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EIA Analysis of Southwest Hydropower Generation Shows Record Lows and Slow Recovery

LCG, November 13, 2026--The U.S. Energy Information Administration (EIA) today issued an "In-Brief Analysis" highlighting the record lows for hydropower generation in the Southwest this summer. The prolonged drought conditions affecting the Colorado River Basin caused record low hydropower generation this summer in the Southwestern electricity supply region, which includes Arizona, New Mexico, and small parts of Nevada and California. Hydropower generation from April through August 2026 was a full 28 percent lower than the 10-year average and 19 percent lower than during the same period last year.

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NRC Issues Construction Permit for Long Mott High-Temperature, Gas-Cooled Reactor in Texas

LCG, November 11, 2026--The Nuclear Regulatory Commission (NRC) announced on November 9 that it has approved the Construction Permit Application ("CPA") for the Long Mott Generating Station in Texas. Long Mott Energy, LLC (LME) must obtain a separate operating license from the NRC before loading fuel or operating the reactors.

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Industry News

Newsmakers

Four senior executives have been appointed by the AES Corporation to the position of Chief Operating Officer, under the leadership of Dennis Bakke, president and chief executive officer. The four men, who will retain the title of Executive Vice President, are Paul Hanrahan (Growth Distribution), John Ruggirello (Contract Generation), J. Stuart Ryan (Competitive Supply), and Barry Sharp (Large Utilities). Each will have regional responsibilities. Three former vice presidents of AES Corp. have been promoted to senior vice president: William Luraschi, General Counsel; Shahzad Qasim, AES Oasis Group Manager, and Sarah Slusser, AES Aurora Group Manager.

James H. Oglesby has been promoted to president and chief operating officer of the Southern Union Company's Missouri Gas Energy (MGE) division. Oglesby, who joined MGE in 1968, was made the chief operating officer of the division in September.

New positions in risk management have been created by American Electric Power. The company has named Scott N. Smith senior vice president and chief risk officer; Stephan T. Haynes vice president - market risk oversight; Frank Hilton vice president and chief credit officer; and Douglas W. Payne, managing director - risk and insurance management.

CH Energy Group has appointed Stephen V. Lant Chief Operating Officer and elected him to the corporation's board of directors. CH Energy Group is the corporate parent of the utility subsidiary Central Hudson Gas & Electric Corporation and the the non-regulated divisions Central Hudson Energy Services.

Premcor Inc. has announced the appointment of Thomas D. O'Malley to the positions of chairman, chief executive officer, and president. O'Malley joined Premcor from Tosco Corporation, where he served as chairman and chief executive officer. He most recently served as vice chairman and a director of Phillips Petroleum when Tosco was acquired in September 2001 by Phillips Petroleum.

William Bowers has been appointed vice president of Environmental Affairs at Alabama Power. Bowers was most recently general manager of environmental affairs at Alabama Power, having joined Alabama Power in 1971.

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