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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

Prague Names Bidders for Energy Sector Auctions

LCG, Oct. 9, 2001--The government of the Czech Republic has drawn up a shortlist of bidders expected to participate in the auction of majority stakes in the upcoming privatization of its electricity and natural gas industries.

Companies set to bid for Czech electric companies are Electricit de France, Electrabel of Belgium, a joint venture between Enel of Italy and Iberdrola of Spain, and another joint venture between NRG Energy Inc. of the U.S. and International Power of the UK.

The Czech-list, if you will, for the natural gas companies includes Duke Energy Corp. of the U.S., Germany's Eon, the Italian Edison Gas, Gas Invest of the Czech Republic, a joint venture between RWE Gas and Wintershall of Germany, and a consortium consisting of Italy's Snam, Ruhrgas of Germany and Electricit de France.

The privatizations are aimed at improving the Czech energy sector's competitive position in the increasingly liberalized European Union market and proceeds from the sales are seen as needed to shore up the Czech national balance sheet.

The government hopes to raise between 200 billion and 250 billion korunas ($5.4 billion to $6.8 billion U.S.) through the sale of two-thirds CEZ alone. CEZ operates the Czech national transmission grid and generates most of the country's electric power.

Among CEZ's assets is the controversial Temelin nuclear power plant, but British Energy has expressed interest in acquiring Temelin separately from other CEZ properties.

In the natural gas sector, the successful bidder for Czech Transgas will control a vital link in the pipeline connecting Russia's Gazprom with its markets in Western Europe.

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