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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

Dominion Resources Completes Exit from Latin America

LCG, Oct. 13, 2000Sempra Energy International, a subsidiary of utility holding company Sempra Energy Inc., said yesterday it has completed the purchase of Dominion Resources Inc. natural gas and electricity assets in Argentina for $145 million.

The deal, which has been approved by Argentine anti-trust authorities, completes Dominion's exit from Latin America.

Thomas E. Capps, Dominion's chairman, president and chief executive, said "The transaction will enable Dominion to enhance the company's debt structure and de-leverage its balance sheet. And itadvances our long-term strategy to divest non-core assets and focus our resources on energy markets in the Midwest, Northeast and Mid-Atlantic regions of the United States."

The principal asset Sempra acquired was an additional 21.5 percent interest in Sodigas Pampeana and Sodigas Sur, raising its total stake to 43 percent. The Sodigas firms are holding companies for Camuzzi Gas Pampeana and Camuzzi Gas del Sur, which serve a combined 1.2 million customers in central and southern Argentina.

Camuzzi Argentina owns the controlling 57 percent interest in the Sodigas companies. Sempra agreed to sell one of the assets acquired from Dominion, a 25 percent interest in Baeco which is a holding company for electric distributor Empresa Distribuidora de Energia Atlantica, to Camuzzi for an undisclosed sum.

Camuzzi Argentina is a subsidiary of Italian Camuzzi Gazometri.

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