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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

Entergy Announces Possible Price and Volume Misreport

LCG, August 12, 2003Today the Entergy Corporation said that some of its employees may have inadvertently submitted incorrect price and volume data to industry publications.

Entergy said that prices might have been presented incorrectly, but the company had not found that employees tried to intentionally manipulate indices.

The corporation was ordered to give gas and electricity trading data to the Securities and Exchange Commission this April. Entergys records are still under review.

Today an Entergy spokeswoman also announced that the company plans to lay off roughly seven percent of its employees, or 1,000 people, in order to focus on the nuclear operations. Entergy hopes to eliminate the jobs by the end of the year through voluntary severance packages.

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