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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

Enron Will Sell Pipelines

LCG, May 21, 2004--Enron will sell a company it owns that has full or partial positions in pipelines in North America, a move that will leave Enron with only international pipeline assets once the deal is completed.

CrossCountry Energy Corp. was formed when North American and international pipelines were assigned to two distinct companies, after what Enron managers found to be lackluster bids to buy pipelines were submitted in late 2002. As part of the deal, NuCoastal LLC, run by Oscar Wyatt Jr. of Texas, will acquire CrossCountry for $1.8 billion.

According to Stephen Cooper, who became CEO to assist in Enron's bankruptcy reorganization and was quoted in the Associated Press, the sale "reflects a stronger market for quality, high-performing energy assets than we had seen two years ago." Before the transaction can go forward, it will require approval from U.S. Bankruptcy Judge Arthur Gonzalez in New York.
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