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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

CA Assembly Passes 2006 Retail Choice Bill

LCG, June 5, 2003-The California Assembly passed Bill 428, which aims to permit electricity consumers to pick suppliers outside of their prescribed utilities.

According to the bill, which passed 67 to zero, retail electricity customers using over 500 kilowatts would be allowed "Retail Choice" or direct access by 2006. This deregulatory action was initialized several years ago but was suspended in September 2001.

The bill would also let residential customers buy power directly from renewable resources beginning in 2006.

Keith Richman, a Republican assemblyman from Granada Hills, sponsored the bill.

A similar but less detailed bill in the Senate also aims to give direct access. This measure, Bill 888, passed the Senate Appropriations Committee on Wednesday by a weaker, seven to five vote, and goes to the floor today.

The Assembly bill will probably go to the California Senate Energy committee in less than 2 months.

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