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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

CPUC Upholds Non-utility Power Deals

LCG, Mar. 22, 2002--By a 3-2 vote, the California Public Utilities Commission yesterday allowed large energy customers who signed deals with non-utility energy providers and marketers through September 2001 to continue as "direct access" customers.

The vote was supported by Jeff Brown, Henry Duque and Michael Peevey, Gov. Davis' latest appointee, after the Legislature had not yet produced legislation concerning "exit fees" that would be assessed on direct access customers. The exit fees, which Brown said would be the PUC's priority, would be a way to spread part of the costs associated with the state's power crisis among all customer groups, and would likely be assessed according to actual consumption. Brown said that if exit fee assessments are not sufficient to mitigate the additional cost impact of deregulation on small customers, he would vote to revoke contracts that were signed after July 1, 2001. A previous vote stopped new direct-access contracts signed after September 20th.

Approximately 12 percent of the energy consumed within the service territories of PG&E, Southern California Edison and San Diego Gas & Electric Co. has been purchased by direct access customers, who include large businesses, municipalities, school districts, and the state university system.

PUC President Loretta Lynch and Commissioner Carl Wood, who voted to end direct access, said that the Legislature's order last year that the PUC suspend direct access meant that the Commission should not try to interpret the law, but implement it. Doug Heller of the Foundation Taxpayer and Consumer Right said of the decision, "they're allowing the very same businesses that pushed for deregulation to escape the problems that resulted from deregulation."

Lynch said the commission voted without a clear legal ability to instate an exit fee. Earl Bouse, who chairs the California Large Energy Consumers Association, and is an executive at Hanson Permanente, a cement company in Cupertino, said that an exit fee as has been proposed by state consultants could wipe out savings realized from direct-access. The fee proposed was 2.395 cents per kilowatt hour, to which Bouse responded, "then it's a question of whether we can continue to do business in California."
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