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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

Utilities in U.S. Northwest Ask for Steep Gas Rate Hikes

LCG, Dec. 11, 2000--Avista Corp. and Puget Sound Energy Inc. asked regulators to approve steep natural gas rate hikes because of rapidly escalating wholesale prices for the commodity which the utilities sell to their retail customers without profit.

Avista asked both Washington and Idaho to approve a 29 percent rate increase, while Puget Sound Energy asked for a 25 percent boost to its gas rates in Washington. For a typical householder now paying $65 a month for natural gas, Avista's rate hike would mean monthly bills of $83.85 and Puget's would nick the consumer $81.25.

Avista asked that its rate hike take effect in both states on January 11. Puget was willing to wait a day longer.

"Even with this adjustment, natural gas remains a good value for consumers," said Tim Hogan,Puget's vice president for external affairs. "When it comes to heating a home, a dollar's worth ofnatural gas buys consumers the same amount of energy as $2.33 worth of propane, $1.52 worth ofoil or $1.61 worth of electricity."

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