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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

UtiliCorp Accused of Profiteering on Retail Gas

LCG, Dec. 7, 2000--Missouri regulators are investigating anonymous charges that UtiliCorp United Inc. made illegal profits on natural gas that it resells to 730,000 natural gas customers in five states, including Missouri.

An unsigned letter from a person claiming to be an employee of the utility charged that UtiliCorp's natural gas supply division, which purchases wholesale gas for resale to customers, was told it had to achieve an annual profit of about $10 million in a way that would not be detected by regulators.

As a regulated utility, UtiliCorp is prohibited from making a profit on retail gas unless an incentive system is in place for sharing profits with customers. No such program exists for UtiliCorp.

"I feel that these business practices are not appropriate and should be brought to your attention," the letter to the Missouri Public Service Commission said, noting that utilities in Missouri, Michigan, Minnesota, Iowa and Nebraska were affected by the practices.

The Missouri Public Service Commission found the allegations serious enough to justify an investigation. So did UtiliCorp, which is cooperating with investigators and conducting a probe of its own.

"While the allegations are anonymous and questionable, we nevertheless are taking them seriously," said George Minter, a UtiliCorp spokesman. The company said yesterday that it would not allow practices which were detrimental to ratepayers or against regulations. It expressed confidence that it will be found to have complied with regulations in spirit and to the letter.

Regulators is Iowa, Michigan and Minnesota have also opened investigations.

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