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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

Cuba Limits Power Use

LCG, May 28, 2002--The Cuban government has required state-run power users to cut their electricity use by 10 percent.

Cuba produces about 65,000 bpd worth of oil and natural gas. An additional 53,000 bpd Venezuelan crude oil is no longer being delivered to Cuba because the struggling island has not paid for some past shipments, forcing the country to pay more for imported oil.

Havana will probably pay 15 percent more for oil from other sources, according to a Reuters interview with a Cuban diplomat.
Since Cuba defaulted on credit payments, Spain, France, Italy, and Japan have stopped allowing trade credits to the country.

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