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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

Bill to Turn Back Deregulation Passes CA Assembly

LCG, June 9, 2003--According to the author of the California bill SB 888, Sen. Joe Dunn, D-Santa Ana, "there is an urgency" behind its passage, but the bill, which passed the Senate Thursday, would likely disappoint some who have been able to make arrangements to buy electricity from sellers other than the state's major utilities.

The measure, which will go to the Assembly next, was not explicitly endorsed by Gov. Gray Davis, but Davis has asserted that California needs a "more regulated environment than we have now." Others, such as businesses who have been able to purchase electricity through "direct access" power contracts, are not eager for new legislation, before policy already in effect has had a chance to be tested more extensively.

While Dunn, who led an investigation into the causes of the energy crisis of 2000 and 2001, has referred to the real possibility of further rolling blackouts within the next year or two, it is not clear that SB 888 would significantly increase supplies available to California. It would give power companies the ability to enter long-term contracts, presumably with utilities. The state could also investigate the operating conditions at power plants taken off-line for maintenance or repair.

Severin Borenstein was quoted in the Sacramento Bee about SB 888, and said "It is unfortunate because direct access was not the problem, it was a symptom of the problem."
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