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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

SoCal Ed Holds Off Most QF Power Suppliers

LCG, Aug. 6, 2001--Cash-strapped Southern California Edison Co. said Friday that it had reached settlements with most of the "qualifying facility" power producers that had sued it for non-payment, holding off for now the possibility that a group of them might force the utility into involuntary bankruptcy.

SoCal Ed said it had agreements in place with more than 100 QFs as well as with three of four larger generators, and was close to agreement with the fourth.

" With those settlements, we should have standstills with the vast majority of QFs that we've been in litigation with," said SoCal Ed senior counsel Russ Swartz. By "standstills," he meant that the parties had agreed to refrain from pursuing certain actions -- in this case lawsuits.

Ted Craver, chief financial officer for SoCal Ed's parent Edison International Inc., said the utility remains in "active discussions" with California legislators and Gov. Gray Davis on the deal negotiated by the governor for the state to buy its transmission system, despite the probability that nothing will be done until after the August 15 deadline agreed to by Davis and SoCal Ed in April.

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