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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

Missouri Regulators Okay Laclede Holding Company

LCG, Aug. 17, 2001--Laclede Gas Co. said yesterday that Missouri regulators have approved the company's plan to form a holding company, and Douglas H. Yaeger, the firm's chairman, president and chief executive said the umbrella organization should be up and running by October 1.

"Our goal is to better serve the needs of our customers and our shareholders," Yaeger said, splitting his infinitive. "We plan to do this by continuing to improve the reliable natural gas service provided by our regulated core utility business while further developing our presence in unregulated arenas with which we are familiar and have some expertise."

Laclede shareholders approved the holding company, to be called The Laclede Group Inc., at the company's annual meeting last January. With approval by the Missouri Public Service Commission, the St. Louis-based natural gas distributor is free to move forward with its plans.

Laclede Gas, which serves 633,000 customers in and around St. Louis, will become a subsidiary of the new holding company and will remain a regulated utility. Its present subsidiaries -- Laclede Energy Resources Inc., Laclede Venture Corp., Laclede Development Co., Laclede Investment Corp., Laclede Gas Family Services Inc., and Laclede Pipeline Co. -- will be folded into the holding company as unregulated businesses.

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