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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

Newsmakers

Mark Dempsey has been named West Virginia president for American Electric Power Co. Inc., effective immediately. He succeeds Stuart Solomon, who was named AEP vice president-public policy earlier this year.

Lewis Hay III, currently president of FPL Group Inc.'s independent power production company, will succeed James Broadhead as president and chief executive of the parent company, effective immediately. Broadhead, chief executive since 1989, will remain as chairman through the end of the year.

J. Gordon Hurst, executive vice president of Vectren Corp. and president of its Utility Group has announced his retirement after 39 years with the company and its predecessors. Hurst joined Southern Indiana Gas and Electric Co. in 1966 while still a student at the University of Evansville.

Kristin M. Kamm has joined AGL Resources Inc. as chief information officer. She comes to AGL from BellSouth, where she served as CIO for consumer and interconnect services.

Clyde C. Osterholtz has been assigned by the Nuclear Regulatory Commission as senior resident inspector at the San Onofre Nuclear Generating Station, a nuclear power plant owned by Southern California Edison Co. near San Clemente, Calif. He most recently was resident inspector at the Fort Calhoun Station in Nebraska.

Scott N. Smith has joined American Electric Power Co. Inc. as vice president and chief risk officer. He will be responsible for enterprise-wide risk management, including oversight of commodity, operational, credit, interest rate and currency risk across all business units and functional areas. Smith previously was vice president of risk management for Global Consumer Bank, a divisionof Citigroup.

Glen Thomas has been confirmed as a member of the Pennsylvania Public Utility Commission by the state Senate. He will replace PUC Chairman John M. Quain, whose term expired. Thomas has served as deputy policy director in the Office of Gov. Ridge.

Mario Max Yzaguirre, who recently resigned as president of Enron de Mexico, will become a member of the Public Utility Commission of Texas, filling the vacancy left by Pat Wood III. Wood stepped down to join the Federal Energy Regulatory Commission on an appointment from President Bush.

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