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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

TECO, Aquila, Questar Deny "Round-Trip" Trades

LCG, May 21, 2002-TECO Energy, Aquila, and Questar asserted that they made no "round-trip" trades in the California electricity market.

Because of the release of Enron memos elaborating strategies by which to manipulate the electricity market, the Federal Energy Regulatory Commission ordered over a hundred energy companies to state whether or not they participated in any of the twelve listed strategies by May 22.

TECO said in a press release yesterday that it employs policies to prevent "round-trip" trades, where energy is sold and bought back at the same price in order to artificially inflate trading volumes. Aquila, El Paso Corporation, and Questar have also denied participating in "round-trip" trades, while Williams Cos., which will make a more significant statement tomorrow, says this type of trade made up less than 1 percent of its total trade volume.

Reliant Resources, Dynegy, and CMS Energy have admitted to participating in "round-trip" trades.

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