EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Water Authority Agrees on Buyout Offer for Nevada Power

LCG, July 19, 2002--A meeting of the Southern Nevada Water Authority board resulted yesterday in a unanimous vote to tender an offer for Nevada Power Co., under the holding company Sierra Pacific Resources.

The water authority is affiliated with the Las Vegas Valley Water District, and provides municipal governments with water. It has been in discussions with Morgan Stanley, the investment bank, concerning underwriting of a buyout. The organization's general manager, Pat Mulroy, drew attention to Long Island, N.Y., which undertook a buyout of an investor-owned utility, resulting in the Long Island Power Authority.

According to Mulroy, the risk to ratepayers if Nevada Power is not bought out is in the form of higher rates, as the power company tries to improve its credit rating and overcome a poor cash situation. She said that with a buyout, rates would not have to rise.

The mayor of Las Vegas, Oscar Goodman, raised the issue of a loss of property taxes and franchise fees, now at about $26 million. Lyle Miller, managing director of Morgan Stanley, responded that under such situations, a utility often makes payments in lieu of taxes. A North Las Vegas City Council member, Shari Buck, described herself as a "cautious supporter" of the possibility being raised, and said her interactions with Nevada Power have been "very very positive."
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service