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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

PG&E Submits Revised Plan Designed to End Debts

LCG, March 11, 2002-On Thursday, PG&E filed an alternate plan for dealing with its bankruptcy. The first plan was rejected by Judge Dennis Montali because it allowed PG&E to preempt state law, splitting up PG&E's assets.

The new plan requires redistributing $8 billion worth of PG&E assets into three companies, yeilding much state control over to the federal government. This plan does not deviate much from the PG&E's earlier attempt to split itself up, although this time 78,000 acres of watershed land would remain in PG&E's hands; state and federal officials, environmental groups, and farmers were concerned that authority over these environmentally-sensitive lands might be handed over. PG&E still wants to preempt other state laws, however, including those prohibiting the sale or transfer of power plants until 2006.

The state has other plans for PG&E, and while the corporation believes its new filing will pull it out of debt and allow it to pay creditors, California says PG&E should use pre-existing funds to pay off its debt.

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