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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 Takes over Enron Trading Ops in Scandinavia

LCG, Jan. 8, 2002--U.S. utility holding company American Electric Power Co. Inc. extended its European energy trading operations into Norway and Sweden this morning by assuming control of Enron's offices in Oslo and Stockholm, The Financial Times reported.

The Ohio-based firm, which last month acquired Enron's international coal trading operations in a deal worth about $35 million, said it had hired 35 of Enron's former traders, headed by Thor Lien. Terms were not disclosed.

"Adding Thor and his team immediately provides us with a proven wholesale platform in the Nordic region, extensive market expertise and a capability to utilize the interconnector that moves power between Germany and Denmark," said Hank Jones, head of AEP's European wholesale power business.

According to the paper, the Nordic power market is one of the most mature deregulated markets in Europe but is one from which AEP has been absent to date. The group has instead focused on the UK market, where it last year bought Fiddlers Ferry and Ferrybridge, two of the country's largest power stations, from Edison Mission Energy of the U.S.

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