News
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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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
SWEPCO Announces $2.2 Billion Investment in Wind and Solar Projects
LCG, June 2, 2022--Southwestern Electric Power Company (SWEPCO), a subsidiary of American Electric Power (AEP), announced earlier this week plans to acquire three renewable energy projects with a combined capacity of 999 MW. The projects represent a $2.2 billion investment in carbon-free, electric generation resources that are expected to commence operations by the end of 2025.
SWEPCO plans to issue another request for proposal (RFP) in the near term for additional renewable energy consistent with the company's integrated resource plan (IRP) for its energy and capacity needs.
AEP’s chairman, president and chief executive officer stated, “This investment is another key step in SWEPCO's efforts to secure renewable, affordable energy and achieve a more balanced fuel mix. AEP remains focused on adding approximately 16 gigawatts of regulated renewables to our generation portfolio by 2030 and reaching net-zero carbon emissions by 2050.”
SWEPCO is seeking approval from regulators in Arkansas, Louisiana and Texas to acquire the 200-MW Mooringsport solar project in Caddo Parish, Louisiana; the 200.6-MW Diversion wind project in Baylor County, Texas; and the 598.4-MW Wagon Wheel wind project spanning Logan, Garfield and Noble counties in Oklahoma. AEP will file with the Federal Energy Regulatory Commission (FERC) for approval to transfer the projects from Invenergy following state regulatory approvals.
Invenergy is developing the three projects. Diversion is expected to reach commercial operation in December 2024, and Mooringsport and Wagon Wheel are expected to come online in December 2025.
SWEPCO's long-term plan calls for more than one-third of its Southwest Power Pool (SPP) accredited capacity to be satisfied with wind and solar resources. In February, SWEPCO announced plans to add 72.5 MW of solar energy through a power purchase agreement with the proposed Rocking R Solar project in northwest Louisiana.
SWEPCO and its affiliate, Public Service Company of Oklahoma (PSO), also own and operate the 1,484-MW North Central Energy Facilities in north central Oklahoma. The project includes 199-MW Sundance, 287-MW Maverick and 998-MW Traverse wind projects and is one of the largest wind facilities in the world.
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UPLAN-ACE
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UPLAN-G
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PLATO
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