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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

El Paso Sells Coal and Natural Gas Assets

LCG, November 7, 2002-El Paso Corp. plans to sell over a half a billion dollars worth of assets.

El Paso, the continent's largest pipeline company, has announced the sale or future sale of some of its coal reserves, coal properties, and gas-related assets.

El Paso has said Natural Resource Partners L.P. intends to buy Coastal Coal's reserves in areas of West Virginia and Virginia for $69 million.

Westport Resources company plans to buy natural gas sources in Utah for $502 million. Uintah Basin and Ouray Fields have a combined total of over 1,000 wells, producing roughly 80 million cubic feet of gas per day.

Currently, El Paso Corporation is under scrutiny for allegedly restricting gas supply to California during the California energy crisis of 2000/2001.

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