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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

Northern California Natural Gas Prices to Drop

LCG, Dec. 28, 2001--Pacific Gas & Electric Co. predicted yesterday that natural gas prices in Northern California will be 72 percent lower next month than they were last January, dropping from $1.41 per therm a year ago to $0.39 per therm next month.

For the average residential customer of PG&E, the plunge in gas prices will mean a drop to $48.38 on the monthly gas bill, from $121.92 in January of this year.

"For the first time in many months, prices are beginning to stabilize and are more reflective of natural gas costs during the past five years," the company said in its news release.

Because almost all of the electricity generated in California is from natural gas-fueled power plants -- either older gas-fired boiler operations or newer gas turbines -- the price of power is also expected to decrease.

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