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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

Mirant Cancels South Korean Plant

LCG, July 24, 2002-U.S. company Mirant Corp. has changed plans to construct a 520 MW plant in South Korea and has plans to pull out of South Korea completely.

Previously, Mirant had announced that it would invest $300 million in South Korea once the country had begun privatizing its electricity industry, a move slated to begin later this year.

Now the company intends to sells its right to build a plant and later withdraw entirely from the South Korean market.

Financial concerns have added to the decision, and Mirant is concentrating on limiting debt and therefore has plans to sell $1.6 billion in assets.

Mirant's Singapore office will close, and the company's Asia-Pacific staff has been cut by about 35 percent.

Earlier this year South Korea decided to proceed with privatizing its electricity industry despite significant public protest and striking.

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