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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

Panda Plans 1,300 Megawatts for West Point, Texas

LCG, Jan. 12, 2001--Panda Energy International, Inc. yesterday announced the development of a $400 million, 1,300 megawatt merchant electric power plant in West Point, Texas, called the Panda Black Prairie Project. Construction is set to begin in the spring of 2002 and will take about 18 months.

City officials stated the plant will add at least $2.9 million to the tax base, $1.2 million of which will be earmarked for the West Point Public School District.

About 500 jobs and an estimated payroll of $50 million will be created during the construction period, the company said. When the plant goes into service in 2004, it will employ 45 people with over $2 million in annual payroll. Panda said it is committed to searching the local area for qualified employees before going outside the state.

West Point Mayor Kenny Dill said "The tax dollars Panda generates will help us improve roads and infrastructure, and enable our school system to add programs and facilities that otherwise would not have been possible.''

Dr. Randy Hamblin, West Point schools superintendent, was no less enthusiastic. "I understand that Panda Energy has long been a supporter of public education in the communities in which they are located, he said. "We are looking forward to having a good relationship with them here, as well."

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