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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

Montana Power Sale of Utility Business Approved

LCG, Feb. 26, 2001The Federal Energy Regulatory Commission has approved the sale by Montana Power Co. of its electric utility operations to North Western Corp. of Sioux Falls, S.D., the two companies said in a joint statement Friday.

The deal will cost North Western about $1.1 billion, including assumption of around $488 million in Montana Power debt. Approval of the deal is still required from the Montana Public Service Commission and the U.S. Securities and Exchange Commission.

In March last year, Montana Power said it would sell all of its power plants, wires and other electric utility assets and become a telecommunications company. By summer, the company will have also sold other energy related businesses in coal, oil and natural gas, as well as its independent power production operations.

"This will take us completely out of the energy businesses and will leave us as a stand-alonetelecommunications company. Our name will be Touch America," spokesman Cort Freeman said.

It would seem that the name could have been sold along with the other assets.

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