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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

CFTC Investigates Portland General Electric

LCG, June 25, 2002-The U.S. Commodity Futures Trading Commission has asked Oregon utility Portland General Electric Co. for electricity trading documents.

Portland General Electric is one of four companies that face threats from the Federal Energy Regulatory Commission to revoke their trading licenses. FERC contended that the utility did not provide sufficient information regarding its energy trading practices as ordered earlier this year.

PGE admits that four of its trades partially follow the "wash trade" pattern, as defined by FERC.

The utility also asserted that is complying with FERC and the CFTC and will send documents as requested.

PGE is a subsidiary of Enron and was bought by the corporation in 1997 in order to bring Enron into the Pacific Northwest electricity market. The utility serves 736,000 in Oregon.

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