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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

Lawmakers Consider Enron Role in California Crisis

LCG, Jan. 16, 2002--The California Senate Rules Committee may compel Enron Corp. officials and Arthur Andersen representatives to provide sworn testimony concerning documents dealing with last year's power market crisis.

The legislators on the committee realize that such documents may have been destroyed when Arthur Andersen Accounting received a subpoena from the Securities and Exchange Commission. The partner in charge of Enron audits, David Duncan, has been discharged by Arthur Andersen. The investigation Senate members are conducting into possible market manipulation during California's power crisis could be aided by some of the same documents.

Sen. Joe Dunn, D-Santa Ana, who chairs a special Senate task force on price manipulation, told the Sacramento Bee that Enron submitted 133,464 documents to the Rules Committee in response to subpoenas, after failing to comply for months. In September, it turned over documents with under a confidentiality agreement. Dunn told the Sacramento Bee the documents were "woefully inadequate" in satisfying the subpoena.

Dunn further said the "destruction of any documents that were under subpoena from this legislative committee is a violation of California law," and that if it had taken place, the committee would "take all necessary action that is available to us."

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