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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

India's Videocon Eyes Enron's Dabhol Power

LCG, Dec. 10, 2001--Indian consumer electronics and home appliance giant Videocon is looking for a partner with which to make a bid for Dabhol Power Co., the troubled Enron Corp. project that is India's largest single foreign investment.

Venugopal Dhoot, Videocon's chairman confirmed his company's interest to the Business Standard newspaper on Saturday.

"We are looking at acquiring stake in Dhabol," he said. "We are unlikely to go it alone and are looking at the possibility of roping in a multinational power company as a partner."

Videocon would buy Enron's 65 percent in Dabhol and the 10 percent shares owned by General Electric Co. and Bechtel Enterprises. The remaining 15 percent belongs to the Maharashtra State Electricity Board.

The paper said Videocon has already talked to the state government of Maharashtra and has written to the Industrial Development Bank of India, a key lender to Dhabol, expressing its interest in the company.

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