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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

Pennsylvania Okays GPU-First Energy Merger

LCG, May 25, 2001-- Pennsylvania utility regulators Thursday gave conditional approval to aproposed merger of GPU Inc. with Ohio-based First Energy Corp., but postponed a decision on GPU's request to raise rates, the Pennsylvania Public Utility Commission said yesterday.

The commission voted 5-0 to approve the merger and then voted 4-1 to convene a "collaborative meeting" between the parties, to begin Tuesday and conclude no later than June 20. The commission said it would issue a final order by July 13, no matter what the collaboration produces.

The regulators attached conditions to their approval, Commissioner Terrance J. Fitzpatrick said. The combined company must agree to refrain from charging customers for costs associated with the deal or withdrawing transmission assets from the power grid that serves Pennsylvania.

The commission also required the companies to submit a detailed plan of anticipated job cuts within 60 day of the effective date of the merger to ensure that GPU's Pennsylvania employees do not pay the major price for "synergies" produced by the combination.

The new company formed by the merger will stretch from Ohio to the Jersey shore, will serve about 4.3 million customers and have annual revenue of around $12 billion.

GPU had sought a rate increase to offset the rising cost of wholesale power, even though it had agreed to a rate freeze through 2008 in earlier deregulation negotiations.

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