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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

Gas Prices Provided by Williams for Indexes Were False

LCG, Oct. 25, 2002--Natural gas traders for Williams Cos. reported false gas trades to industry publications, Williams announced today following an investigation into the matter.

The Commodities Futures Trading Commission is currently investigating the circumstances under which the false reporting by some traders took place, with the cooperation of Williams. A survey of anonymous traders is made by publishers of price indexes, which are used in many contracts to determine the terms of settlement. Dynegy and American Electric Power indicated last week that the prices of some trades reported to Platts, a McGraw-Hill Cos. division, had been false.

Williams does not report trading information to industry publications at present, following its significantly reduced emphasis on trading operations. The company is now trying to improve its liquidity through asset sales.
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