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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

Survey of Offshore Areas Made Part of Senate Energy Bill

LCG, June 16, 2003--A vote to require the Interior Department to carry out a survey of offshore areas to estimate potential gas and oil reserves was approved by the Senate 54-44, despite a moratorium on offshore drilling scheduled through 2012.

A House-Senate conference committee will decide whether the measure is to be included in jointly developed legislation. Presidents Bush (the senior) and Clinton approved blocking funding of drilling projects, which have been opposed by legislators from coastal areas since the early 1980's. Supporters of the measure noted that it does not allow the leasing of lands, but would "simply help us to make more accurate and informed decisions," said Sen. Mary Landrieu, D-La.

Impetus for the survey came from concern about the current shortfall in natural gas production, of 3 trillion cubic feet annually, relative to 23 trillion cubic feet of consumption. Some who opposed the survey, such as Washington state's Maria Cantwell, a Democrat, believe the survey opens up their districts to possible economic harm, through potential effects of drilling on industries such as fishing and tourism.
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