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Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.

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TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.

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Industry News

Point Beach Operations Taken Over by New Firm

LCG, Aug. 9, 2000--Wisconsin Electric Power Co. said on Tuesday it has transferred operating authority of its Point Beach Nuclear Plant to the new Nuclear Management Co. effective yesterday. Under the agreement, the utility will maintain ownership of the plant, located near Two Rivers, Wisc.

The 30-year-old Point Beach has an output of 1,022 megawatts, about 30 percent of Wisconsin Electrics total.

Nuclear Management was formed by a group of Midwestern utilities to take over operations of their nuclear power plants when it became apparent that ownership by a utility of one or even two reactors was both economically and operationally impractical.

"Having (Nuclear Management) oversee operations of Point Beach, as well as the other nuclear plants, makes good business sense," said Richard Grigg, president and chief operating officer of Wisconsin Electric. "Customers will benefit from the enhancements provided by (a) team focused solely on nuclear plant operations and applying best practices."

Nuclear Management has assumed, or will assume, operational authority for Kewaunee, located in Kewaunee, Wisc., and owned by Wisconsin Public Service Corp., Alliant Energy Inc. and Madison Gas & Electric Co.; Duane Arnold Energy Center, located in Palo, Iowa, and owned by Alliant Energy, Central Iowa Power Cooperative and Corn Belt Power Cooperative; Monticello, located in Monticello, Minn., and owned by Northern States Power Co.; and Prairie Island, located in Welch, Minn.,and also owned by Northern States.

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