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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

Pepco-Conectiv Merger Gets FERC Approval

LCG, Sept. 28, 2001--Potomac Electric Power Co. and Conectiv said yesterday they have received approval of their proposed merger from the Federal Energy Regulatory Commission, calling the green light "a significant milestone on the path to completing the combination of the two utilities."

Pepco also announced that regulators in Delaware, Maryland, New Jersey, Virginia, and the District of Columbia have now established schedules for reviewing the merger which are consistent with the companies' plans to complete the merger in the first quarter of 2002.

The companies said the merger will create the largest electricity delivery company in the Mid-Atlantic states with the largest transmission network serving the regional power grid. The new company will serve 1.8 million customers in the District of Columbia, Maryland, Delaware, New Jersey and Virginia.

The Federal Trade Commission and the U.S. Justice Department cleared the merger in August. Shareholders of both companies approved the merger in July.

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