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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

EU Proposal Would Open Electric Market For Corporations

LCG, Mar. 5, 2002--France vetoed a proposal for full liberalization of electric and natural gas markets in order to protect the residential market.

EU financial ministers were drafting a proposal for the March 15 and 16 Barcelona summit that included the complete liberalization of electric and natural gas markets, but France found the proposal unacceptable . While all other EU members want complete liberalization, the French are loath to disrupt their pre-election political climate by worrying consumers over residential service.

Corporate customers will have a choice in electricity suppliers in 2003 and gas in 2004, according to the new proposal, although the EU's executive commission and other EU countries want complete deregulation by 2005.

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