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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

Florida Power & Light Will Cut Rates

LCG, March 14, 2002-The Florida Power & Light Company came to an agreement with Florida officials and electricity consumers, allowing for a 7 percent decrease in electricity rates over the next four years.

A subsidiary of the FLP Group Inc., the Florida company announced that the rate cut will reduce base charges by $250 million and fuel charges by $200 million per year. The plan requires the company to turn over revenues that exceed a specified amount, $450 million for 2002, to Florida customers.

The decision has yet to be approved by the Florida Public Service Commission.

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