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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

Williams Cos. Voluntarily Yields Gas Trading Data

LCG, October 29, 2002-On Friday, Williams admitted that some of its traders presented false information regarding energy-related trades; today the company has given the CFTC its records.

As the third company to reveal that its traders have reported false data, Williams has announced it is cooperating fully with the Commodity Futures Trading Commission.

False trading data may have been used to affect price indexes published and used to determine natural gas prices for contracts.

The Federal Energy Regulatory Commission is currently investigating several aspects of energy trading and has requested trading data from various companies, such as Duke Energy.

Dynegy Inc. and American Electric Power Co. have also found that some of their employees made false reports in industry publications.

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