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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

Calpine Buys Canadian Gas Producer

LCG, Feb. 8, 2001Calpine Corp. this morning announced plans to acquire Encal Energy Ltd., a Canadian natural gas and petroleum exploration and development firm based in Calgary, Alta., for about $1.2 billion including assumption of debt.

The acquisition will provide Calpine with about a trillion cubic feet equivalent of proved and probable natural gas reserves and access to firm gas transportation capacity from western Canada to California and the eastern U.S.

The San Jose, Calif.-based power provider said it was also getting "an accomplished management team capable of leading Calpine's business expansion in Canada."

Encal currently produces approximately 230 million cubic feet of gas equivalent per day, net of royalties, bringing Calpine's North America production to 390 million cubic feet equivalent. That's enough gas to fuel about 2,300 megawatts worth of power plants, the company said.

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