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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

China Energy Chief Gone Missing

LCG, October 22, 2002-China's State Power Corporation chief has been officially missing for several weeks amid allegations of corruption.

Gao Yan, director of the State Power Corporation, may have gone to Australia to escape prosecution, some speculate.

In a second and likely related mystery, Shenzhen Energy Group chairwoman Lao Derong disappeared last week.

Some corruption experts contend that party leaders may be looking for officials to punish in order to take off some of the pressure from public outrage at widespread fraud.

Plans for prosecution of Yan comes as several other high-ranking Chinese officials find themselves under scrutiny. This year China Central Television executive Zhao An, as well as a number of banking and finance executives and China Everbright executive Zhu Xiaohua have been prosecuted and in some cases imprisoned for improper business practices such as taking bribes.

China's power chief was expected to resign this year after the country's deregulation began; China plans to split its State Power Company into a number of separate companies in an effort to create competition. Australian officials have so far been unable to verify whether or not Yan has entered their country.

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