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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

California ISO – Back to Stage 2

LCG, Jan. 10, 2001While everybody who is anybody in the California electric power business was in Washington yesterday, it was business as usual with the California Independent System Operator, and that could have told the folks meeting at the Treasury Department what's wrong in the Golden State.

Once again, there wasn't enough electricity to go around. Cal-ISO put a Stage 2 electric emergency into effect from 5:00 p.m. to 10:00 p.m., and the state's investor-owned utilities began curtailing power deliveries to customers with interruptible service contracts.

A business can save real money by buying power under an interruptible contract that allows its utility to shut off its electricity when things get tight, but ordinarily that would happen only once or twice a year. Since last May, it has happened about 30 times, and many businesses say they won't sign the contracts this year.

Yesterday was going to be tough to begin with, as some 10,000 megawatts of California power plants were shut down due to planned and forced outages and a limited amount of imported power was available from the Northwest. When a major plant in Southern California went off line in the afternoon, Cal-ISO called the Stage 2 and directed utilities to shed 1,200 megawatts of load.

According to the ISO, demand across the California control area was expected to peak at 32,322 megawatts at around 6:00 p.m.

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