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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

Cinergy Reorganization Aimed at Boosting Growth

LCG, Feb. 6, 2001Cinergy Corp. said last night that it would reorganize its business units into three groups, one for regulated businesses and the other two for merchant energy and something called "power technology and infrastructure services."

"Today, about 50 percent of our earnings come from non-regulated markets," Chief ExecutiveJames Rogers said, calling it "a dramatic change from five years ago when nearly all of our earnings came from our regulated business."

The company said each of the units will have its own chief executive, with Michael Cyrus heading up the merchant energy group, made up of Cinergy's power plants. He currently heads the company's energy commodities division.

William Grealis will run the regulated businesses, which consist of the company's gas and electric transmission and distribution activities. He now is an executive vice president and Rogers' chief of staff. Larry Thomas, who is at present the head of power technology and energy delivery, will be chief executive of power technology and infrastructure services.

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