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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

LADWP Board Approves Wind Agreement with PPM

LCG, June 8, 2006--The Los Angeles Department of Water and Power (LADWP) Board of Water and Power Commissioners Tuesday approved a long-term agreement with PPM Energy, Inc. (PPM) to purchase 82 MW of wind power annually over the next 16 years.

The energy will be generated at the Pleasant Valley Wind Energy Center, located in Uinta County, Wyoming. LADWP has agreed to pay a fixed amount of $63/megawatt-hour for the term of the agreement, and LADWP estimates that the energy delivered will cost between $236 million and $280 million over the term of the agreement. Power deliveries are to commence July 1, pending approval by the City Council.

The City of Los Angeles has a goal of achieving 20 percent renewables by 2010, and the new agreement will increase the City's renewable energy supply portfolio to about 6.5 percent renewable energy. Two additional renewable wind energy agreements with PPM are expected to be presented for Board and City Council approval in the near future, according to LADWP. These two projects will increase the City?s renewable energy portfolio by another 1.2 percent.

Last November, the LADWP Board approved a deal to acquire the Pine Tree Wind Project located in Kern County, California. The Pine Tree Wind Project, with an electric generating capacity of 120 MW, will be the largest wind farm owned by a municipality in the country. The project will consist of 80, 1.5-MW wind turbines to be provided by GE Energy. The Pine Tree Wind Project will be located about 12 miles north of Mojave, California. The current project schedule is to commence operations in late 2007.



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