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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

Power Purchases Between Southern Affiliates Under Review

LCG, July 9, 2003--Power purchases by the utility Southern Power, a unit of Southern Co., from power plants owned by corporate affiliates, were ordered to be subject to judicial review by the Federal Energy Regulatory Commission.

The federal agency gave approval to the long-term contracts, which secure 1,240 megawatts from generating units under construction at Georgia's McIntosh plant, after Southern Power requested such approval. FERC responded in its order to issues raised by Calpine Corp. and the Electric Power Supply Association, which represents merchant generators.

Southern Power stated to FERC that the purchases came out of "a highly competitive, state commission-supervised resource solicitation, evaluation and certification process that meets all of the Commission's legal requirements for ensuring just and reasonable rates through a competitive bidding process that was fairly implemented for all bidders."
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