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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

FERC Decision on CA Long-Term Contracts Due in March

LCG, Jan. 17, 2002--An Administrative Law Judge for the Federal Energy Regulatory Commission, Bobbie McCartney, has sent California's dispute over long-term contracts signed during 2000 and 2001 to three commissioners, and said that re-signing the contracts must be shown to be in the public interest for the state to succeed.

McCartney said that the precedent used to determine the standard came from the "Mobile Sierra" rulings by the Supreme Court in the 1950s. Thus, FERC will decide whether California is able to show that new contracts are in the public interest. "The parties did not retain the right to unilaterally seek changes to their contracts, nor did the parties intend to do so," McCartney's ruling stated.

In some matters before FERC, another criterion is used for assessing the validity of contracts, which must be found "just and reasonable," as defined in the Federal Power Act. The commissioners have promised that they will render a decision by the end of March.
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