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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

UK's BG to Buy Enron India Oil and Gas Assets

LCG, Oct. 3, 2001--British natural gas producer BG Plc said this morning it had agreed to buy Enron Corp.'s oil and gas assets off India's west coast for $388 million to complement its Indian interests in gas distribution and liquefied natural gas.

Enron's Dabhol Power Co. is not part of the deal, though Dabhol's 2,184 megawatt power plant is fueled by LNG obtained under a long-term agreement from Qatar.

Enron Oil and Gas India Limited has a 30 percent interest in the Tapti and Panna Mukta fields north west of Bombay, and a 62.4 percent interest in the CB-OS/1 exploration license off the state of Gujarat. The Enron unit is operator of the concessions under agreements with its joint venture partners.

In addition to regulatory approvals, the sale of Enron's assets would require confirmation that Enron Oil and Gas India would continue as operator of the fields under BG's ownership. However, the state-run drilling company ONGC, which has a 40 percent stake in Tapti and Panna Mukta, has indicated it wants to take over operation of the fields.

On learning of Enron's interest in selling its interests in the fields, ONGC expressed interest in boosting its ownership to 70 percent.

BG has LNG import facilities under development in western India. David McManus, the company's executive vice president with responsibility for India, said yesterday "What this additional gas will do is create the marketplace in advance of LNG imports coming in behind it and in fact will fill the supply deficit that currently exists."

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