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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

White House Calls California Power Interests Together

LCG, Jan. 5, 2001The Clinton administration has called California Gov. Gray Davis and officials of his state's two largest electric utilities to a White House meeting next week in an effort to resolve the energy crisis in the Golden State, the Washington Post reported this morning.

The Post noted that California's economy is larger than that of all but five countries, but its utilities are threatened with bankruptcy and many of its businesses and consumers with soaring electricity bills. As the crisis has grown, so has rhetorical heat in California with more finger pointing than problem solving going on.

Administration officials said they hope that by bringing all sides to the White House they can establish a new tone for negotiation and forge a compromise, the Post said.

"We feel that this is a serious enough situation that every party has to be willing to compromise andgo the extra mile to find a way out," a senior administration official told the Post. "We believe every effortshould be made to bring the parties together in search of at least a temporary solution."

Steve Maviglio, a spokesman for Davis, said the governor hoped federal energy regulators would be told to cap the wholesale price of power. "That's the big kahuna for us," he said.

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