EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Former Avista Trader Fined

LCG, Sep. 13, 2002--A fine of $155,000 was levied on former Avista electricity trader Robert Kristufek as part of a settlement with the Commodity Futures Trading Commission yesterday.

An investigation into market manipulation of settlement prices at Palo Verde and the California-Oregon Border led to the settlement, in which Kristufek did not indicate whether or not the charges against him were justified. The CFTC stated that Avista Energy Inc. "had entered into cash-settled over-the-counter option contracts whose value was based on the daily settlement prices of the electricity futures contracts at issue," prior to alleged wrongdoing by Kristufek. According to the agency, Kristufek "manipulated those settlement prices in order to increase Avista Energy's net gain on its option contracts."

The contracts in question traded on four days in the spring and summer of 1998, on the New York Mercantile Exchange. Related charges were settled last year against former Avista Vice President Thomas Johns and another former trader Michael Griswold. Kristufek has not been with Avista for four years, according to the company.
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service