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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

AEP to Sell Texas Plant to Teco Energy

LCG, Feb. 8, 2001American Electric Power Co. said this morning it would sell its Frontera power plant to Teco Power Services, a subsidiary of Teco Energy Co., as part of a divestiture agreement with the Federal Energy Regulatory Commission in AEP's acquisition of Central and South West Corp.

Frontera is a 500 megawatt natural gas-fired combined-cycle plant located near the town of Missionin the Rio Grande Valley of Texas. The merchant plant, built by CSW subsidiary CSW Energy priorto the merger with AEP, began simple-cycle operation in July 1999 and combined-cycle operation in May 2000.

Teco Power Services, an affiliate of Tampa Electric Co., will pay AEP $265 million for the plant. Closing of the deal is contingent upon completion of a Hart-Scott-Rodino antitrust review.

"This divestiture is important because it allows us to comply with FERC's order on the completion of our merger, but it also provides cash that we will use to pay down debt," said Dwayne L. Hart, AEP's vice president for business development and strategy.

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