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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

Rehearing by FERC Sought Over Transmission Fees

LCG, Aug. 27, 2003--A group of utilities that are members of the Midwest Independent Transmission System Operator Inc. have notified the Federal Energy Regulatory Commission that they woud like the agency to reconsider its planned cancellation of some transmission fees.

The fees, called "through and out" charges, had been seen as discouraging competition, and are currently set to end in November. In addition to separate communications sent by a dozen utilities that own transmission, the Pennsylvannia Public Utility Commission stated that FERC's imposition of a seams elimination cost adjustment, itself an artificial rate mechanism, was unfair.

The through and out fees that had been charged amounted to roughly $250 million per year, and the utilities are of the opinion that doing away with the fees will cause them undue economic harm. According to some, up to $50 million is at stake due to what would be "free service." The Pennsylvania regulators felt that in supporting a shift to the new rate mechanism last month, FERC failed to gain commitments from transmission-owning entities to become part of regional transmission organizations, which are meant to enlarge the marketplace for electricity by standardizing rules and tariffs.
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