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Data Center Customer Adds 620 MW Order for INNIO's J624 Gas Engines

LCG, October 23, 2026--INNIO N.V. yesterday announced a 620 MW follow-on order from a developer and operator of mega-scale data center campuses in the United States. Together with the customer's 1.1 GW order announced previously in July, the new order brings cumulative orders from the customer to approximately 1.72 GW this year.

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The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

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Industry News

Texas Utilities Claim PUC Not Responding to Rate Rules

LCG, July 25, 2002--Rate increase requests filed by major Texas utilities two weeks ago are legally justified under the rules for deregulating the Texas electricity market, the utilities say.

The companies, which include Reliant Resources and its energy provider Reliant Energy, TXU Corp., and units of American Electric Power, are seeking a court ruling to bring about rate changes based on increases in the cost of natural gas. When the rate filings were made, the Public Utilities Commission (PUC) referred the filings to the State Office of Administrative Hearings.

At issue are rules meant to cover a transition period for the deregulated Texas market, which allow adjustments in rates up to twice per year. A 4 percent increase in 12-month gas prices, or changes in the cost of power purchases, are supposed to form the basis of rate changes.

Reliant, which is seeking a 5.8 percent rate increase, says the difference between wholesale and retail prices is costing it $500,000 per day. CPL Retail Energy and WTU Retail Energy, under American Electric, argue that by not granting the requests, the PUC will discourage market entrants. Unregulated players see the regulated utility rates as the price they have to beat to offer customers a competitive alternative. The PUC is planning to receive a response to the filings from the State Office of Administrative Hearings by September.
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