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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 Makes Utilities Pay Debts

LCG, March 25, 2002-India will make state utilities pay the $8.2 billion owed to the nation's energy companies.

Extensive electricity theft and farm subsidies have left Indian state electricity boards with a expected combined $5 billion loss.

Federal coal and power companies, as well as the railways, all are due money from utilities, and the Indian Power Ministry is taking steps to help utilities pay their debts. Pending cabinet approval, the ministry will issue bonds to utilities and reduce financial assistance to states with bankrupt electricity boards.

Today, as the world's second largest country, India has 100,000 MW capacity, but it plans to have 1 million MW in ten years.

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