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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

Bidding Process for Enron's Plant in India Takes Form

LCG, Jan. 21, 2002--Companies interested in bidding on Enron's $2.9 billion Dabhol power project in India's state of Maharashtra are said to have until March 14th to submit offers.

The plant is jointly owned by Enron, which retains 65 percent; General Electric and Bechtel each have 10 percent, and Maharashtra State Electricity Board holds 15 percent. The bidders include three foreign companies and three Indian companies, the foreign companies being Royal Dutch/Shell, European oil major TotalFinaElf, and the French government-owned Gaz de France. All will have access to a data room in London containing operating information and contractual agreements relating to the installation by early February.

The bidding process is being overseen by the Industrial Development Bank of India and the Overseas Private Investment Corporation, a US agency that insures ventures by U.S. firms in "risky" regions. A pre-bid conference is expected to take place in late February to give background information that could affect the value of the plant.

The first phase of the project, with a capacity of 740 megawatts, was to have been followed by a 1,444-megawatt second phase, but delinquency in payments for power by the state electricity board was followed by a halt to further construction.
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