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TerraPower Announces Start of Construction on First Utility-Scale Advanced Nuclear Plant in Wyoming

LCG, April 23, 2026--TerraPower announced today the official start of construction on its Kemmerer Unit 1 nuclear power plant, which could be the first utility-scale advanced nuclear power plant in the United States. In early March, the Nuclear Regulatory Commission (NRC) announced that it had authorized the staff to issue a construction permit for Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.

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TVA Announces Two Energy Storage Agreements Totaling 425 MW/1,700 MWh

LCG, April 22, 2026--The Tennessee Valley Authority (TVA) yesterday announced two new, 20-year agreements for a 225 MW/900 MWh battery energy storage system (BESS) project in East Tennessee and for a 200 MW/800 MWh BESS project in northern Alabama. Both projects are planned to commence commercial operations in 2029.

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Industry News

Oman to Privatize Power, Telecoms, Airport, Mail

LCG, Nov. 20, 2000--The Persian Gulf sultanate Oman plans to split up its electric industry into separate business and sell them to private investors, according to a report published Saturday in the Oman Observer.

Electricity and Water Minister Mohammad bin Ali al-Qetabi told the paper "It will involve the unbundling and corporatization of the ministry's existing activities into a number of separate generation, transmission and distribution businesses."

The Omani government would continue to own and operate the separate businesses until they were on a successful commercial footing before selling them off, Qetabi said. He added that the government was also in the process of privatizing its telecommunication business and its international airport and plans to sell of its postal service. The water sector would remain under government control.

Last week, Oman awarded to AES Corp. of the U.S. a $455 million, 400 megawatt project to build a private power plant in Barka and is expected to sign a concession agreement next month with a consortium of Omani and foreign companies to build a private power plant in Salalah.

PSEG Global Inc. of the U.S. and Royal Dutch/Shell are principal members of the Salalah group.

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