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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

Gas Drilling Goes Deeper to Offset Waning Production

LCG, Oct. 14, 2003--Drilling for gas will soon be conducted at previously unheard-of depths in the Gulf of Mexico's continental shelf.

New wells no longer yield the same amount of gas in the Gulf as they once did. Therefore, the Wall Street Journal has reported, firms such as El Paso Corp. and Shell, under the Royal Dutch/Shell Group, are prepared to drill wells as deep as five miles. The willingness to undertake such projects has increased with rising, more volatile natural gas prices, and with forgiveness by the government of royalty payments for some wells at greater depths.

One well now being drilled is called "Shark", which Shell Exploration & Production Co. plans to drill to 26,000 feet, about five miles. No deeper well now exists on the continental shelf. A well at a depth of 30,000 is planned by BP PLC, which has stated that it believes most gas to be drilled is deeper than 20,000 feet, more than three miles.
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