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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

Newsmakers

Richard E. Terry, the chairman and chief executive officer of Peoples Energy, will retire effective August 1. He will be succeeded by Thomas Patrick, now president and chief operating officer. Patrick will continue as president upon the transition. Terry will have completed a 30-year career with Peoples Energy, having originally joined the legal department and served for over 11 years as chairman and CEO. Patrick, who has been with the company for 26 years, oversaw the company's utility subsidiaries and managed regulatory affairs and gas supply until 1998.

CMS Energy has promoted Michael VanHemert to the new position of vice president and secretary of CMS Enterprises, the diversified energy business unit. He will manage CMS Enterprises' corporate secretary activities as well as CMS Energy's investor services and corporate records areas. He will continue to serve as deputy general counsel of CMS Energy, in which position he is responsible for financing and securities matters.

Gary Cardone is resigning from Dynegy Europe, to take leave of absence for an undetermined length of time. Cardone was responsible for initiating gas trading in Britain when he helped create British Gas' energy trading division in 1994.

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