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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

El Paso Corp. Files Partial Settlement

LCG, June 5, 2003-Subsidiaries of natural gas pipeline company El Paso Corporation filed a structural settlement with the Federal Energy Regulatory Commission.

Several bodies from Western states have claimed that El Paso manipulated natural gas flow, resulting in high gas prices and contributing to the energy crisis of 2000/2001.

In March El Paso agreed to pay $1.7 billion worth of settlements regarding these claims, and the company said yesterday that settlements are in their final stages.

The settlements, filed by natural gas and merchant energy units El Paso Natural Gas Company, El Paso Merchant Energy Company, and El Paso Merchant Energy - Gas, L.P.,, were submitted to the FERC along with the California Public Utilities Commission, PG&E Utility, the city of Los Angeles, and Southern California Edison.

El Paso Corporation is the nation's largest pipeline company, with 58,000 miles of pipeline, in addition to drilling and energy assets.

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