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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

PJM Operations Expand to Include Dominion

LCG, May 4, 2005--PJM Interconnection (PJM) announced that its electric grid now includes the transmission assets - over 6,000 miles of high-voltage lines in Virginia and North Carolina - of Dominion as of May 1, 2005. Although PJM will control the transmission system, Dominion will retain ownership. PJM now manages and administers the wholesale power markets covering a 13 state region, plus the District of Columbia.

The addition of Dominion is a continuation of the progress PJM made last year to enlarge its footprint. In May of last year, PJM integrated over 5,000 miles of transmission lines transferred by Commonwealth Edison (ComEd), becoming the world's largest grid operator. On October 1, 2004, PJM began managing the transmission lines of AEP and Dayton Power and Light Company, and Duquesne Light Company was added on January 1, 2005.

The integration of Dominion's system into PJM, coupled with the Midwest ISO's launching of its new, Day-Ahead and Real-Time electricity markets on April 1, are two major achievements for the Federal Energy Regulatory Commission (FERC) towards its objective of creating geographically large, Regional Transmission Organizations (RTOs) that incorporate the FERC's Standard Market Design (SMD), including centralized, security-constrained unit commitment; security-constrained economic dispatch; locational marginal pricing (LMP); and a market for financial transmission rights (FTRs).

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The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service