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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

Proposed Settlement for Oak Creek Coal Project in Wisconsin

LCG, July 26, 2004--The community of Caledonia, Wisconsin and We Energies reached a proposed settlement last week regarding the planned Oak Creek Power Plant. The agreement provides for processing of We Energies' permit applications and the withdrawal of Caledonias pending appeal of the Public Service Commission of Wisconsin's (PSCW) order. The PSCW approved the construction of the project in November 2003. The project, which includes two 615 MW, supercritical pulverized coal units, will be the largest coal plant in Wisconsin.

The community of Caledonia, Wisconsin, with a population of 1,466, has opposed the project. The town had filed a lawsuit in December challenging the decision by the PSCW. If the Caledonia Board approves the measure, Caledonia will drop its lawsuit and petition the PSCW to adopt certain provisions of the proposed agreement with the utility that address the We Energies' plan to expand, thereby avoiding extended legal court battles. The terms of the settlement provide for We Energies to provide Caledonia:

-$20 million for economic development over the next fifteen years.

-Annual payments of $1,053,686 until 2040 to cover the local costs associated with specific health and safety issues.

-Reimbursement of other town expenses, which have reached $80,000.

Other opponents plan to continue their opposition to the plant. "This is not a done deal," said Steve Bulik, a coordinator with Responsible Energy for Southeastern Wisconsin's Tomorrow (RESET). "There are many more hurdles for We Energies to clear. This action adds to the cost of coal, and obviously, ratepayers will wind up paying for it."

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