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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

Britain Makes a Move to Standardize Market

LCG, April 15, 2002The British government will move on enacting the British Electricity Trading and Transmission Arrangements (BETTA), an attempt to open the whole British market so that conditions are equalized between England, Scotland, and Wales.

British Energy Brian Wilson is anticipated to propose energy market legislation which will give rise to a unified energy trading system.

When British energy was privatized eleven years ago, Scottish consumers paid about 7 percent less than their English counterparts because of their hydroelectric generators, but now Scottish prices are 9 percent higher than English prices.

BETTA is hoped to bring about 16 million worth of cuts to Scotland, as well as 35 million to the system as a whole. The plan will give Scottish generators better access to the British energy market.

Energywatch, a consumer watchdog group recently accused the industry of denying British consumers $575 million (400 million pounds) in possible rate cuts.

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