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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

NY Power Plant Plans Cancelled

LCG, May 9, 2002--Today General Electric and Sithe Energies Inc. publicized the cancellation of a joint development near Oswego in upstate New York, citing market conditions.

The Heritage plant would have been a 800 MW natural gas-fired combined cycle and had succeeded in all significant regulatory steps. The construction was postponed to this spring from December, but now the companies say recession and changes in electricity prices make construction economically unfavorable.

The cancellation is just one of a number of power projects that have been cancelled because of changing market conditions.

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