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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

EdF to Boost Stake in Argentina's Edenor

LCG, Feb. 26, 2001Electricit de France subsidiary EDF International will purchase additional ownership interest in Argentine electric distribution company Edenor from Spanish utility Endesa and petroleum company Repsol-YPF, the European companies said separately this morning.

Edenor is one of two electric distribution companies serving Buenos Aires, Argentina's largest city. It and Edesur, which is also party owned by Endesa, serve about 14 million people. The Argentine government has ruled that Endesa must sell its stake in one or the other in order to ensure competition.

EDF International will buy all of the ownership interest in Edenor presently held by Endesa Internacional and Astra Capsa, Repsol's Argentine subsidiary. The deal will increase EdF's interest from 32 percent to 81 percent.

The agreement announced today will begin a 30-day negotiation process between the companies. The transaction will be subject to approval by directors of all three companies and by French and Argentine government regulators.

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