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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

Enron Will Sell Pipelines

LCG, May 21, 2004--Enron will sell a company it owns that has full or partial positions in pipelines in North America, a move that will leave Enron with only international pipeline assets once the deal is completed.

CrossCountry Energy Corp. was formed when North American and international pipelines were assigned to two distinct companies, after what Enron managers found to be lackluster bids to buy pipelines were submitted in late 2002. As part of the deal, NuCoastal LLC, run by Oscar Wyatt Jr. of Texas, will acquire CrossCountry for $1.8 billion.

According to Stephen Cooper, who became CEO to assist in Enron's bankruptcy reorganization and was quoted in the Associated Press, the sale "reflects a stronger market for quality, high-performing energy assets than we had seen two years ago." Before the transaction can go forward, it will require approval from U.S. Bankruptcy Judge Arthur Gonzalez in New York.
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