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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

Regulators Give Some Peco Customers to Marketer

LCG, Nov. 30, 2000--The Pennsylvania Public Utility Commission said in a statement yesterday that about 299,000 residential customers of Peco Energy Co. will receive "discounted electricity" from the New Power Co. under a PUC-approved plan.

Kevin Cadden, communications manager for the commission, said customers would be randomlyselected from those who have not shopped for an alternative supplier under the state's electriccompetition program.

Customers choosing to participate in the program will receive power from New Power beginning inJanuary and continuing through January 2004. New Power is a joint effort by Enron, America Online andIBM. Peco will continue to provide transmission and distribution service.

"Peco will select customers who have not actively participated in our program," Cadden said."However, customers have the right to opt out of this program and to return to Peco at any time without a penalty."

The commission said the action is intended to create more competition in the Philadelphia area by allowing a competitor to provide default service to Peco customers. Customers who do not shop under the state's electric competition law automatically continue to receive electricity from their local electriccompany.

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