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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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Constellation Energy Group Announces Board Changes

Constellation Energy Group Inc. has announced the election of two new directors and that five will retire, having reached normal retirement age.

The new directors are:

  • Edward J. Kelly III, president and chief executive of Mercantile Bankshares Corp. and former managing director and head of the global financial institutions group for J. P. Morgan Chase & Co., has been elected a director.

  • Robert J. Lawless, chairman, president and chief executive of McCormick & Co. Inc. and a 25-year veteran of that firm, has also become a Constellation director.

Those retiring from the board are:

  • H. Furlong Baldwin, chairman of Mercantile Bankshares Corp.

  • J. Owen Cole, retired chairmen and chief executive of First National Bank of Maryland.

  • Dan A. Colussy, chairman of Iridium Satellite LLC.

  • Jerome W. Geckle, retired chairman and chief executive of PHH Corp.

  • George L. Russell Jr., currently associated with the law offices of Peter G. Angelos.

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