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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

China Plans to Split State Power Corporation

LCG, March 8, 2002-Yesterday Chinese ministers announced plans to redistribute many State Power Corporation electricity-generating and transmission assets to new competitive power-generation organizations.

Officials expect assets to form five regional companies, not including the southern provinces. The State Power Corporation will maintain controlling shares, although State Planning Commissioner Zeng Peiyan said that power producers should compete with one another and will be supervised by an as yet unformed committee. Foreign companies would be able to retain current contracts or form new ones.

Zeng also commented on China's economic growth rate, which has stayed at 7 percent for two months, exceeding expectations.

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