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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

Retail Gas Prices: Up, Down and Sideways

LCG, Feb. 28, 2001With natural gas prices dropping nationwide and with warmer weather ahead, customers of gas utilities might be forgiven if they looked forward to an easing of the record prices they have been paying for the fuel.

Some will be disappointed. Out of three utilities checked, customers of one will get a price cut, those of another will see their bills increase, and those of a third won't see any difference at all.

Columbia Gas of Virginia the old Virginia Natural Gas Co. plans to cut is rates by an average of 20 percent beginning tomorrow. The company will reduce its gas charge from $1.132 per hundred cubic feet to $0.905 per hundred cubic feet.

When the base household rate of $12.25 and the delivery charge of 29 cents per hundred cubic feet delivered is figured in, a typical residential customer can expect a 15 percent reduction on his overall gas bill.

Out west, Oklahoma Natural Gas Co. filed papers yesterday with the state Corporation Commission saying its gas rate will stay at $0.714 per hundred cubic feet at least through March, if the regulators approve. The company had earlier sought $0.827 per hundred cubic feet but the commission turned it down. The difference will be recovered later.

Farther west, gas prices are going up at least in the service territory of Public Service Co. of New Mexico. It will be quite a jump at that, according to figures provided by PNM spokeswoman Julie McCabe. March rates will be 75.63 cents per therm, compared with 57.42 cents for February.

McCabe rationalized that the impact wouldn't be that great because PNM's customers typically use less gas in March.

That's typically. It's snowing today in New Mexico.

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