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NRC Completes Safety Review of Construction Permit Application for TerraPower's Kemmerer Power Station in Wyoming

LCG, December 1, 2025--The Nuclear Regulatory Commission (NRC) announced today that the NRC staff completed its final safety evaluation for the application submitted by TerraPower, on behalf of its subsidiary US SFR Owner, to construct the Kemmerer Power Station Unit 1 in Kemmerer, Wyoming. Unit 1 will be the first nuclear project of its kind using the Natrium advanced reactor design. The evaluation concludes there are no safety aspects that would preclude issuing the construction permit.

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RWE Commissions the 200-MW Stoneridge Solar Project in Texas

LCG, November 26, 2025--RWE announced today the commissioning of the Stoneridge Solar project, located in Milam County, Texas. The project capacity is 200 MW of solar power, plus a battery energy storage system (BESS) that provides 100 MW (200 MWh) of battery storage capacity. The BESS improves the supply of short-term, reliable, affordable electricity in ERCOT.

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Industry News

Constellation to Spin Off BG&E

LCG, Oct. 24, 2000--Constellation Energy Group, parent of the Baltimore Gas & Electric Co. utility and of Constellation Enterprises Inc., said yesterday it would spin off BG&E, its retail energy services unit, in a move designed to enhance Constellation's merchant power business.

The move will create two stand-alone, publicly traded energy companies headquartered in Maryland, the company said in a press release. One of them, BG&E, will continue to do business in regional retail energy and energy services and will be chaired by Edward Crooke, who is returning after taking an early retirement as Constellation's vice chairman last January.

"Constellation Energy Group is creating two strategically strong energy companies that will both beheadquartered in Maryland -- each one will be an attractive investment opportunity in the energysector," said Christian H. Poindexter, chairman and chief executive.

Constellation will focus on wholesale power marketing and generating in North America. Its goal will be to establish control over more than 30,000 megawatts of electrical generating capacity by 2005, with the objective of annual earnings growth between 20 and 25 percent.

Goldman Sachs has agreed to take up to a 17.5 percent stake in the merchant energy business after the separation in exchange for $250 million and certain assets related to its power marketing and trading business, and will also help develop Constellation's natural gas trading and marketing operations.

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