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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

Atlantic Power Announces Construction Is on Schedule for Georgia Biomass Project

LCG, May 12, 2011--Atlantic Power Corporation ("Atlantic Power") yesterday announced that construction at Piedmont Green Power, a 53 MW biomass project in Georgia, is on schedule and on budget. The total equity investment is now $75 million, and the remainder of the construction costs for the turnkey project will be funded by project-level financing. The project is scheduled for completion in late 2012.

The electricity generated will be purchased by Georgia Power under a long-term power purchase agreement (PPA). Piedmont Green Power was developed and will be managed by Rollcast Energy, Inc., a biomass developer in which Atlantic Power owns a 60% interest. The project site is approximately 70 miles southeast of Atlanta, Georgia. The power plant will consume approximately 500,000 tons of woody biomass per year, all of it sourced from the surrounding area.

The project is one of the few biomass projects in the U.S. that was not placed on hold due to regulatory uncertainty associated with the Industrial Boiler (IB) MACT, the carbon neutrality of biomass, and/or whether or not the biomass supply qualified as renewable.

While discussing Atlantic Power's first quarter results, Barry Welch, President and CEO, yesterday stated, "Our results for the quarter met our expectations and are in line with our guidance for the year. We continue to focus on accretive development and acquisition opportunities to enhance our long-term cash flows and are confident that we can continue to execute on our growth strategy."

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