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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

E·on Boosts Ruhrgas Stake to 34 Percent

LCG, Nov. 1, 2001--Big German utility Eon has increased its stake in Ruhrgas, Germany's biggest natural gas importer and distributor, to about 34 percent with the purchase of a 23.6 percent interest in Bergemann, another large Ruhrgas shareholder.

Eon had already attracted the attention of the German Federal Cartel Office, which is investigating the company's earlier purchase of a 25.5 per cent stake in Ruhrgas.

The acquisition of a portion of Bergemann gives Eon 23.6 percent of that company's 33 percent interest in Ruhrgas, bringing Eon's effective interest in Ruhrgas to 33.9 per cent.

The Cartel Office is concerned about the possibility of market abuse by Eon because of its growing control of the largest German gas importer while it also is a large retailer of natural gas. Eon has about 35 percent of the German retail gas market through its ownership of municipal energy providers and stakes in Contigas and Thuga.

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