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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

Bankrupt NRG's Plants Seen as Important to Reliability

LCG, July 18, 2003--NRG Energy, the bankrupt merchant developer, says that its losses from operating power plants under a supply contract with Connecticut Light & Power amount to $500,000 per day, and that it could have no cash left within less than a month with which to continue running the plants.

In a ruling in June, the Federal Energy Regulatory Commission (FERC) determined that NRG must honor its supply contract, which is scheduled to end at the end of the year. The grid administrator for New England, ISO-NE, has warned that the risks of not having enough power to supply customers in Connecticut would increase substantially during peak periods if capacity goes offline for any reason. NRG Energy has 25 generating units that have a combined potential output of 2,155 megawatts.

According to the New England Independent System Operator, areas throughout its territory would be vulnerable to blackouts in the absence of NRG's resources. It has urged FERC to "take whatever actions are necessary" to see that NRG's plants do not cease to operate.
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