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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

CMS Energy Sells 59 Megawatt New York Hydro Plant

LCG, Oct. 30, 2000--CMS Energy Corp. the parent company for Michigan's Consumers Energy Co., said on Friday it has closed the sale of its one-eighth ownership interest in the Curtis-Palmer hydroelectric generating project in New York State to International Paper Co. for about $12 million.

Curtis-Palmer is a 58.8 megawatt, two-dam hydroelectric generating project located in Corinth, N.Y., on the Hudson River downstream from Lake George. The facility sells its electric output to Niagara Mohawk Power Corp. under a long-term contract.

CMS said the sale is part of its $1.4 billion asset sale and "balance sheet improvement" program. With the sale, CMS has completed approximately $870 million of cash proceeds and balance sheetdebt reductions to date as part of its program to get the most out of its assets.

" We are executing our asset sale program, and expect to make continued progress on sales of non-strategic assets this year," said Preston D. Hopper, senior vice president for corporate performance and chief accounting officer.

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