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Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

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NRC Approves the Natrium® Reactor Construction Permit for TerraPower's Wyoming Nuclear Project

LCG, March 5, 2026--The Nuclear Regulatory Commission (NRC) announced yesterday that it has authorized the staff to issue TerraPower’s subsidiary, US SFR Owner, a construction permit for the company’s Kemmerer Power Station Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.

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Industry News

Utility and FERC Attempt to Block Moves by Bankrupt Mirant

LCG, Sept. 5, 2003--Mirant Corp. is attempting to cancel $700 million worth of money-losing power supply contracts it signed with Pepco, a utility serving Washington, DC and surrounding areas, while Pepco and the Federal Energy Regulatory Commission say that the bankruptcy court overseeing Mirant's reorganization lacks the proper authority to allow such a move.

Mirant, having filed for bankruptcy on July 14, requested that the bankruptcy court allow it to be released from deals in which it sold power to Pepco from plants formerly owned by Pepco, as well as from existing purchase agreements it acquired from the utility. FERC officials, having filed jointly with the U.S. District Court for Northern Texas U.S. on the matter, contend that only FERC should be able to release Mirant from contracts.

A temporary restraining order was issued by the bankruptcy court that barred FERC from issuing any orders concerning Mirant's deals with Pepco. It does not appear likely that, whatever the outcome, Pepco will need to consider the possibility of losing its power supply. Mirant wishes to renegotiate its existing deals. Several deals it is trying to revise are with companies other than Pepco, such as a tolling agreement with a 725-megawatt plant in Texas, Cleco's Perryville. Cleco has said it will seek damages if the contract is cancelled by the bankruptcy court.
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