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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

BG North America Adds to Its Northeast Power Portfolio

LCG, December 28, 2006--BG North America, a wholly owned subsidiary of BG Group plc, announced today that it has executed an agreement to purchase the Lake Road Power Plant in Connecticut. The stated purchase price is $685 million. The purchase is expected to close in the first quarter of 2007, given timely regulatory approvals.

The Lake Road Power Plant, located in Dayville, is a combined cycle facility that can be fueled by either natural gas or oil. The electric generating capacity of the plant is 805 MW, and the plant delivers power into ISO New England (ISO-NE).

BG Group is a global natural gas business that operates four business segments ? exploration and production, LNG, transmission and distribution, and power. The purchase of the Lake Road Power Plant is the second power plant acquired this year by BG North America. In September, BG North America entered the power market by purchasing the 170-MW, gas-fired, Dighton Power Plant from Calpine Corporation for $90 million. The Dighton Power Plant, located in Massachusetts also delivers power into ISO-NE.
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