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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

Russian Gas Unable to Get Customers to Pay

LCG, August 7, 2002-OAO Gazprom says it intends to reassess its development program in response to mounting unpaid gas bills.

The Russian gas giant, which reports itself as the largest gas company in the world, is due $1.4 billion or 45 billion rubles in unpaid gas bills.

Gazprom says it will concentrate on reliability in gas delivery but has requested that the Russian government increase gas rates, which are currently insufficient to cover Gazprom's production costs.

The company's lack of funds have prevented maintenance of pipelines and various winter preparations.

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