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Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

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NRC Approves the Natrium® Reactor Construction Permit for TerraPower's Wyoming Nuclear Project

LCG, March 5, 2026--The Nuclear Regulatory Commission (NRC) announced yesterday that it has authorized the staff to issue TerraPower’s subsidiary, US SFR Owner, a construction permit for the company’s Kemmerer Power Station Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.

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Industry News

PPL Cancels Six Power Projects

LCG, Jan. 7, 2002--Utility holding company PPL Corp said on Friday that it will cancel six new power plants in Pennsylvania and Washington state, representing in the aggregate $1.3 billion worth of projects.

On Friday, EnergyOnline Daily News reported that Mirant Corp., Dynegy Inc., El Paso Corp. and possibly Calpine Corp. were also making significant cutbacks in previously announced projects.

PPL, like the others, cited falling wholesale power prices as the main reason for the cancellations. The companies also said they want to put some meat on their balance sheets in the wake of the collapse of energy trader Enron Corp.

PPL chief executive William Hecht said current market prices and regulatory conditions did not justify PPL's pursuit of the six projects that were in the early stages of development. He pointed to actions by power pools, independent system operators and the Federal Energy Regulatory Commission as having dampened power prices as well as adding uncertainty to the future.

PPL said it would remain on course in the development of $1.5 billion in other power plant projects over the next two years.

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