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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

Government of Canada Bolsters Wind Development

LCG, February 25, 2005--The Government of Canada announced in yesterday's federal budget that it will increase the federal Wind Power Production Incentive (WPPI) from 1,000 MW to a new target of 4,000 MW.

With the WPPI program, wind generators receive a payment of 1 cent per kWh for power produced over a ten-year period. In the 2001 federal budget, funds were provided tosupport the development of 1,000 MW of wind energy through 2007; however, it is expected that these funds will be consumed in 2005.

The installed wind generating capacity at the end of 2004 in Canada was nearly 450 MW, with another 2.000 MW either selected under Provincial Government proposals or already under construction.

Canada is in need of new supplies of electricity, especially given efforts to shutdown coal plants to reduce pollutants and greenhouse gases. Last year, the Ontario Energy Minister made commitments to close 7,600 MW of coal-fired power plants prior to 2008, with the first planned station shutdown of the 1,150 MW Lakeview Station in April of 2005.

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