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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

AEP Talks With FERC Over 2000/2001 Electricity Trading Practices

LCG, August 27, 2003American Electric Power has agree to pay just $45,240 in order to settle allegations of possible manipulative trading practices.

AEP has been under investigation for possibly unethical electricity trading practices such as Death Star, a plan by which imaginary congestion is created on the transmission system with fake transmission requests.

Federal Energy Regulatory Commission (FERC) staff reported that AEPs trading records, while questionable, do not qualify as Death Star trades and thus made the agreement for a $45,240 settlement.

AEP admits no guilt in the process of settling, and a FERC judge and three-person committee must still approve the settlement before it is final.

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