2011-12-22

NuScale Power Adds McGough as VP of Business Development

Michael McGough has joined NuScale Power as Vice President of Business Development with responsibility for sales, marketing, business development, proposal management, customer relationship management, customer advisory board, and branding. McGough joins NuScale from UniStar Nuclear where he was Senior Vice President, Commercial Operations, with responsibilities for sales, marketing, business development, communications, commercial processes and advocacy.

McGough is a 33-year veteran of the commercial nuclear industry, working as a vendor for companies supporting nuclear plants worldwide. He has been involved in new plants at Westinghouse and UniStar, dry fuel storage as senior vice president of marketing for NAC International, low level waste management and decommissioning at Duratek and Energy Solutions. He was senior vice president then president of PCI Energy Services where he spent 11 years working mechanical projects such as steam generator replacements and decommissionings. For the past eight months he has been advising companies on strategic matters including the impacts of the Fukushima accident. McGough has been inside the plant at all but two of the current operating U.Ss fleet, nine of the decommissioned plants and 16 plants outside the US including the reactor building at Fukushima 2.

McGough holds a Bachelor of Science in Physical Metallurgy from Washington State University, and an MBA from the Katz School of Business at the University of Pittsburgh. He is also a graduate of the Kellogg Management Institute at Northwestern University.

About NuScale Power, LLC

NuScale Power is designing a nuclear steam supply system and nuclear power plant that offers the benefits of nuclear power but takes away the issues presented by installing large capacity. The NuScale design is for a modular, scalable Light Water Reactor (LWR) nuclear power plant system. A nuclear power plant using NuScale’s technology is comprised of individual NSSS modules. Each produces 45 megawatts with its own combined containment vessel and reactor system, and its own designated turbine-generator set. A power plant can include as many as 12 NuScale integral PWR modules to produce as much as 540 megawatts. NuScale nuclear power plants are scalable – additional modules are added as customer demand for electricity increases. These multi-module plants are highly reliable – one unit can be taken out of service for refueling or maintenance, or a new unit added, without affecting the operation of the others.

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