC for $346 million in December 2011.

RISEC is a natural gas-fired, combined-cycle electric generating facility located about five miles from Providence, Rhode Island. The facility entered commercial service in 2002.

Entergy's Chairman and CEO stated, "RISEC has been a good investment for us, and its sale is consistent with our strategy for Entergy Wholesale Commodities - to be disciplined about reducing risk and freeing up financial resources for other opportunities."
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