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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 Energy Partners, L.P. Becomes GulfTerra

LCG, May 1, 2003El Paso Energy Partners, L.P has decided to change its name and stock ticker.

El Paso Energy Partners was the third-largest master limited partnership in the country at the end of last year and is changing its name in an effort to distinguish itself from the El Paso Corporation, the large pipeline company which is an indirect partner. Although probably not its intended, the move will also distinguish the company from completely unrelated utility El Paso Electric.

No mention was made as to whether or not the name change came in response to El Paso Corporation'ss economic situation, which has resulted in the sale of several assets.

The name GulfTerra is intended to relate to the size and scope of the partnerships midstream operations, according to CEO Robert Phillips.

GulfTerras New York Stock Exchange Symbol will be GTM.
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