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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

Energy Market May Lead to Mothballing of 16 AEP Texas Plants

LCG, September 12, 2002-American Electric Power, or AEP, may mothball as many as 16 of its Texas power plants in order to ease its financial situation.

The plants, all of which are gas-fired, are located within the Electric Reliability Council of Texas (ERCOT). ERCOT will determine which plants are RMR, or "reliability must run," and the remaining, less-than-vital plants will be pulled off line by the end of this year.

AEP officials say the mothballing is in response to deregulation-related growth in the Texas power industry, which has pushed wholesale electricity prices below AEP production costs. Plant employees affected by mothballing will reportedly assume inactive status and receive severance pay.

The sixteen plants in question, representing some 2,663 megawatts of capacity, are Abilene, B.M. Davis, E.S. Joslin, Fort Phantom, Fort Stockton, J.L. Bates, La Palma, Lake Pauline, Laredo, Lon C. Hill, Nueces Bay, Oak Creek, Paint Creek, Rio Pecos, San Angelo, and Victoria.

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