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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

Missouri AG Misses Target in Gas Price Probe

LCG, Feb. 20, 2001Missouri Attorney General Jay Nixon has ended two days of hearings into the high price of natural gas. According to the St. Louis Post Dispatch, TV cameras were rolling as he "grilled gas utility executives and listened to market analysts explain why prices shot through the roof earlier this winter."

As he did so, gas prices were on their way down. Laclede Gas Co. and the Missouri Gas Energy unit of Southern Union Co. had petitioned the Missouri Public Service Commission last week, asking for a 20 percent rate cut beginning next month.

Nixon quickly shifted his target from rates to public disclosure of the documents and contracts the gas companies file with regulators when they seek a rate change. "I can't think of any good reason why someone who's been granted monopoly power to also be granted the power to hide the price they pay for something," Nixon said.

Warren Wood, head of the commission's natural gas unit, explained that some documents are public and some are not. Contracts between a utility and its supplier are typically confidential, he said. "That's not a Missouri problem," Wood said. "That's across the country."

Nixon was persistent, and said he would seek ways to open up the ratemaking to public scrutiny.

Donato J. Eassey of Merrill Lynch told Nixon that Laclede officials have done a good job of holding down prices. "I think they should be commended instead of challenged," Eassey said. "They have some of the lowest prices in the nation."

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